SWIFT/BIC code PARBITMM016
PARBITMM016 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITMM016 |
|---|---|
| 8-character code | PARBITMM |
| Branch code | 016 |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Bp2s Milan T2s |
| City | Milano |
| Country | Italy |
How the BNP Paribas Securities Services, Italy SWIFT/BIC is structured
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.
- 016 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 bank is behind SWIFT/BIC code PARBITMM016?
PARBITMM016 identifies Bp2s Milan T2s, a unit 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 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 specialist providers before you send.
What do the letters in PARBITMM016 mean?
PARB is the institution code of BNP Paribas Securities Services, Italy, IT is the ISO code of Italy, MM is the code for the city or region and 016 identifies the department Bp2s Milan T2s.
Has BNP Paribas Securities Services, Italy got other 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.
Do I need PARBITMM016 to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PARBITMM016.
How long does a transfer to BNP Paribas Securities Services, Italy take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.