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SWIFT/BIC code BPMIITM1984

BPMIITM1984 belongs to Banca Popolare di Milano S.P.A. in Milano, Italy.

BPMIITM1984

Code details

SWIFT/BIC codeBPMIITM1984
8-character codeBPMIITM1
Branch code984
BankBanca Popolare di Milano S.P.A.
BranchWelfare
CityMilano
CountryItaly

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.
984 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 BIC BPMIITM1984?

BPMIITM1984 identifies Welfare, a unit of Banca Popolare di Milano S.P.A. in Milano, Italy. Only use it if the account is held at this specific branch.

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

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

Do I need BPMIITM1984 to send euros to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need BPMIITM1984.

What happens if I enter BPMIITM1984 incorrectly?

The payment may be delayed, returned or charged extra fees. Always check BPMIITM1984 with the recipient before sending.

What is the cheapest 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 – the difference can be large.

What does each part of BPMIITM1984 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 984 identifies the department Welfare.

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