GoldexPay
Language: EN
English Nederlands Deutsch Français Español

SWIFT/BIC code BPMIITM1147

BPMIITM1147 belongs to Banca Popolare di Milano S.P.A. in Cesano Maderno, Italy.

BPMIITM1147

Code details

SWIFT/BIC codeBPMIITM1147
8-character codeBPMIITM1
Branch code147
BankBanca Popolare di Milano S.P.A.
BranchCesano Maderno
CityCesano Maderno
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.
147 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 BPMIITM1147?

BPMIITM1147 identifies Cesano Maderno, part of Banca Popolare di Milano S.P.A. in Cesano Maderno, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What does each part of BPMIITM1147 mean?

BPMI is the bank code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the location code and 147 identifies the department Cesano Maderno.

How long does a transfer to Banca Popolare di Milano S.P.A. take?

SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.

Do I need BPMIITM1147 to send euros to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need BPMIITM1147.

Can I use BPMIITM1 instead of BPMIITM1147?

BPMIITM1 is the main office of Banca Popolare di Milano S.P.A., while BPMIITM1147 points to Cesano Maderno. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention BPMIITM1147.

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 what you receive 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.