Is SIMBITM1 a valid SWIFT code?

Yes, SIMBITM1 is a valid 8-character SWIFT/BIC code: bank code SIMB, country IT, location M1, branch XXX. Always confirm with the receiving bank before sending a transfer.

What do I need besides the SWIFT code for an international transfer?

Typically the recipient's full name and address, their account number or IBAN, the bank's name and address, and the SWIFT/BIC code SIMBITM1. Some countries also require a purpose-of-payment code.

SIMBITM1 - Bai Sim SWIFT Code, Milano, Italy

Q: What bank uses SWIFT code SIMBITM1?

SIMBITM1 is the SWIFT/BIC code of Bai Sim located in Milano, Italy.

About SWIFT Code SIMBITM1

SIMBITM1 identifies Bai Sim in Milano, Italy, on the international SWIFT network. The code breaks down as: bank code SIMB, country IT, location M1, and branch XXX (head office).

Use this code when receiving or sending an international wire transfer to Bai Sim. 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 SIMBITM1?

SIMBITM1 belongs to Bai Sim in Milano, Italy.

Is SIMBITM1 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.

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