SWIFT/BIC code PARBITMM163

PARBITMM163 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.

PARBITMM163

Code details

SWIFT/BIC codePARBITMM163
8-character codePARBITMM
Branch code163
BankBNP Paribas Securities Services, Italy
BranchBp2s Milan T2s
CityMilano
CountryItaly

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.
163 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 SWIFT code PARBITMM163?

PARBITMM163 is the SWIFT/BIC code of 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 does each part of PARBITMM163 mean?

PARB is the bank code of BNP Paribas Securities Services, Italy, IT stands for Italy, MM is the location code and 163 identifies the department Bp2s Milan T2s.

Do I need PARBITMM163 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. For other currencies you do need PARBITMM163.

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

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.

What is the best 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 the amount that arrives in Euro with specialist providers before you send – the difference can be large.

What happens if I use PARBITMM163 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check PARBITMM163 with the recipient before you confirm.

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