Buy Bitcoin with Banco BPM

[✓] last verified 2026-01-28·Reviewed by BankToBTC Team

Data from bank docs & OAM registers · How we verify · Report an error

SEPA transfers supported.

Crypto Compatibility Score: 55/100 (Fair)

Score Breakdown:

  • Payment methods: 10/35 pts
  • Bank transfer reliability: 17/25 pts
  • Limits: 12/20 pts
  • Cost: 8/10 pts
  • Evidence: 7/10 pts
  • Minimum floor applied (55 pts)

Supported payment methods: sepa

Last verified:

Quick Verdict

No crypto at Banco BPM. SEPA bonifico to a licensed exchange works, check your transfer limits (massimali) in the app first, as they may need increasing for larger deposits.

  • [✗]

    Can you buy Bitcoin in the app?

    No, use an external exchange

  • [✓]

    Can you fund an exchange?

    Yes, using SEPA Credit Transfer

  • [›]

    Best funding method

    SEPA Credit Transfer

  • [!]

    Potential issue

    Massimali settings can block larger transfers

Top Exchanges for Banco BPM

Step-by-step guide to buying Bitcoin with Banco BPM

The easiest way to buy Bitcoin with Banco BPM is a SEPA bonifico to an OAM registered exchange, using the correct causale. See the steps below.

  1. Pick an OAM-registered exchange
    Use an OAM-registered exchange to reduce rejected bonifici and verification loops.
  2. Create your exchange account
    Register and enable two factor authentication.
  3. Complete identity verification
    Verify identity to enable EUR deposits.
  4. Copy IBAN and causale reference
    Select Bonifico SEPA in deposits and copy IBAN, BIC, and the reference to include in causale.
  5. Send bonifico in YouApp
    Open YouApp, go to Bonifici then Nuovo, add the beneficiary IBAN, approve with the app security method, and check your massimali if the amount fails.
  6. Wait for funds to arrive
    Bonifico SEPA usually takes 1 business day; first transfers can be delayed if a new beneficiary must be activated.
  7. Purchase Bitcoin
    Buy BTC once your EUR deposit is credited.
  8. Secure your Bitcoin
    Withdraw BTC to a wallet if you want self custody.

[!] Troubleshooting

  • If your bonifico fails, check massimali in the app. Transfer limits often block larger deposits until increased.
  • If a new beneficiary transfer is delayed, complete strong customer authentication and retry after a short wait.
  • Include the reference code exactly in the causale to avoid delayed posting.

Frequently Asked Questions

Can I buy Bitcoin with Banco BPM?

Yes. Banco BPM does not offer native spot Bitcoin inside YouApp, but you can fund a crypto exchange using a SEPA bonifico (standard or instant) when you enter the correct beneficiary details and deposit reference. For faster funding, select bonifico istantaneo when the destination account supports SEPA Instant. For fewer compliance issues, check the provider on the OAM register.

Where in YouApp do I change bonifico massimali before sending money to an exchange?

Banco BPM documents a section for managing bonifico massimali where you can view and adjust daily and monthly limits within the bank's ceiling. If a deposit fails without a clear error, a too low massimale is a common cause. Raise the relevant cap first, then retry with a small test transfer.

Why does Banco BPM warn me about beneficiary details when I paste an exchange IBAN?

Banco BPM describes beneficiary detail checks during the bonifico flow. Exchanges often provide a legal entity name that does not match the brand name, so copy the exact beneficiary text from the deposit instructions. Ignoring a mismatch warning can increase the chance of a return or manual review.

Can I schedule recurring exchange deposits from Banco BPM instead of sending manually each time?

Yes. Banco BPM documentation includes a bonifico periodico feature that can automate recurring transfers to the same beneficiary. This is useful if you top up the same exchange IBAN on a fixed schedule. Keep the causale reference consistent so deposits are matched reliably.

Is Banco BPM SEPA Instant really instant or does it still wait for business hours?

Bonifico istantaneo is designed for real time settlement, including outside business hours, if the recipient supports SEPA Instant. Banco BPM positions it as real time and you should see the option in YouApp when available. If the destination does not accept SEPA Instant, YouApp will fall back to standard SEPA timing.

Does onboarding method affect Banco BPM funding reliability for a first exchange deposit?

It can at the start. Banco BPM documentation describes onboarding and security steps for digital services, and new customers may see extra authentication prompts before full operativity feels normal. Once the beneficiary is saved and your massimali are set correctly, deposits tend to become routine.

Evidence & Verification

This page references 4 sources: Banco BPM Bonifico Istantaneo, OAM Crypto Register, Banco BPM Digital Banking Guide. Information was compiled from official sources and user reports.

Sources:

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Information can change without notice. Always verify current policies directly with your bank and exchange before making transactions.