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BANCA IMI S.P.A., Milano - SWIFT/BIC Code

BANCA IMI S.P.A., MILANO - SWIFT Code Information
SWIFT Code / BIC CABOITMHITA
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Bank / Institution BANCA IMI S.P.A.
Branch Name (ITALIAN SECURITIES)
Address VIA A. BOITO 7
City MILANO
Postcode 20121
Country Italy
Connection Active


CABOITMHITA - SWIFT Code Breakdown
SWIFT Code CABOITMHITA
Bank Code CABO - code assigned to BANCA IMI S.P.A.
Country Code IT - code belongs to Italy
Location & Status MH - represents location, second digit 'H' means active code
Branch Code ITA - indicates this is a branch office
Head Office CABOITMH - primary office of BANCA IMI S.P.A., Italy


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What is a SWIFT Code?

A 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)

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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.