About SWIFT Code SIMTITM1
SIMTITM1 identifies
Simcomit in Milano, Italy,
on the international SWIFT network. The code breaks down as: bank code
SIMT, country IT,
location M1, and branch
XXX (head office).
Use this code when receiving or sending an international wire transfer to Simcomit. 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 SIMTITM1?
SIMTITM1 belongs to Simcomit in Milano, Italy.
Is SIMTITM1 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.