BANCO BPM EURO vs GBP/USD EXCHANGE RATES
Compare Banco BPM euro currency transfer options to/from Italy. You can beat Banco BPM euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
| Banco BPM | EUR to GBP | EUR to USD | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.824 to £0.827 | $1.038 to $1.041 |  |  | |
| TorFX | £0.827 | $1.041 |  | | |
| Wise | £0.828 to £0.829 | $1.042 to $1.044 |  | | |
| Banco BPM | £0.799 | $1.006 | |  |  |
Banco BPM International Money Transfers
International currency transfers to or from your Banco BPM account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 4.0% and additional bank transaction or commission fees may apply.
Banco BPM international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Currency Transfer Alternatives – Banco BPM
Sending foreign currency to or from your Banco BPM account in Italy needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 euro (EUR) using Banco BPM services would have a transaction exchange rate margin of around 4.0% – or 4,000 EUR. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 700 EUR in total, which is a large saving over the bank service.
Banco BPM – Other Useful Information
International money transfers from Banco BPM could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Banco BPM account holder to use their services. Banco BPM may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000 (or 5,000 EUR).
Unless you pay a premium, Banco BPM’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Banco BPM, Italy – About
Banco BPM S.p.A. is an Italian bank that was created in 2017, by the merger of Banco Popolare and Banca Popolare di Milano. The bank is the third largest retail and corporate banking conglomerate in Italy.
Banco BPM branch finder
Find Banco BPM branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Banco BPM branches in your search area results.
Contact Banco BPM from abroad
You can find answers to everyday banking questions at Banco BPM online. If you can’t find the answer you’re looking for, you can call them from outside Italy on +39 800 024 024
Banco BPM – Head office address
Banco BPM – 4 Piazza Filippo Meda, Milano, 20121, Italy
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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