SWIFT Code PARBITM1FDS — BNP PARIBAS SECURITIES SERVICES, ITALY, MILANO

About SWIFT Code PARBITM1FDS — BNP PARIBAS SECURITIES SERVICES, ITALY, MILANO

SWIFT code PARBITM1FDS is the official 11-character branch-specific BIC (Bank Identifier Code) for BNP PARIBAS SECURITIES SERVICES, ITALY 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 BNP PARIBAS SECURITIES SERVICES, ITALY 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 PARBITM1FDS

The code PARBITM1FDS follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PARBITM1FDS

Receiving International Wire Transfers

To receive money from abroad at your BNP PARIBAS SECURITIES SERVICES, ITALY account in MILANO, share SWIFT code PARBITM1FDS 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 BNP PARIBAS SECURITIES SERVICES, ITALY, MILANO must provide SWIFT code PARBITM1FDS. 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 BNP PARIBAS SECURITIES SERVICES, ITALY in MILANO rely on SWIFT code PARBITM1FDS 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 BNP PARIBAS SECURITIES SERVICES, ITALY →

For cheque clearing or NACH mandates, use the MICR code for BNP PARIBAS SECURITIES SERVICES, ITALY →

For TDS challan deposits, find the BSR code for BNP PARIBAS SECURITIES SERVICES, ITALY →

How SWIFT Code PARBITM1FDS Routes an International Transfer

1. Initiation: The sender provides SWIFT code PARBITM1FDS 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 BNP PARIBAS SECURITIES SERVICES, ITALY.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BNP PARIBAS SECURITIES SERVICES, ITALY receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PARBITM1FDS

• Spaces or lowercase letters — Always enter PARBITM1FDS 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 PARBITM1FDS directly with BNP PARIBAS SECURITIES SERVICES, ITALY's MILANO branch or via the SWIFT BIC Directory.