SWIFT/BIC code PARBITM1VED
PARBITM1VED belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITM1VED |
|---|---|
| 8-character code | PARBITM1 |
| Branch code | VED |
| 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.
- VED 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 SWIFT/BIC code PARBITM1VED?
PARBITM1VED is the SWIFT/BIC code of Milano, a unit of BNP Paribas Securities Services, Italy in Milano, Italy. Only use it if the account is held at this specific branch.
Does BNP Paribas Securities Services, Italy have more SWIFT/BIC codes?
Yes – our database contains 278 SWIFT/BIC codes for BNP Paribas Securities Services, Italy in Italy. All of them are listed on the page of BNP Paribas Securities Services, Italy.
What is the cheapest way to send money to BNP Paribas Securities Services, Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Can I use PARBITM1 instead of PARBITM1VED?
PARBITM1 points to the head office of BNP Paribas Securities Services, Italy, while PARBITM1VED points to Milano. For a normal transfer the head office code is usually fine, yet use PARBITM1VED if the recipient asks for it.
What happens if I enter PARBITM1VED incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PARBITM1VED with the recipient before sending.
Do I need PARBITM1VED to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need PARBITM1VED.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.