SWIFT/BIC code BPMIITM1541
BPMIITM1541 belongs to Banca Popolare di Milano S.P.A. in Pioltello, Italy.
Code details
| SWIFT/BIC code | BPMIITM1541 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | 541 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Pioltello |
| City | Pioltello |
| 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.
- 541 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 is behind SWIFT/BIC code BPMIITM1541?
BPMIITM1541 is the SWIFT/BIC code of Pioltello, a unit of Banca Popolare di Milano S.P.A. in Pioltello, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the best 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 the amount that arrives in Euro with transfer services before you send – the difference can be large.
What happens if I use BPMIITM1541 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check BPMIITM1541 with the recipient before sending.
What do the letters in BPMIITM1541 stand for?
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 541 is the code of the branch Pioltello.
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, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need BPMIITM1541 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need BPMIITM1541.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.