SWIFT/BIC code BPEMITM1XXX
BPEMITM1XXX belongs to BNP Paribas Asset Management Sgr S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | BPEMITM1XXX |
|---|---|
| 8-character code | BPEMITM1 |
| Branch code | XXX |
| Bank | BNP Paribas Asset Management Sgr S.P.A. |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the BNP Paribas Asset Management Sgr S.P.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BPEM Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution is behind BIC BPEMITM1XXX?
BPEMITM1XXX identifies the headquarters of BNP Paribas Asset Management Sgr S.P.A. in Milano, Italy. Use it when you send money to an account at BNP Paribas Asset Management Sgr S.P.A..
Does BNP Paribas Asset Management Sgr S.P.A. use a single SWIFT/BIC code?
Yes, BPEMITM1XXX is the only SWIFT/BIC code listed for BNP Paribas Asset Management Sgr S.P.A. in Italy, so you do not need to pick a branch code.
What do the letters in BPEMITM1XXX stand for?
BPEM is the institution code of BNP Paribas Asset Management Sgr S.P.A., IT is the ISO code of Italy, M1 is the code for the city or region and XXX means the head office.
How long does it take to send money to BNP Paribas Asset Management Sgr S.P.A. in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need BPEMITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need BPEMITM1XXX.
Is BPEMITM1 and BPEMITM1XXX the same SWIFT code?
Yes, they are. BPEMITM1 is the 8-character version of BPEMITM1XXX. XXX simply means head office, so both routes your payment to BNP Paribas Asset Management Sgr S.P.A. in Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.