SWIFT/BIC code PARBITMM172
PARBITMM172 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITMM172 |
|---|---|
| 8-character code | PARBITMM |
| Branch code | 172 |
| 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.
- 172 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 SWIFT/BIC code PARBITMM172?
The code PARBITMM172 belongs to Bp2s Milan T2s, a unit of BNP Paribas Securities Services, Italy in Milano, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in PARBITMM172 mean?
PARB is the bank code of BNP Paribas Securities Services, Italy, IT stands for Italy, MM is the code for the city or region and 172 is the code of the branch Bp2s Milan T2s.
Do I need PARBITMM172 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PARBITMM172.
How long does it take to send money to BNP Paribas Securities Services, Italy in Italy?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
What is the cheapest way to send money to BNP Paribas Securities Services, Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I enter PARBITMM172 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check PARBITMM172 against the details from BNP Paribas Securities Services, Italy before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.