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SWIFT/BIC code BPMIITM1723

BPMIITM1723 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.

BPMIITM1723

Code details

SWIFT/BIC codeBPMIITM1723
8-character codeBPMIITM1
Branch code723
BankBanca Popolare di Milano S.P.A.
BranchAmministrazione e Contabilita e Fornitori
CityMilano
CountryItaly

The way the Banca Popolare di Milano S.P.A. SWIFT/BIC is structured

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.
723 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 BPMIITM1723?

BPMIITM1723 identifies Amministrazione e Contabilita e Fornitori, a unit of Banca Popolare di Milano S.P.A. in Milano, 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 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.

How long does it take to send money to Banca Popolare di Milano S.P.A. in Italy?

SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.

Do I need BPMIITM1723 to send euros to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need BPMIITM1723.

What do the letters in BPMIITM1723 mean?

BPMI is the bank code of Banca Popolare di Milano S.P.A., IT is the ISO code of Italy, M1 is the location code and 723 identifies the branch Amministrazione e Contabilita e Fornitori.

What happens if I use BPMIITM1723 incorrectly?

The payment may be delayed, returned or charged extra fees. Always check BPMIITM1723 with the recipient before sending.

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