BANCO SANTANDER, S.A. MILANO BRANCH, MILANO - SWIFT/BIC Code

BANCO SANTANDER, S.A. MILANO BRANCH, MILANO - SWIFT Code Information

SWIFT Code / BIC
BSCHITMM
Bank / Institution
BANCO SANTANDER, S.A. MILANO BRANCH
Address
VIA ARRIGO BOITO, 10, FLOOR 1
City
MILANO
Postcode
20121
Country
Italy
Connection
Active
BSCHITMM - SWIFT Code Breakdown
SWIFT Code
BSCHITMM or BSCHITMMXXX
Bank Code
BSCH - code assigned to BANCO SANTANDER, S.A. MILANO BRANCH
Country Code
IT - code belongs to Italy
Location & Status
MM - represents location, second digit means active code
Branch Code
XXX or not assigned, indicating this is a head office

What is a SWIFT Code BSCHITMM?

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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