SWIFT/BIC code SVFIIT310MM
SVFIIT310MM belongs to Sovifin Sim S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | SVFIIT310MM |
|---|---|
| 8-character code | SVFIIT31 |
| Branch code | 0MM |
| Bank | Sovifin Sim S.P.A. |
| Branch | — |
| City | Milano |
| Country | Italy |
The way the Sovifin Sim S.P.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SVFI Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- 31 Location code
- 2 characters for the city or region of the head office.
- 0MM 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 is behind BIC SVFIIT310MM?
SVFIIT310MM is the SWIFT/BIC code of Sovifin Sim S.P.A., a unit of Sovifin Sim S.P.A. in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use SVFIIT310MM incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check SVFIIT310MM against the details from Sovifin Sim S.P.A. before sending.
Can I use SVFIIT31 instead of SVFIIT310MM?
SVFIIT31 points to the head office of Sovifin Sim S.P.A., while SVFIIT310MM points to Sovifin Sim S.P.A.. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention SVFIIT310MM.
What does each part of SVFIIT310MM mean?
SVFI is the institution code of Sovifin Sim S.P.A., IT stands for Italy, 31 is the code for the city or region and 0MM is the code of the department Sovifin Sim S.P.A..
Do I need SVFIIT310MM to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need SVFIIT310MM.
How long does it take to send money to Sovifin Sim S.P.A. in Italy?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.