SWIFT/BIC code BPMIITM1045
BPMIITM1045 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | BPMIITM1045 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 045 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Piazzale Bausan |
| City | Milano |
| Country | Italy |
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.
- 045 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/BIC code BPMIITM1045?
The code BPMIITM1045 belongs to Piazzale Bausan, a branch or department of Banca Popolare di Milano S.P.A. in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I enter BPMIITM1045 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BPMIITM1045 against the details from Banca Popolare di Milano S.P.A. before sending.
What is the cheapest way to send money to Banca Popolare di Milano S.P.A. in Italy?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
What does each part of BPMIITM1045 mean?
BPMI is the institution code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the location code and 045 is the code of the branch Piazzale Bausan.
How long does a transfer to Banca Popolare di Milano S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Can I use BPMIITM1 instead of BPMIITM1045?
BPMIITM1 is the main office of Banca Popolare di Milano S.P.A., while BPMIITM1045 is Piazzale Bausan. For a normal transfer the head office code is usually fine, yet use BPMIITM1045 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.