SWIFT/BIC code BPMIITM1D56
BPMIITM1D56 belongs to Banca Popolare di Milano S.P.A. in Frugarolo, Italy.
Code details
| SWIFT/BIC code | BPMIITM1D56 |
|---|---|
| 8-character code | BPMIITM1 |
| Branch code | D56 |
| Bank | Banca Popolare di Milano S.P.A. |
| Branch | Frugarolo |
| City | Frugarolo |
| Country | Italy |
How 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.
- D56 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 uses SWIFT code BPMIITM1D56?
BPMIITM1D56 identifies Frugarolo, part of Banca Popolare di Milano S.P.A. in Frugarolo, Italy. Use this branch code only when the account is held at this specific branch.
What is the cheapest way to send money to Banca Popolare di Milano S.P.A.?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
What do the letters in BPMIITM1D56 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 D56 identifies the department Frugarolo.
Can I use BPMIITM1 instead of BPMIITM1D56?
BPMIITM1 is the head office of Banca Popolare di Milano S.P.A., while BPMIITM1D56 points to Frugarolo. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention BPMIITM1D56.
Do I need BPMIITM1D56 for a euro transfer 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 BPMIITM1D56.
How long does a transfer to Banca Popolare di Milano S.P.A. take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers 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.