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SWIFT/BIC code BPMIITM1518

BPMIITM1518 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.

BPMIITM1518

Code details

SWIFT/BIC codeBPMIITM1518
8-character codeBPMIITM1
Branch code518
BankBanca Popolare di Milano S.P.A.
BranchMilano - AG. 518
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.
518 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 bank is behind SWIFT code BPMIITM1518?

BPMIITM1518 identifies Milano - AG. 518, part 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.

What happens if I use BPMIITM1518 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check BPMIITM1518 with the recipient before sending.

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. Compare what you receive in Euro with specialist providers before you send – the difference can be large.

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, instant payments within seconds. Payments in other currencies can take 2–4 business days.

Do I need BPMIITM1518 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need BPMIITM1518.

What do the letters in BPMIITM1518 mean?

BPMI is the institution code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the code for the city or region and 518 identifies the branch Milano - AG. 518.

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