SWIFT/BIC code BPMIITM1586

BPMIITM1586 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.

BPMIITM1586

Code details

SWIFT/BIC codeBPMIITM1586
8-character codeBPMIITM1
Branch code586
BankBanca Popolare di Milano S.P.A.
BranchMilano - AG. 586
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.
586 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 SWIFT/BIC code BPMIITM1586?

The code BPMIITM1586 belongs to Milano - AG. 586, a unit 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 do the letters in BPMIITM1586 mean?

BPMI is the institution code of Banca Popolare di Milano S.P.A., IT is the ISO code of Italy, M1 is the location code and 586 identifies the department Milano - AG. 586.

Do I need BPMIITM1586 to send euros to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need BPMIITM1586.

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

SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 2–4 business days.

What happens if I use BPMIITM1586 with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check BPMIITM1586 against the details from Banca Popolare di Milano S.P.A. before sending.

Has Banca Popolare di Milano S.P.A. got more SWIFT/BIC codes?

Yes – our database contains 636 SWIFT/BIC codes for Banca Popolare di Milano S.P.A. in Italy, for the head office and several branches or departments. You can see them all on the bank page.

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