SWIFT/BIC code BPMIITM1517
BPMIITM1517 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.
Code details
| SWIFT/BIC code | BPMIITM1517 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 517 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Milano - AG. 517 |
| City | Milano |
| 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.
- 517 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 BPMIITM1517?
BPMIITM1517 identifies Milano - AG. 517, a branch or department of Banca Popolare di Milano S.P.A. in Milano, Italy. Only use it if the account is held at this specific branch.
Do I need BPMIITM1517 to send euros 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 still need BPMIITM1517.
How long does it take to send money to Banca Popolare di Milano S.P.A. in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 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 use BPMIITM1517 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BPMIITM1517 with the recipient before sending.
Can I use BPMIITM1 instead of BPMIITM1517?
BPMIITM1 points to the head office of Banca Popolare di Milano S.P.A., while BPMIITM1517 is Milano - AG. 517. Most international transfers work with the head office code, but use BPMIITM1517 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.