SWIFT Code MOPCITM1 — MPS ASSET MANAGEMENT MTS, MILANO

About SWIFT Code MOPCITM1 — MPS ASSET MANAGEMENT MTS, MILANO

SWIFT code MOPCITM1 is the official 8-character head-office BIC (Bank Identifier Code) for MPS ASSET MANAGEMENT MTS in MILANO, Italy. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by MPS ASSET MANAGEMENT MTS for all outward international remittances from MILANO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MOPCITM1

The code MOPCITM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MOPCITM1

Receiving International Wire Transfers

To receive money from abroad at your MPS ASSET MANAGEMENT MTS account in MILANO, share SWIFT code MOPCITM1 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at MPS ASSET MANAGEMENT MTS, MILANO must provide SWIFT code MOPCITM1. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using MPS ASSET MANAGEMENT MTS in MILANO rely on SWIFT code MOPCITM1 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for MPS ASSET MANAGEMENT MTS →

For cheque clearing or NACH mandates, use the MICR code for MPS ASSET MANAGEMENT MTS →

For TDS challan deposits, find the BSR code for MPS ASSET MANAGEMENT MTS →

How SWIFT Code MOPCITM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code MOPCITM1 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to MPS ASSET MANAGEMENT MTS.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MPS ASSET MANAGEMENT MTS receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MOPCITM1

• Spaces or lowercase letters — Always enter MOPCITM1 uppercase with no spaces.
• Using the wrong city — This code is for MILANO only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Italy.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm MOPCITM1 directly with MPS ASSET MANAGEMENT MTS's MILANO branch or via the SWIFT BIC Directory.