SWIFT/BIC code BPMIITM1055
BPMIITM1055 belongs to Banca Popolare di Milano S.P.A. in Peschiera Borromeo, Italy.
Code details
| SWIFT/BIC code | BPMIITM1055 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 055 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Peschiera Borromeo |
| City | Peschiera Borromeo |
| Country | Italy |
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.
- 055 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 uses SWIFT code BPMIITM1055?
BPMIITM1055 identifies Peschiera Borromeo, part of Banca Popolare di Milano S.P.A. in Peschiera Borromeo, Italy. Use this branch code only when the account is held at this specific branch.
Do I need BPMIITM1055 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need BPMIITM1055.
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. Transfers in other currencies can take 2–4 business days.
Can I use BPMIITM1 instead of BPMIITM1055?
BPMIITM1 is the head office of Banca Popolare di Milano S.P.A., while BPMIITM1055 is Peschiera Borromeo. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention BPMIITM1055.
Does Banca Popolare di Milano S.P.A. have more SWIFT/BIC codes?
Yes, we list 636 SWIFT/BIC codes for Banca Popolare di Milano S.P.A. in Italy. You can see them all on the bank page.
What is the cheapest way to send money to Banca Popolare di Milano S.P.A. in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.