SWIFT/BIC code PARBITM1VIN
PARBITM1VIN belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITM1VIN |
|---|---|
| 8-character code | PARBITM1 |
| Branch code | VIN |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Milano |
| City | Milano |
| Country | Italy |
The way 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.
- VIN 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 is behind BIC PARBITM1VIN?
PARBITM1VIN is the SWIFT/BIC code of Milano, a unit of BNP Paribas Securities Services, Italy in Milano, Italy. Use this branch code only when the account is held at this specific branch.
What is the cheapest way to send money to BNP Paribas Securities Services, Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
Can I use PARBITM1 instead of PARBITM1VIN?
PARBITM1 points to the main office of BNP Paribas Securities Services, Italy, while PARBITM1VIN points to Milano. Most international transfers work with the head office code, yet use PARBITM1VIN if the recipient asks for it.
Do I need PARBITM1VIN for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need PARBITM1VIN.
How long does a transfer to BNP Paribas Securities Services, Italy take?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.
What happens if I use PARBITM1VIN incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PARBITM1VIN with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.