SWIFT/BIC code PARBITMM062
PARBITMM062 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITMM062 |
|---|---|
| 8-character code | PARBITMM |
| Branch code | 062 |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Bp2s Milan T2s |
| City | Milano |
| Country | Italy |
How 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.
- 062 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 uses SWIFT code PARBITMM062?
The code PARBITMM062 belongs to Bp2s Milan T2s, a unit of BNP Paribas Securities Services, Italy in Milano, Italy. Only use it if the account is held at this specific branch.
How long does it take to send money to BNP Paribas Securities Services, Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Do I need PARBITMM062 for a euro transfer 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. If you send another currency you do need PARBITMM062.
What happens if I use PARBITMM062 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PARBITMM062 with the recipient before sending.
What do the letters in PARBITMM062 stand for?
PARB is the bank code of BNP Paribas Securities Services, Italy, IT is the ISO code of Italy, MM is the location code and 062 identifies the branch Bp2s Milan T2s.
Can I use PARBITMM instead of PARBITMM062?
PARBITMM is the head office of BNP Paribas Securities Services, Italy, while PARBITMM062 points to Bp2s Milan T2s. Most international transfers work with the head office code, yet use PARBITMM062 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.