About SWIFT Code MELYITM1

MELYITM1 identifies Merrill Lynch International Bank Limited in Milano, Italy, on the international SWIFT network. The code breaks down as: bank code MELY, country IT, location M1, and branch XXX (head office).

Use this code when receiving or sending an international wire transfer to Merrill Lynch International Bank Limited. 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 MELYITM1?

MELYITM1 belongs to Merrill Lynch International Bank Limited in Milano, Italy.

Is MELYITM1 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.