GoldexPay
Language: EN
English Nederlands Deutsch Français Español

SWIFT/BIC code PARBITM1GEN

PARBITM1GEN belongs to BNP Paribas Securities Services, Italy in Milano, Italy.

PARBITM1GEN

Code details

SWIFT/BIC codePARBITM1GEN
8-character codePARBITM1
Branch codeGEN
BankBNP Paribas Securities Services, Italy
BranchMilano
CityMilano
CountryItaly

The way 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.
GEN 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 uses BIC PARBITM1GEN?

PARBITM1GEN identifies 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.

How long does it take to send money to BNP Paribas Securities Services, Italy?

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.

Do I need PARBITM1GEN 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 do need PARBITM1GEN.

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. Check what you receive in Euro with specialist providers before you send.

What does each part of PARBITM1GEN mean?

PARB is the bank code of BNP Paribas Securities Services, Italy, IT stands for Italy, M1 is the code for the city or region and GEN is the code of the department Milano.

What happens if I enter PARBITM1GEN incorrectly?

The payment may be delayed, returned or charged extra fees. Always check PARBITM1GEN against the details from BNP Paribas Securities Services, Italy before you confirm.

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