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SWIFT/BIC code BPMIITM1405

BPMIITM1405 belongs to Banca Popolare di Milano S.P.A. in Lomagna, Italy.

BPMIITM1405

Code details

SWIFT/BIC codeBPMIITM1405
8-character codeBPMIITM1
Branch code405
BankBanca Popolare di Milano S.P.A.
BranchLomagna
CityLomagna
CountryItaly

How 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.
405 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 uses SWIFT/BIC code BPMIITM1405?

BPMIITM1405 is the SWIFT/BIC code of Lomagna, part of Banca Popolare di Milano S.P.A. in Lomagna, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

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. Transfers in other currencies can take 1–3 business days.

Do I need BPMIITM1405 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need BPMIITM1405.

What does each part of BPMIITM1405 mean?

BPMI is the bank code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the location code and 405 identifies the branch Lomagna.

What is the cheapest way to send money to Banca Popolare di Milano S.P.A. in Italy?

Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.

Can I use BPMIITM1 instead of BPMIITM1405?

BPMIITM1 points to the head office of Banca Popolare di Milano S.P.A., while BPMIITM1405 points to Lomagna. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention BPMIITM1405.

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