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SWIFT/BIC code BPMIITM1205

BPMIITM1205 belongs to Banca Popolare di Milano S.P.A. in Bologna, Italy.

BPMIITM1205

Code details

SWIFT/BIC codeBPMIITM1205
8-character codeBPMIITM1
Branch code205
BankBanca Popolare di Milano S.P.A.
BranchBologna - AG. 5
CityBologna
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.
205 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 uses SWIFT code BPMIITM1205?

The code BPMIITM1205 belongs to Bologna - AG. 5, a branch or department of Banca Popolare di Milano S.P.A. in Bologna, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What do the letters in BPMIITM1205 mean?

BPMI is the bank code of Banca Popolare di Milano S.P.A., IT is the ISO code of Italy, M1 is the location code and 205 identifies the department Bologna - AG. 5.

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, instant payments within seconds. Transfers in other currencies can take 1–3 business days.

Do I need BPMIITM1205 for a euro transfer to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need BPMIITM1205.

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. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.

What happens if I enter BPMIITM1205 incorrectly?

The payment may be delayed, returned or charged extra fees. Always check BPMIITM1205 with the recipient before sending.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.