SWIFT/BIC code BPMIITM1230
BPMIITM1230 belongs to Banca Popolare di Milano S.P.A. in Torino, Italy.
Code details
| SWIFT/BIC code | BPMIITM1230 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 230 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | — |
| City | Torino |
| Country | Italy |
The way the Banca Popolare di Milano S.P.A. SWIFT/BIC is built up
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.
- 230 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 BPMIITM1230?
BPMIITM1230 is the SWIFT/BIC code of Banca Popolare di Milano S.P.A., part of Banca Popolare di Milano S.P.A. in Torino, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What do the letters in BPMIITM1230 stand for?
BPMI is the bank code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the code for the city or region and 230 is the code of the branch Banca Popolare di Milano S.P.A..
How long does it take to send money to Banca Popolare di Milano S.P.A. in Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Do I need BPMIITM1230 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need BPMIITM1230.
What is the cheapest way to send money to Banca Popolare di Milano S.P.A.?
Banks often 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.
Can I use BPMIITM1 instead of BPMIITM1230?
BPMIITM1 points to the main office of Banca Popolare di Milano S.P.A., while BPMIITM1230 is Banca Popolare di Milano S.P.A.. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention BPMIITM1230.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.