SWIFT/BIC code BPMIITM1161
BPMIITM1161 belongs to Banca Popolare di Milano S.P.A. in Magenta, Italy.
Code details
| SWIFT/BIC code | BPMIITM1161 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 161 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | — |
| City | Magenta |
| 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.
- 161 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 is behind SWIFT/BIC code BPMIITM1161?
BPMIITM1161 is the SWIFT/BIC code of Banca Popolare di Milano S.P.A., a unit of Banca Popolare di Milano S.P.A. in Magenta, Italy. Only use it if the recipient or their bank explicitly asks for it.
How long does it take to send money to Banca Popolare di Milano S.P.A.?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need BPMIITM1161 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need BPMIITM1161.
Can I use BPMIITM1 instead of BPMIITM1161?
BPMIITM1 points to the main office of Banca Popolare di Milano S.P.A., while BPMIITM1161 is Banca Popolare di Milano S.P.A.. Most international transfers work with the head office code, but use BPMIITM1161 if the recipient asks for it.
What is the best 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. Check the amount that arrives in Euro with transfer services before you send.
Has Banca Popolare di Milano S.P.A. got 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.