Fideuram Intesa Sanpaolo Private Banking SWIFT/BIC code

FIBKITMM – the SWIFT/BIC code of Fideuram Intesa Sanpaolo Private Banking

FIBKITMM and FIBKITMMXXX are two spellings of the same bank identifier, and both point to Fideuram Intesa Sanpaolo Private Banking in Milano. A SWIFT code tells the sending bank which institution should receive the money, much like a postcode for banks. In practice you mostly see it on international invoices, in payment forms and on the account details of Fideuram Intesa Sanpaolo Private Banking customers.

We wrote this page to help people who sends money to an account at Fideuram Intesa Sanpaolo Private Banking without mistakes. The SWIFT code alone cannot identify a personal account; that is what the account number or IBAN .

What to give a sender who pays you at Fideuram Intesa Sanpaolo Private Banking

If you are waiting for a payment from another country, send the payer a complete set of details. That means: your full name as registered with Fideuram Intesa Sanpaolo Private Banking, your account number or IBAN, the BIC FIBKITMMXXX (or FIBKITMM) and, often, your postal address.

It helps to add the bank name and Milano as well, since some forms ask for it. Double-check each detail before you send them.

The amount you receive can be lower than the amount sent. Charges on incoming payments vary from bank to bank – the price list of Fideuram Intesa Sanpaolo Private Banking tells you what applies. Agree with the sender who covers the fees, especially for larger amounts.

Where our SWIFT data comes from

Our SWIFT/BIC directory draws on publicly available sources. Institutions merge, close branches and change codes. Counts and locations are from our directory.

Use this page as a starting point, not as the last word – the bank details from the recipient are leading. We are an independent comparison site for money transfers and not affiliated with Fideuram Intesa Sanpaolo Private Banking. If you notice something that is out of date, we appreciate a short note.

How to check FIBKITMM before you pay

The most reliable place for the right code is a document from the bank itself. Compare that code against FIBKITMM here.

Errors in the SWIFT code are annoying more than disastrous: often the payment comes back, minus fees. An error in the IBAN or account number is more serious, so check that just as carefully.

A format check in your banking app only confirms that the code is valid. More and more banks compare the payee name against the account before you confirm – do not ignore a mismatch warning. When you pay someone new, many people start with a small amount first before sending the rest.

International transfers from Fideuram Intesa Sanpaolo Private Banking: the real cost

What you pay for a payment abroad has more than one component. On top of the transfer fee, correspondent or intermediary banks can deduct a fee, and if currencies are converted the bank usually applies a rate below the actual market rate.

Most of the cost usually sits in the exchange rate, not in the fee: many banks convert using an exchange rate with a margin built in. Compare the rate you are offered with the mid-market rate.

For many routes, a specialist provider turns out to be less expensive than a traditional bank transfer, mainly because of the exchange rate. Before your next transfer, take a minute to compare what arrives via GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not mean closing your account at Fideuram Intesa Sanpaolo Private Banking.

FIBKITMM or FIBKITMMXXX – which one to use?

Every SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. In this case, that core is FIBKITMM.

Many payment forms work with both lengths. If a form requires eleven characters, enter FIBKITMMXXX.

Leave out spaces or dashes when you enter FIBKITMM. A single letter may route a payment to a different institution.

SEPA payments and the Fideuram Intesa Sanpaolo Private Banking BIC

Italy belongs to the SEPA area, where euro transfers follow common rules. For a standard euro transfer from another SEPA country, you normally only need the IBAN; many banks no longer ask for the BIC.

You will still need FIBKITMMXXX when sending payments in other currencies or money from outside the SEPA area. Some banks and apps also ask for the BIC; if so, enter FIBKITMM.

Instant euro transfers have become increasingly supported across SEPA – whether Fideuram Intesa Sanpaolo Private Banking offers them for your account is worth checking. Charges on SEPA payments tend to be low as long as everything stays in euros.

When will the money arrive at Fideuram Intesa Sanpaolo Private Banking?

How quickly a transfer arrives at Fideuram Intesa Sanpaolo Private Banking is determined by a few things: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Bank holidays in the sending or receiving country can add a day or more, since banks do not process on those days. Occasionally a bank asks what the payment is for before releasing it.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer gets a unique reference, the UETR that banks can use to trace it. Save your transfer receipt until the money has arrived – you will need it for any trace request.

A missing payment is traced by the sending bank on the basis of the transfer details. As a recipient, it helps to look at your statements for a slightly lower amount, since fees may have been deducted.

Head office or branch code at Fideuram Intesa Sanpaolo Private Banking?

Fideuram Intesa Sanpaolo Private Banking has 12 different SWIFT/BIC codes. One of them is the head office code, FIBKITMMXXX; the rest belong to branches, and sometimes internal departments.

Usually you do not need to look up a branch: payments sent to FIBKITMMXXX reach Fideuram Intesa Sanpaolo Private Banking correctly. A branch code only makes sense if the recipient’s bank specifically asks for it.

Unsure which code applies? Check with the recipient or the bank itself. Branch codes are more likely to change than the head office code.

Changed bank details? Be careful

A common scam works like this: an email arrives with a message saying that a company now has new bank details and asking you to pay there from now on. A correct SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Check changed payment details via a separate channel like a call to a number from an earlier contract, never via the email that asked for the change. Pressure and requests to keep it quiet are red flags. When money was sent to the wrong account, call your bank right away – speed improves the chance of getting it back.

People receiving money are targeted too: a classic trick is an overpayment followed by a request to refund the difference to another account. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

The Euro and what conversion costs you

Italy uses the Euro, with the currency code EUR. When you pay money in a different currency it gets converted somewhere along the way. Every conversion costs something – usually through the rate rather than a fee.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. In many cases it is cheaper to send EUR straight away through a transfer service that converts near the mid-market rate.

The rate for EUR fluctuates throughout the day, so the amount you see is usually only valid for a short time. On larger amounts, even small difference in the rate adds up quickly.