SWIFT/BIC code PARBITMM004
PARBITMM004 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITMM004 |
|---|---|
| 8-character code | PARBITMM |
| Branch code | 004 |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | BNP Paribas Securities Services |
| 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).
- MM Location code
- 2 characters for the city or region of the head office.
- 004 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 SWIFT/BIC code PARBITMM004?
PARBITMM004 identifies BNP Paribas Securities Services, part of BNP Paribas Securities Services, Italy in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the best 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 transfer services before you send – the difference can be large.
What happens if I use PARBITMM004 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check PARBITMM004 with the recipient before you confirm.
How long does a transfer to BNP Paribas Securities Services, Italy take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need PARBITMM004 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need PARBITMM004.
What do the letters in PARBITMM004 stand for?
PARB is the institution code of BNP Paribas Securities Services, Italy, IT stands for Italy, MM is the code for the city or region and 004 is the code of the department BNP Paribas Securities Services.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.