SWIFT/BIC code PARBITM1202
PARBITM1202 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITM1202 |
|---|---|
| 8-character code | PARBITM1 |
| Branch code | 202 |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Milano |
| City | Milano |
| Country | Italy |
The way the BNP Paribas Securities Services, Italy SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PARB 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.
- 202 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 BIC PARBITM1202?
PARBITM1202 is the SWIFT/BIC code of Milano, part of BNP Paribas Securities Services, Italy in Milano, Italy. Use this branch code only when the account is held at this specific branch.
How long does a transfer to BNP Paribas Securities Services, Italy 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.
Do I need PARBITM1202 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need PARBITM1202.
What is the best way to send money to BNP Paribas Securities Services, Italy in Italy?
Banks often add several percent 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 happens if I enter PARBITM1202 with a typo?
The payment may be delayed, returned or charged extra fees. Always check PARBITM1202 with the recipient before sending.
What do the letters in PARBITM1202 stand for?
PARB is the institution code of BNP Paribas Securities Services, Italy, IT stands for Italy, M1 is the location code and 202 identifies the branch Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.