SWIFT/BIC code PARBITMM020

PARBITMM020 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.

PARBITMM020

Code details

SWIFT/BIC codePARBITMM020
8-character codePARBITMM
Branch code020
BankBNP Paribas Securities Services, Italy
BranchBp2s Milan T2s
CityMilano
CountryItaly

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.
020 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 code PARBITMM020?

PARBITMM020 is the SWIFT/BIC code of Bp2s Milan T2s, part of BNP Paribas Securities Services, Italy in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.

How long does it take to send money to BNP Paribas Securities Services, Italy in Italy?

Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.

Do I need PARBITMM020 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 PARBITMM020.

What happens if I use PARBITMM020 with a typo?

The payment may be delayed, returned or charged extra fees. Always check PARBITMM020 against the details from BNP Paribas Securities Services, Italy before you confirm.

What does each part of PARBITMM020 mean?

PARB is the bank code of BNP Paribas Securities Services, Italy, IT is the ISO code of Italy, MM is the location code and 020 identifies the branch Bp2s Milan T2s.

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 what you receive in Euro with specialist providers before you send – the difference can be large.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.