SWIFT/BIC code BPMIITM1534
BPMIITM1534 belongs to Banca Popolare di Milano S.P.A. in Lacchiarella, Italy.
Code details
| SWIFT/BIC code | BPMIITM1534 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 534 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Lacchiarella |
| City | Lacchiarella |
| Country | Italy |
How the Banca Popolare di Milano S.P.A. SWIFT/BIC works
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.
- 534 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 BIC BPMIITM1534?
BPMIITM1534 identifies Lacchiarella, a unit of Banca Popolare di Milano S.P.A. in Lacchiarella, Italy. Only use it if the recipient or their bank explicitly asks for it.
How long does it take to send money to Banca Popolare di Milano S.P.A.?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.
Do I need BPMIITM1534 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need BPMIITM1534.
What do the letters in BPMIITM1534 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 534 is the code of the department Lacchiarella.
What is the best way to send money to Banca Popolare di Milano S.P.A. in Italy?
Banks often 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 – the difference can be large.
Can I use BPMIITM1 instead of BPMIITM1534?
BPMIITM1 points to the head office of Banca Popolare di Milano S.P.A., while BPMIITM1534 points to Lacchiarella. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention BPMIITM1534.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.