SWIFT/BIC code STSOITM1XXX
STSOITM1XXX belongs to Standard and Poor's Credit Market Services Italiy SRL in Milano, Italy.
Code details
| SWIFT/BIC code | STSOITM1XXX |
|---|---|
| 8-character code | STSOITM1 |
| Branch code | XXX |
| Bank | Standard and Poor's Credit Market Services Italiy SRL |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Standard and Poor's Credit Market Services Italiy SRL SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- STSO Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses SWIFT/BIC code STSOITM1XXX?
STSOITM1XXX is the SWIFT/BIC code of the headquarters of Standard and Poor's Credit Market Services Italiy SRL in Milano, Italy. It is the code to use when a payment to Standard and Poor's Credit Market Services Italiy SRL does not need a specific branch.
What is the best way to send money to Standard and Poor's Credit Market Services Italiy SRL?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.
How long does a transfer to Standard and Poor's Credit Market Services Italiy SRL take in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need STSOITM1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need STSOITM1XXX.
Are STSOITM1 and STSOITM1XXX the same code?
Yes. STSOITM1 is the 8-character version of STSOITM1XXX. XXX simply means head office, so both will reach Standard and Poor's Credit Market Services Italiy SRL in Milano.
What does each part of STSOITM1XXX stand for?
STSO is the institution code of Standard and Poor's Credit Market Services Italiy SRL, IT is the ISO code of Italy, M1 is the code for the city or region and XXX marks the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.