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SWIFT/BIC code PARBITM1EUR

PARBITM1EUR belongs to BNP Paribas Securities Services, Italy in Milano, Italy.

PARBITM1EUR

Code details

SWIFT/BIC codePARBITM1EUR
8-character codePARBITM1
Branch codeEUR
BankBNP Paribas Securities Services, Italy
Branch—
CityMilano
CountryItaly

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.
EUR 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 BIC PARBITM1EUR?

PARBITM1EUR is the SWIFT/BIC code of BNP Paribas Securities Services, Italy, a branch or department of BNP Paribas Securities Services, Italy in Milano, Italy. Only use it if the account is held at this specific branch.

What happens if I enter PARBITM1EUR incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check PARBITM1EUR with the recipient before you confirm.

Can I use PARBITM1 instead of PARBITM1EUR?

PARBITM1 is the head office of BNP Paribas Securities Services, Italy, while PARBITM1EUR points to BNP Paribas Securities Services, Italy. Most international transfers work with the head office code, but use PARBITM1EUR if the recipient asks for it.

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. Transfers in other currencies can take 2–4 business days.

Do I need PARBITM1EUR for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need PARBITM1EUR.

What does each part of PARBITM1EUR stand for?

PARB is the institution code of BNP Paribas Securities Services, Italy, IT stands for Italy, M1 is the location code and EUR is the code of the branch BNP Paribas Securities Services, Italy.

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