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SWIFT/BIC code BPMIITM1506

BPMIITM1506 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.

BPMIITM1506

Code details

SWIFT/BIC codeBPMIITM1506
8-character codeBPMIITM1
Branch code506
BankBanca Popolare di Milano S.P.A.
BranchMilano - AG. 506
CityMilano
CountryItaly

The way 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.
506 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 BIC BPMIITM1506?

BPMIITM1506 identifies Milano - AG. 506, a branch or department of Banca Popolare di Milano S.P.A. in Milano, Italy. Use this branch code only when the account is held at this specific branch.

Do I need BPMIITM1506 for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need BPMIITM1506.

How long does it take to send money to Banca Popolare di Milano S.P.A.?

SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.

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 the amount that arrives in Euro with transfer services before you send – the difference can be large.

What happens if I enter BPMIITM1506 with a typo?

The payment may be delayed, returned or charged extra fees. Double-check BPMIITM1506 with the recipient before you confirm.

Can I use BPMIITM1 instead of BPMIITM1506?

BPMIITM1 is the head office of Banca Popolare di Milano S.P.A., while BPMIITM1506 points to Milano - AG. 506. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention BPMIITM1506.

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