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SWIFT/BIC code PARBITMM116

PARBITMM116 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.

PARBITMM116

Code details

SWIFT/BIC codePARBITMM116
8-character codePARBITMM
Branch code116
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.
116 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 uses BIC PARBITMM116?

PARBITMM116 identifies Bp2s Milan T2s, a branch or department of BNP Paribas Securities Services, Italy in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.

Do I need PARBITMM116 for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PARBITMM116.

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

SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.

What happens if I use PARBITMM116 with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check PARBITMM116 against the details from BNP Paribas Securities Services, Italy before you confirm.

Does BNP Paribas Securities Services, Italy have more SWIFT/BIC codes?

Yes – our database contains 278 SWIFT/BIC codes for BNP Paribas Securities Services, Italy in Italy, for the head office and several branches or departments. All of them are listed on the page of BNP Paribas Securities Services, Italy.

Can I use PARBITMM instead of PARBITMM116?

PARBITMM is the main office of BNP Paribas Securities Services, Italy, while PARBITMM116 is Bp2s Milan T2s. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PARBITMM116.

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