SWIFT/BIC code BPMIITM1039
BPMIITM1039 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | BPMIITM1039 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 039 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Milano - AG. 39 |
| City | Milano |
| Country | Italy |
How the Banca Popolare di Milano S.P.A. SWIFT/BIC is structured
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.
- 039 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 BIC BPMIITM1039?
The code BPMIITM1039 belongs to Milano - AG. 39, a branch or department of Banca Popolare di Milano S.P.A. in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Can I use BPMIITM1 instead of BPMIITM1039?
BPMIITM1 points to the main office of Banca Popolare di Milano S.P.A., while BPMIITM1039 points to Milano - AG. 39. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention BPMIITM1039.
What happens if I enter BPMIITM1039 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BPMIITM1039 with the recipient before sending.
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 what you receive in Euro with transfer services before you send – the difference can be large.
Do I need BPMIITM1039 to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need BPMIITM1039.
How long does it take to send money to Banca Popolare di Milano S.P.A.?
SEPA payments in euros 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.