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Swift Code / BIC (Bank Identifier Code) Details for AEELITM1 and AEELITM1___

AEELITM1 is the swift code for Primary Office of ALE1 BV Bank in MILANO Italy. Since this swift code belongs to a primary office of the bank, it can have an optional branch code "___". This swift code belongs to a financial institution.

Swift Code is also known as SWIFT-BIC, BIC (Bank Identifier Code), or SWIFT ID.Bank Identifier Code or BIC for ALE1 BV is also AEELITM1 and AEELITM1___.

Swift Code / BIC (Bank Identifier Code)AEELITM1 Swift Code for primary office is generally formatted as 8 characters.
AEELITM1___ Swift Code for primary office can have optional ___ at the end.
BranchPrimary Office
Branch Code___ (Optional)
Postal Code
Type of institutionFinancial Institution

What is a SWIFT Code / BIC (Bank Identifier Code)

Swift Code is a unique identification code for a particular bank. It is a standard format for Business Identifier Codes (BICs, previously known as Bank Identifier Codes). It is technically used to identify banks and financial institutions globally distinctively - it says who and where they are. People use these codes to transfer money within banks for international wire transfers (the reason you're probably here looking up for info). SWIFT codes and BIC codes are same and the terms are interchangeable.

Parts of Swift Code AEELITM1 and AEELITM1___

Swift codes are usually formed of 8 (or) 11 characters.You can understand that a swift code or BIC refers to a primary office when it's formatted in an 8-digit code.The codes are arranged in the following manner:

AEEL IT M1 ___

4 Letter Bank Code2 Letter Country Code2 Letter Location Code3 Letter Branch Code
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