CMPYITM2

COMPASS BANCA SPA SWIFT code details

Branch name

COMPASS BANCA SPA

Branch address

VIA CALDERA 20153

Branch code

CMPYITM2

Bank name

COMPASS BANCA SPA

City

MILANO

CMPYITM2
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What is a SWIFT/BIC Code?

A SWIFT code is an 8 to 11-character alphanumeric code that uniquely identifies a bank or financial institution in international transactions. It is assigned by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a Belgium-based network established in 1973 and used by over 11,000 banks in 200+ countries. BIC (Bank Identifier Code, ISO 9362) is simply the formal name for the same code — every SWIFT code is a BIC, and every BIC used for SWIFT messaging is a SWIFT code.

CMPY

Bank code

4 letters identifying the bank

IT

Country code

2 letters (ISO 3166-1)

M2

Location code

2 characters for city/region

XXX

Branch code

3 characters (XXX = head office)

SWIFT code vs IBAN what's the difference?

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ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

FAQs

What is the SWIFT code for COMPASS BANCA SPA?expand_more
The SWIFT code for COMPASS BANCA SPA is CMPYITM2. In this code, CMPY identifies the institution, IT is the country code for Italy, and M2 is the location identifier (MILANO). This 8-character code refers to the head office.
How do I send money to COMPASS BANCA SPA in Italy?expand_more
To send money to COMPASS BANCA SPA, provide the SWIFT code CMPYITM2 along with the recipient's account number to your sending bank. A standard SWIFT transfer to Italy typically takes 1–3 business days and may incur $15–$40 in intermediary fees. Alternatively, Alaan SuperPay can deliver funds same-day with zero transfer fees.
Does COMPASS BANCA SPA have branch-specific SWIFT codes?expand_more
No. COMPASS BANCA SPA uses a single SWIFT code (CMPYITM2) for all transactions. This bank does not have branch-level codes registered in the SWIFT network.
What currency does COMPASS BANCA SPA use for incoming transfers?expand_more
COMPASS BANCA SPA in Italy receives international transfers in Euro (EUR). When you send via SWIFT, the payment is typically converted to EUR by the receiving bank. SuperPay transfers are settled directly in EUR at competitive FX rates.
Is CMPYITM2 the correct SWIFT code for COMPASS BANCA SPA?expand_more
CMPYITM2 is the verified head office SWIFT code for COMPASS BANCA SPA in Italy. This code is valid for all transactions with COMPASS BANCA SPA. When in doubt, the 8-character head office code is generally accepted by the SWIFT network.

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