SWIFT/BIC code PARBITM1WEL
PARBITM1WEL belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITM1WEL |
|---|---|
| 8-character code | PARBITM1 |
| Branch code | WEL |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | — |
| 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.
- WEL 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 is behind SWIFT/BIC code PARBITM1WEL?
PARBITM1WEL is the SWIFT/BIC code of BNP Paribas Securities Services, Italy, 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.
Can I use PARBITM1 instead of PARBITM1WEL?
PARBITM1 points to the main office of BNP Paribas Securities Services, Italy, while PARBITM1WEL points to BNP Paribas Securities Services, Italy. For a normal transfer the head office code is usually fine, yet use PARBITM1WEL if the recipient asks for it.
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. Check what you receive in Euro with specialist providers before you send.
What happens if I enter PARBITM1WEL incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PARBITM1WEL with the recipient before sending.
What do the letters in PARBITM1WEL mean?
PARB is the institution code of BNP Paribas Securities Services, Italy, IT stands for Italy, M1 is the location code and WEL identifies the branch BNP Paribas Securities Services, Italy.
Does BNP Paribas Securities Services, Italy have more SWIFT/BIC codes?
Yes – we list 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.