SWIFT/BIC code PARBITM1CFO
PARBITM1CFO belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITM1CFO |
|---|---|
| 8-character code | PARBITM1 |
| Branch code | CFO |
| 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.
- CFO 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 bank is behind SWIFT/BIC code PARBITM1CFO?
The code PARBITM1CFO belongs to Milano, a unit of BNP Paribas Securities Services, Italy in Milano, Italy. Use this branch code only when the account is held at this specific branch.
Has BNP Paribas Securities Services, Italy got other SWIFT/BIC codes?
Yes – our database contains 278 SWIFT/BIC codes for BNP Paribas Securities Services, Italy in Italy, for the head office and several branches or departments. All of them are listed on the page of BNP Paribas Securities Services, Italy.
Can I use PARBITM1 instead of PARBITM1CFO?
PARBITM1 is the head office of BNP Paribas Securities Services, Italy, while PARBITM1CFO is Milano. For a normal transfer the head office code is usually fine, but use PARBITM1CFO if the recipient asks for it.
How long does a transfer to BNP Paribas Securities Services, Italy take?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PARBITM1CFO to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PARBITM1CFO.
What does each part of PARBITM1CFO 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 CFO is the code of the department Milano.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.