SWIFT/BIC code PARBITMM198
PARBITMM198 belongs to BNP Paribas Securities Services, Italy in Milano, Italy.
Code details
| SWIFT/BIC code | PARBITMM198 |
|---|---|
| 8-character code | PARBITMM |
| Branch code | 198 |
| 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.
- 198 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/BIC code PARBITMM198?
PARBITMM198 identifies Bp2s Milan T2s, a unit 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 cheapest way to send money to BNP Paribas Securities Services, Italy?
Banks often 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.
Does BNP Paribas Securities Services, Italy have more SWIFT/BIC codes?
Yes – we list 278 SWIFT/BIC codes for BNP Paribas Securities Services, Italy in Italy, for the head office and several branches or departments. You can see them all on the bank page.
What do the letters in PARBITMM198 mean?
PARB is the bank code of BNP Paribas Securities Services, Italy, IT stands for Italy, MM is the location code and 198 is the code of the branch Bp2s Milan T2s.
Do I need PARBITMM198 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need PARBITMM198.
How long does it take to send money to BNP Paribas Securities Services, Italy in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.