About SWIFT Code AEELITM1
AEELITM1 identifies
Ale1 Bv in Milano, Italy,
on the international SWIFT network. The code breaks down as: bank code
AEEL, country IT,
location M1, and branch
XXX (head office).
Use this code when receiving or sending an international wire transfer to Ale1 Bv. You will usually also need the recipient's account number or IBAN. Learn how SWIFT codes work →
Always confirm the SWIFT code with the receiving bank before transferring money - codes can change and branch codes vary by account type.
Frequently Asked Questions
What bank uses SWIFT code AEELITM1?
AEELITM1 belongs to Ale1 Bv in Milano, Italy.
Is AEELITM1 valid for international transfers?
Yes - it's a valid 8-character BIC. Pair it with the recipient's account number or IBAN, and confirm with the bank before wiring money.
What's the difference between an 8 and 11 character code?
8-character codes identify the bank's head office; 11-character codes add a 3-character branch identifier. If no branch code is given, "XXX" (head office) is assumed.