BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED, MILAN BRANCH, MILANO - SWIFT/BIC Code

BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED, MILAN BRANCH, MILANO - SWIFT Code Information

SWIFT Code / BIC
BOFAIT2XMIL
Bank / Institution
BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED, MILAN BRANCH
Address
10 CORSO MATTEOTTI
City
MILANO
Postcode
20121
Country
Italy
Connection
Active
BOFAIT2XMIL - SWIFT Code Breakdown
SWIFT Code
BOFAIT2X or BOFAIT2XMIL
Bank Code
BOFA - code assigned to BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED, MILAN BRANCH
Country Code
IT - code belongs to Italy
Location & Status
2X - represents location, second digit means active code
Branch Code
MIL or not assigned, indicating this is a head office
Head Office
BOFAIT2X - primary office of BANK OF AMERICA MERRILL LYNCH INTERNATIONAL LIMITED, MILAN BRANCH, Italy

What is a SWIFT Code BOFAIT2XMIL?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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