SWIFT Code BPMIITMM245 — BANCA POPOLARE DI MILANO S.C.A.R.L., PARMA

About SWIFT Code BPMIITMM245 — BANCA POPOLARE DI MILANO S.C.A.R.L., PARMA

SWIFT code BPMIITMM245 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCA POPOLARE DI MILANO S.C.A.R.L. in PARMA, Italy. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANCA POPOLARE DI MILANO S.C.A.R.L. for all outward international remittances from PARMA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BPMIITMM245

The code BPMIITMM245 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BPMIITMM245

Receiving International Wire Transfers

To receive money from abroad at your BANCA POPOLARE DI MILANO S.C.A.R.L. account in PARMA, share SWIFT code BPMIITMM245 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANCA POPOLARE DI MILANO S.C.A.R.L., PARMA must provide SWIFT code BPMIITMM245. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANCA POPOLARE DI MILANO S.C.A.R.L. in PARMA rely on SWIFT code BPMIITMM245 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANCA POPOLARE DI MILANO S.C.A.R.L. →

For cheque clearing or NACH mandates, use the MICR code for BANCA POPOLARE DI MILANO S.C.A.R.L. →

For TDS challan deposits, find the BSR code for BANCA POPOLARE DI MILANO S.C.A.R.L. →

How SWIFT Code BPMIITMM245 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BPMIITMM245 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANCA POPOLARE DI MILANO S.C.A.R.L..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCA POPOLARE DI MILANO S.C.A.R.L. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BPMIITMM245

• Spaces or lowercase letters — Always enter BPMIITMM245 uppercase with no spaces.
• Using the wrong city — This code is for PARMA only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Italy.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BPMIITMM245 directly with BANCA POPOLARE DI MILANO S.C.A.R.L.'s PARMA branch or via the SWIFT BIC Directory.