Adviser-led bank
Banca Mediolanum: SWIFT code, ATMs and accounts for foreigners
Banca Mediolanum is a bank without traditional branches: customers deal with a personal adviser (a “Family Banker”) and bank online.
Key facts
Banca Mediolanum S.p.A.
- SWIFT / BIC
MEDBITMMor MEDBITMMXXX- ABI bank code
03062- Type
- Adviser-led bank
- Head office
- Basiglio (Milano 3)
- Founded
- 1997 as a bank; group roots in 1982
- Ownership
- Listed; controlled by the Doris family, with Fininvest a major shareholder
- Non-resident account
- Ask the branch
- Foreign-card ATM fee
- No own ATMs
- Official website
- bancamediolanum.it
About Banca Mediolanum
Banca Mediolanum was built around a network of advisers rather than high-street branches, and is based in Basiglio, just south of Milan. It focuses on savings, investments and mortgages as well as everyday accounts.
Because it has no branch and ATM network of its own, older “Mediolanum branches and ATMs” listings online are misleading. You meet Mediolanum through its advisers’ offices.
Banca Mediolanum SWIFT/BIC and ABI codes
Banca Mediolanum uses the SWIFT/BIC code MEDBITMM for its head office. When a form asks for 11 characters, add XXX to make MEDBITMMXXX. Some branches and services have their own 11-character codes; if the account holder gives you one, use theirs.
The ABI code 03062 identifies Banca Mediolanum inside every Italian IBAN. It sits in characters 6 to 10, straight after the check letter (CIN):
Illustration only, not a real account. Use the Italian IBAN checker to validate a real IBAN and see which bank it belongs to.
Using Banca Mediolanum ATMs with a foreign card
Banca Mediolanum has no ATM network of its own. Its cards work at other banks’ ATMs; check your plan for withdrawal charges.
For a full comparison of fees across Italian banks, see ATMs in Italy.
Opening a Banca Mediolanum account as a foreigner
Accounts are opened through an adviser or online and generally require Italian residency and a codice fiscale.
You will need a codice fiscale first. Our guide to opening a bank account in Italy lists the documents and steps.
Banca Mediolanum: common questions
What is Banca Mediolanum’s SWIFT code?
Banca Mediolanum’s SWIFT/BIC code is MEDBITMM (MEDBITMMXXX), and its ABI code is 03062.
Does Banca Mediolanum have branches?
Banca Mediolanum does not run a traditional branch network. Customers work with personal advisers called Family Bankers and use online banking.
Sources and fact-checking
Checked on 2 November 2026 by Ionut Popea following our editorial policy. Fees, codes and rules change; confirm anything important with the bank or authority before acting.