SWIFT/BIC code WEBNITM1XXX
WEBNITM1XXX belongs to Banca Popolare di Milano S.c.a.r.l. (Formerly Webank SPA) in Milano, Italy.
Code details
| SWIFT/BIC code | WEBNITM1XXX |
|---|---|
| 8-character code | WEBNITM1 |
| Branch code | XXX |
| Bank | Banca Popolare di Milano S.c.a.r.l. (Formerly Webank SPA) |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Banca Popolare di Milano S.c.a.r.l. (Formerly Webank SPA) SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- WEBN 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 is behind SWIFT/BIC code WEBNITM1XXX?
WEBNITM1XXX is the SWIFT/BIC code of the main office of Banca Popolare di Milano S.c.a.r.l. (Formerly Webank SPA) in Milano, Italy. Use it when a payment to Banca Popolare di Milano S.c.a.r.l. (Formerly Webank SPA) does not need a specific branch.
Are WEBNITM1 and WEBNITM1XXX the same code?
Yes. WEBNITM1 is the short version of WEBNITM1XXX. XXX simply means head office, so either version routes your payment to Banca Popolare di Milano S.c.a.r.l. (Formerly Webank SPA) in Milano.
Do I need WEBNITM1XXX to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need WEBNITM1XXX.
How long does a transfer to Banca Popolare di Milano S.c.a.r.l. (Formerly Webank SPA) take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
What is the cheapest way to send money to Banca Popolare di Milano S.c.a.r.l. (Formerly Webank SPA)?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
What happens if I use WEBNITM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check WEBNITM1XXX against the details from Banca Popolare di Milano S.c.a.r.l. (Formerly Webank SPA) before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.