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SWIFT/BIC code BPMIITM1E18

BPMIITM1E18 belongs to Banca Popolare di Milano S.P.A. in Settimo Torinese, Italy.

BPMIITM1E18

Code details

SWIFT/BIC codeBPMIITM1E18
8-character codeBPMIITM1
Branch codeE18
BankBanca Popolare di Milano S.P.A.
BranchSettimo Torinese
CitySettimo Torinese
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.
E18 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 BPMIITM1E18?

BPMIITM1E18 identifies Settimo Torinese, a branch or department of Banca Popolare di Milano S.P.A. in Settimo Torinese, Italy. Only use it if the account is held at this specific branch.

Do I need BPMIITM1E18 to send euros to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need BPMIITM1E18.

How long does a transfer to Banca Popolare di Milano S.P.A. take in Italy?

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

Can I use BPMIITM1 instead of BPMIITM1E18?

BPMIITM1 is the head office of Banca Popolare di Milano S.P.A., while BPMIITM1E18 points to Settimo Torinese. For a normal transfer the head office code is usually fine, but use BPMIITM1E18 if the recipient asks for it.

What do the letters in BPMIITM1E18 stand for?

BPMI is the institution code of Banca Popolare di Milano S.P.A., IT stands for Italy, M1 is the code for the city or region and E18 identifies the branch Settimo Torinese.

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 what you receive in Euro with transfer services before you send – the difference can be large.

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