SWIFT Code BPMIITM1A23 — BANCA POPOLARE DI MILANO S.C.A.R.L., SANT'ORESTE

About SWIFT Code BPMIITM1A23 — BANCA POPOLARE DI MILANO S.C.A.R.L., SANT'ORESTE

SWIFT code BPMIITM1A23 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCA POPOLARE DI MILANO S.C.A.R.L. in SANT'ORESTE, 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 SANT'ORESTE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BPMIITM1A23

The code BPMIITM1A23 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BPMIITM1A23

Receiving International Wire Transfers

To receive money from abroad at your BANCA POPOLARE DI MILANO S.C.A.R.L. account in SANT'ORESTE, share SWIFT code BPMIITM1A23 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., SANT'ORESTE must provide SWIFT code BPMIITM1A23. 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 SANT'ORESTE rely on SWIFT code BPMIITM1A23 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 BPMIITM1A23 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BPMIITM1A23 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 BPMIITM1A23

• Spaces or lowercase letters — Always enter BPMIITM1A23 uppercase with no spaces.
• Using the wrong city — This code is for SANT'ORESTE 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 BPMIITM1A23 directly with BANCA POPOLARE DI MILANO S.C.A.R.L.'s SANT'ORESTE branch or via the SWIFT BIC Directory.