SWIFT Code BYLAITMM — BAYERISCHE LANDESBANK, MILANO BRANCH, MILANO

About SWIFT Code BYLAITMM — BAYERISCHE LANDESBANK, MILANO BRANCH, MILANO

SWIFT code BYLAITMM is the official 8-character head-office BIC (Bank Identifier Code) for BAYERISCHE LANDESBANK, MILANO BRANCH in MILANO, 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 BAYERISCHE LANDESBANK, MILANO BRANCH for all outward international remittances from MILANO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BYLAITMM

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

When to Use SWIFT Code BYLAITMM

Receiving International Wire Transfers

To receive money from abroad at your BAYERISCHE LANDESBANK, MILANO BRANCH account in MILANO, share SWIFT code BYLAITMM 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 BAYERISCHE LANDESBANK, MILANO BRANCH, MILANO must provide SWIFT code BYLAITMM. 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 BAYERISCHE LANDESBANK, MILANO BRANCH in MILANO rely on SWIFT code BYLAITMM 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 BAYERISCHE LANDESBANK, MILANO BRANCH →

For cheque clearing or NACH mandates, use the MICR code for BAYERISCHE LANDESBANK, MILANO BRANCH →

For TDS challan deposits, find the BSR code for BAYERISCHE LANDESBANK, MILANO BRANCH →

How SWIFT Code BYLAITMM Routes an International Transfer

1. Initiation: The sender provides SWIFT code BYLAITMM 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 BAYERISCHE LANDESBANK, MILANO BRANCH.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BAYERISCHE LANDESBANK, MILANO BRANCH receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BYLAITMM

• Spaces or lowercase letters — Always enter BYLAITMM uppercase with no spaces.
• Using the wrong city — This code is for MILANO 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 BYLAITMM directly with BAYERISCHE LANDESBANK, MILANO BRANCH's MILANO branch or via the SWIFT BIC Directory.