SWIFT/BIC code PARBITMM150
PARBITMM150 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITMM150 |
|---|---|
| 8-character code | PARBITMM |
| Branch code | 150 |
| Bank | BNP Paribas Securities Services, Italy |
| Branch | Bp2s Milan T2s |
| City | Milano |
| Country | Italy |
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.
- 150 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 code PARBITMM150?
The code PARBITMM150 belongs to Bp2s Milan T2s, a branch or department of BNP Paribas Securities Services, Italy in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the best way to send money to BNP Paribas Securities Services, Italy in Italy?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
What happens if I use PARBITMM150 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PARBITMM150 with the recipient before you confirm.
What do the letters in PARBITMM150 stand for?
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 150 identifies the department Bp2s Milan T2s.
Can I use PARBITMM instead of PARBITMM150?
PARBITMM points to the head office of BNP Paribas Securities Services, Italy, while PARBITMM150 points to Bp2s Milan T2s. Most international transfers work with the head office code, yet use PARBITMM150 if the recipient asks for it.
Do I need PARBITMM150 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 still need PARBITMM150.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.