SWIFT/BIC code PARBITM1PSU
PARBITM1PSU belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITM1PSU |
|---|---|
| 8-character code | PARBITM1 |
| Branch code | PSU |
| 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.
- PSU 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 BIC PARBITM1PSU?
PARBITM1PSU identifies Milano, 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 use PARBITM1PSU with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PARBITM1PSU against the details from BNP Paribas Securities Services, Italy before sending.
What does each part of PARBITM1PSU stand for?
PARB is the institution code of BNP Paribas Securities Services, Italy, IT is the ISO code of Italy, M1 is the location code and PSU identifies the department Milano.
What is the best way to send money to BNP Paribas Securities Services, Italy in Italy?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
How long does it take to send money to BNP Paribas Securities Services, Italy in Italy?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Do I need PARBITM1PSU for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you do need PARBITM1PSU.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.