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SWIFT/BIC code BPMIITM1031

BPMIITM1031 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.

BPMIITM1031

Code details

SWIFT/BIC codeBPMIITM1031
8-character codeBPMIITM1
Branch code031
BankBanca Popolare di Milano S.P.A.
BranchMilano - AG. 31
CityMilano
CountryItaly

The way the Banca Popolare di Milano S.P.A. SWIFT/BIC works

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

BPMI 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.
031 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 bank is behind SWIFT code BPMIITM1031?

BPMIITM1031 is the SWIFT/BIC code of Milano - AG. 31, a unit of Banca Popolare di Milano S.P.A. in Milano, Italy. Use this branch code only when the account is held at this specific branch.

Do I need BPMIITM1031 to send euros to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need BPMIITM1031.

How long does it take to send money to Banca Popolare di Milano S.P.A. in Italy?

SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.

What do the letters in BPMIITM1031 mean?

BPMI is the bank code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the code for the city or region and 031 identifies the branch Milano - AG. 31.

What is the cheapest way to send money to Banca Popolare di Milano S.P.A. in Italy?

Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.

What happens if I use BPMIITM1031 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check BPMIITM1031 against the details from Banca Popolare di Milano S.P.A. before sending.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.