SWIFT/BIC code BPMIITM1401
BPMIITM1401 belongs to Banca Popolare di Milano S.P.A. in Merate, Italy.
Code details
| SWIFT/BIC code | BPMIITM1401 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 401 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | — |
| City | Merate |
| 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.
- 401 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/BIC code BPMIITM1401?
BPMIITM1401 identifies Banca Popolare di Milano S.P.A., part of Banca Popolare di Milano S.P.A. in Merate, Italy. Only use it if the account is held at this specific branch.
Can I use BPMIITM1 instead of BPMIITM1401?
BPMIITM1 is the head office of Banca Popolare di Milano S.P.A., while BPMIITM1401 is Banca Popolare di Milano S.P.A.. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention BPMIITM1401.
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 what you receive in Euro with transfer services before you send.
What happens if I use BPMIITM1401 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check BPMIITM1401 with the recipient before you confirm.
How long does a transfer to Banca Popolare di Milano S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need BPMIITM1401 for a euro transfer 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. For other currencies you still need BPMIITM1401.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.