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SWIFT/BIC code BPMIITM1512

BPMIITM1512 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.

BPMIITM1512

Code details

SWIFT/BIC codeBPMIITM1512
8-character codeBPMIITM1
Branch code512
BankBanca Popolare di Milano S.P.A.
BranchMilano - AG. 512
CityMilano
CountryItaly

The way 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.
512 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 uses SWIFT/BIC code BPMIITM1512?

BPMIITM1512 identifies Milano - AG. 512, a branch or department of Banca Popolare di Milano S.P.A. in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

How long does a transfer to Banca Popolare di Milano S.P.A. take in Italy?

Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.

Do I need BPMIITM1512 for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need BPMIITM1512.

Can I use BPMIITM1 instead of BPMIITM1512?

BPMIITM1 is the main office of Banca Popolare di Milano S.P.A., while BPMIITM1512 points to Milano - AG. 512. Most international transfers work with the head office code, yet use BPMIITM1512 if the recipient asks for it.

What does each part of BPMIITM1512 mean?

BPMI is the bank code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the code for the city or region and 512 is the code of the department Milano - AG. 512.

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

Banks often add 1–3% to the exchange rate on top of a fee. Compare 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.