BANCA POPOLARE DI MILANO S.P.A., BOLOGNA - SWIFT/BIC Code

BANCA POPOLARE DI MILANO S.P.A., BOLOGNA - SWIFT Code Information

SWIFT Code / BIC
BPMIITMM754
Bank / Institution
BANCA POPOLARE DI MILANO S.P.A.
Address
VIA BOVI CAMPEGGI, 2/4 E
City
BOLOGNA
Postcode
40131
Country
Italy
Connection
Active
BPMIITMM754 - SWIFT Code Breakdown
SWIFT Code
BPMIITMM or BPMIITMM754
Bank Code
BPMI - code assigned to BANCA POPOLARE DI MILANO S.P.A.
Country Code
IT - code belongs to Italy
Location & Status
MM - represents location, second digit means active code
Branch Code
754 or not assigned, indicating this is a head office
Head Office
BPMIITMM - primary office of BANCA POPOLARE DI MILANO S.P.A., Italy

What is a SWIFT Code BPMIITMM754?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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