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SWIFT/BIC code BPMIITM1051

BPMIITM1051 belongs to Banca Popolare di Milano S.P.A. in Segrate, Italy.

BPMIITM1051

Code details

SWIFT/BIC codeBPMIITM1051
8-character codeBPMIITM1
Branch code051
BankBanca Popolare di Milano S.P.A.
BranchSegrate
CitySegrate
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.
051 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 BIC BPMIITM1051?

BPMIITM1051 identifies Segrate, a branch or department of Banca Popolare di Milano S.P.A. in Segrate, Italy. Only use it if the recipient or their bank explicitly asks for it.

What does each part of BPMIITM1051 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 051 is the code of the department Segrate.

What happens if I use BPMIITM1051 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check BPMIITM1051 against the details from Banca Popolare di Milano S.P.A. before sending.

Can I use BPMIITM1 instead of BPMIITM1051?

BPMIITM1 points to the main office of Banca Popolare di Milano S.P.A., while BPMIITM1051 points to Segrate. Most international transfers work with the head office code, yet use BPMIITM1051 if the recipient asks for it.

Do I need BPMIITM1051 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need BPMIITM1051.

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. 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.