SWIFT/BIC code BPMIITM1174
BPMIITM1174 belongs to Banca Popolare di Milano S.P.A. in Gerenzano, Italy.
Code details
| SWIFT/BIC code | BPMIITM1174 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 174 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Gerenzano |
| City | Gerenzano |
| 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.
- 174 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/BIC code BPMIITM1174?
The code BPMIITM1174 belongs to Gerenzano, part of Banca Popolare di Milano S.P.A. in Gerenzano, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use BPMIITM1174 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check BPMIITM1174 with the recipient before you confirm.
What does each part of BPMIITM1174 stand for?
BPMI is the bank code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the location code and 174 is the code of the department Gerenzano.
What is the cheapest way to send money to Banca Popolare di Milano S.P.A.?
Banks often add 1–3% 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.
How long does it take to send money to Banca Popolare di Milano S.P.A. in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need BPMIITM1174 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need BPMIITM1174.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.