SWIFT/BIC code PARBITMM057
PARBITMM057 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITMM057 |
|---|---|
| 8-character code | PARBITMM |
| Branch code | 057 |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Bp2s Milan T2s |
| City | Milano |
| Country | Italy |
The way 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).
- MM Location code
- 2 characters for the city or region of the head office.
- 057 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 BIC PARBITMM057?
The code PARBITMM057 belongs to Bp2s Milan T2s, part of BNP Paribas Securities Services, Italy in Milano, Italy. Only use it if the account is held at this specific branch.
What do the letters in PARBITMM057 stand for?
PARB is the institution code of BNP Paribas Securities Services, Italy, IT is the ISO code of Italy, MM is the location code and 057 identifies the department Bp2s Milan T2s.
How long does it take to send money to BNP Paribas Securities Services, Italy in Italy?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Do I need PARBITMM057 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 PARBITMM057.
Can I use PARBITMM instead of PARBITMM057?
PARBITMM points to the head office of BNP Paribas Securities Services, Italy, while PARBITMM057 is Bp2s Milan T2s. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention PARBITMM057.
What is the cheapest way to send money to BNP Paribas Securities Services, Italy in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.