BPMIITM1356 -Banca Popolare Di Milano S.C.A.R.L. Milano Ag.356 Milano Italy Swift Codes of Bank/Financial institution

BPMIITM1356 -Banca Popolare Di Milano S.C.A.R.L. Milano Ag.356 Milano Italy Swift Codes of Bank/Financial institution




Swift code details of Banca Popolare Di Milano S.C.A.R.L., Italy, Milano,

Country Italy
Bank / Financial Institution Banca Popolare Di Milano S.C.A.R.L.
City Milano
Swift Code BPMIITM1356     used in international fund tramsfer
Branch Milano Ag.356
Address
Zip Code

Structure of Swift code

The format of SWIFT code is given below

AAAA BB CC DDD

The SWIFT code is 8 or 11 characters, made up of:

  • 4 letters: Institution Code or bank code.
  • 2 letters: ISO 3166-1 alpha-2 country code
  • 2 letters or digits: location code
    • if the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
    • if the second character is "1", then it denotes a passive participant in the SWIFT network
    • if the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message
    • as opposed to the more usual mode whereby the sender pays for the message.
  • 3 letters or digits: branch code, optional ('XXX' for primary office)

Where an 8-digit code is given, it may be assumed that it refers to the primary office.