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SWIFT/BIC code BPMIITM1038

BPMIITM1038 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.

BPMIITM1038

Code details

SWIFT/BIC codeBPMIITM1038
8-character codeBPMIITM1
Branch code038
BankBanca Popolare di Milano S.P.A.
BranchMilano - AG. 38
CityMilano
CountryItaly

How 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.
038 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

What bank uses SWIFT/BIC code BPMIITM1038?

The code BPMIITM1038 belongs to Milano - AG. 38, part 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.

What happens if I use BPMIITM1038 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check BPMIITM1038 against the details from Banca Popolare di Milano S.P.A. before sending.

What does each part of BPMIITM1038 stand for?

BPMI is the institution code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the location code and 038 is the code of the branch Milano - AG. 38.

Can I use BPMIITM1 instead of BPMIITM1038?

BPMIITM1 points to the main office of Banca Popolare di Milano S.P.A., while BPMIITM1038 is Milano - AG. 38. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention BPMIITM1038.

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

Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.

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

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.

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