SWIFT/BIC code PARBITM1CAV
PARBITM1CAV belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITM1CAV |
|---|---|
| 8-character code | PARBITM1 |
| Branch code | CAV |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Milano |
| City | Milano |
| Country | Italy |
The way the BNP Paribas Securities Services, Italy SWIFT/BIC works
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.
- CAV 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/BIC code PARBITM1CAV?
PARBITM1CAV identifies Milano, a unit of BNP Paribas Securities Services, Italy in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
What happens if I use PARBITM1CAV with a typo?
The payment may be delayed, returned or charged extra fees. Always check PARBITM1CAV against the details from BNP Paribas Securities Services, Italy before you confirm.
Do I need PARBITM1CAV to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PARBITM1CAV.
How long does it take to send money to BNP Paribas Securities Services, Italy in Italy?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 1–3 business days.
What does each part of PARBITM1CAV 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 CAV identifies the branch Milano.
What is the best way to send money to BNP Paribas Securities Services, Italy?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.