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SWIFT/BIC code BPMIITM1C87

BPMIITM1C87 belongs to Banca Popolare di Milano S.P.A. in Verbania, Italy.

BPMIITM1C87

Code details

SWIFT/BIC codeBPMIITM1C87
8-character codeBPMIITM1
Branch codeC87
BankBanca Popolare di Milano S.P.A.
BranchVerbania
CityVerbania
CountryItaly

The way 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.
C87 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 code BPMIITM1C87?

BPMIITM1C87 is the SWIFT/BIC code of Verbania, a unit of Banca Popolare di Milano S.P.A. in Verbania, Italy. Only use it if the recipient or their bank explicitly asks for it.

What do the letters in BPMIITM1C87 stand for?

BPMI is the institution code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the location code and C87 identifies the department Verbania.

What happens if I enter BPMIITM1C87 with a typo?

The payment may be delayed, returned or charged extra fees. Always check BPMIITM1C87 against the details from Banca Popolare di Milano S.P.A. before sending.

Can I use BPMIITM1 instead of BPMIITM1C87?

BPMIITM1 is the head office of Banca Popolare di Milano S.P.A., while BPMIITM1C87 points to Verbania. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention BPMIITM1C87.

Do I need BPMIITM1C87 for a euro transfer 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. If you send another currency you do need BPMIITM1C87.

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

Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.

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