SWIFT/BIC code BPMIITM1A03
BPMIITM1A03 belongs to Banca Popolare di Milano S.P.A. in Roma, Italy.
Code details
| SWIFT/BIC code | BPMIITM1A03 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | A03 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Montagnola |
| City | Roma |
| Country | Italy |
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.
- A03 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 SWIFT/BIC code BPMIITM1A03?
BPMIITM1A03 identifies Montagnola, part of Banca Popolare di Milano S.P.A. in Roma, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use BPMIITM1A03 with a typo?
The payment may be delayed, returned or charged extra fees. Always check BPMIITM1A03 with the recipient before you confirm.
What do the letters in BPMIITM1A03 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 A03 identifies the branch Montagnola.
Can I use BPMIITM1 instead of BPMIITM1A03?
BPMIITM1 points to the head office of Banca Popolare di Milano S.P.A., while BPMIITM1A03 is Montagnola. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention BPMIITM1A03.
Do I need BPMIITM1A03 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need BPMIITM1A03.
How long does a transfer to Banca Popolare di Milano S.P.A. take in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.