SWIFT/BIC code PARBITM1FAG
PARBITM1FAG belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITM1FAG |
|---|---|
| 8-character code | PARBITM1 |
| Branch code | FAG |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Milano |
| City | Milano |
| Country | Italy |
The way the BNP Paribas Securities Services, Italy SWIFT/BIC is structured
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.
- FAG 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 SWIFT code PARBITM1FAG?
The code PARBITM1FAG belongs to Milano, a unit of BNP Paribas Securities Services, Italy in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need PARBITM1FAG for a euro transfer 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. If you send another currency you do need PARBITM1FAG.
How long does a transfer to BNP Paribas Securities Services, Italy take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Can I use PARBITM1 instead of PARBITM1FAG?
PARBITM1 is the head office of BNP Paribas Securities Services, Italy, while PARBITM1FAG is Milano. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PARBITM1FAG.
What is the cheapest 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 what you receive in Euro with transfer services before you send.
Does BNP Paribas Securities Services, Italy have other SWIFT/BIC codes?
Yes – our database contains 278 SWIFT/BIC codes for BNP Paribas Securities Services, Italy in Italy. You can see them all on the bank page.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.