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SWIFT/BIC code PARBITM1OLD

PARBITM1OLD belongs to BNP Paribas Securities Services, Italy in Milano, Italy.

PARBITM1OLD

Code details

SWIFT/BIC codePARBITM1OLD
8-character codePARBITM1
Branch codeOLD
BankBNP Paribas Securities Services, Italy
BranchMilano
CityMilano
CountryItaly

How 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.
OLD 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 PARBITM1OLD?

The code PARBITM1OLD belongs to Milano, part 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 a transfer to BNP Paribas Securities Services, Italy take in Italy?

SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.

What does each part of PARBITM1OLD 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 OLD identifies the branch Milano.

Do I need PARBITM1OLD 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 do need PARBITM1OLD.

What is the cheapest way to send money to BNP Paribas Securities Services, Italy?

Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.

What happens if I use PARBITM1OLD with a typo?

The payment may be delayed, returned or charged extra fees. Always check PARBITM1OLD 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.