SWIFT/BIC code BPMIITM1402
BPMIITM1402 belongs to Banca Popolare di Milano S.P.A. in Calco, Italy.
Code details
| SWIFT/BIC code | BPMIITM1402 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 402 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Calco |
| City | Calco |
| 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.
- 402 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 branch is behind SWIFT/BIC code BPMIITM1402?
The code BPMIITM1402 belongs to Calco, part of Banca Popolare di Milano S.P.A. in Calco, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the best way to send money to Banca Popolare di Milano S.P.A. in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
Do I need BPMIITM1402 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. For other currencies you still need BPMIITM1402.
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. Transfers in other currencies can take 2–4 business days.
Can I use BPMIITM1 instead of BPMIITM1402?
BPMIITM1 points to the main office of Banca Popolare di Milano S.P.A., while BPMIITM1402 is Calco. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention BPMIITM1402.
What does each part of BPMIITM1402 stand for?
BPMI is the institution code of Banca Popolare di Milano S.P.A., IT is the ISO code of Italy, M1 is the location code and 402 is the code of the department Calco.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.