SWIFT/BIC code BPMIITM1437
BPMIITM1437 belongs to Banca Popolare di Milano S.P.A. in Frascati, Italy.
Code details
| SWIFT/BIC code | BPMIITM1437 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 437 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Frascati |
| City | Frascati |
| Country | Italy |
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.
- 437 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 is behind BIC BPMIITM1437?
BPMIITM1437 identifies Frascati, a branch or department of Banca Popolare di Milano S.P.A. in Frascati, Italy. Only use it if the recipient or their bank explicitly asks for it.
Do I need BPMIITM1437 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need BPMIITM1437.
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.
What is the cheapest way to send money to Banca Popolare di Milano S.P.A.?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
What happens if I enter BPMIITM1437 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check BPMIITM1437 with the recipient before sending.
Can I use BPMIITM1 instead of BPMIITM1437?
BPMIITM1 is the main office of Banca Popolare di Milano S.P.A., while BPMIITM1437 is Frascati. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention BPMIITM1437.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.