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SWIFT/BIC code BPMIITM1128

BPMIITM1128 belongs to Banca Popolare di Milano S.P.A. in Usmate Velate, Italy.

BPMIITM1128

Code details

SWIFT/BIC codeBPMIITM1128
8-character codeBPMIITM1
Branch code128
BankBanca Popolare di Milano S.P.A.
BranchUsmate
CityUsmate Velate
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.
128 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 code BPMIITM1128?

BPMIITM1128 is the SWIFT/BIC code of Usmate, a branch or department of Banca Popolare di Milano S.P.A. in Usmate Velate, Italy. Only use it if the recipient or their bank explicitly asks for it.

What happens if I use BPMIITM1128 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check BPMIITM1128 against the details from Banca Popolare di Milano S.P.A. before sending.

What do the letters in BPMIITM1128 mean?

BPMI is the institution code of Banca Popolare di Milano S.P.A., IT is the ISO code of Italy, M1 is the location code and 128 identifies the branch Usmate.

What is the best 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 – the difference can be large.

Do I need BPMIITM1128 to send euros to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need BPMIITM1128.

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. 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.