SWIFT/BIC code PARBITM1207
PARBITM1207 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITM1207 |
|---|---|
| 8-character code | PARBITM1 |
| Branch code | 207 |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Milano |
| City | Milano |
| Country | Italy |
How 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.
- 207 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
What bank uses SWIFT code PARBITM1207?
PARBITM1207 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.
Do I need PARBITM1207 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PARBITM1207.
What does each part of PARBITM1207 stand for?
PARB is the institution code of BNP Paribas Securities Services, Italy, IT stands for Italy, M1 is the code for the city or region and 207 identifies the department Milano.
How long does it take to send money to BNP Paribas Securities Services, Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
What is the best way to send money to BNP Paribas Securities Services, Italy?
Banks often add 1–3% 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 PARBITM1207 with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PARBITM1207 against the details from BNP Paribas Securities Services, Italy before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.