SWIFT/BIC code BPMIITM1505
BPMIITM1505 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | BPMIITM1505 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 505 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Milano - AG. 505 |
| City | Milano |
| Country | Italy |
How the Banca Popolare di Milano S.P.A. SWIFT/BIC is structured
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.
- 505 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 BIC BPMIITM1505?
BPMIITM1505 is the SWIFT/BIC code of Milano - AG. 505, part of Banca Popolare di Milano S.P.A. in Milano, Italy. Only use it if the account is held at this specific branch.
What happens if I use BPMIITM1505 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check BPMIITM1505 with the recipient before sending.
How long does a transfer to Banca Popolare di Milano S.P.A. take in Italy?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Do I need BPMIITM1505 to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need BPMIITM1505.
Can I use BPMIITM1 instead of BPMIITM1505?
BPMIITM1 points to the main office of Banca Popolare di Milano S.P.A., while BPMIITM1505 points to Milano - AG. 505. Most international transfers work with the head office code, but use BPMIITM1505 if the recipient asks for it.
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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.