SWIFT/BIC code BREUITM1050
BREUITM1050 belongs to Ubi Banca SPA (Formerly Banca Regionale Europea S.P.A.) in Vercelli, Italy.
Code details
| SWIFT/BIC code | BREUITM1050 |
|---|---|
| 8-character code | BREUITM1 |
| Branch code | 050 |
| Bank | Ubi Banca SPA (Formerly Banca Regionale Europea S.P.A.) |
| Branch | Main Branch |
| City | Vercelli |
| Country | Italy |
The way the Ubi Banca SPA (Formerly Banca Regionale Europea S.P.A.) SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BREU Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- 050 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses SWIFT code BREUITM1050?
BREUITM1050 identifies Main Branch, a unit of Ubi Banca SPA (Formerly Banca Regionale Europea S.P.A.) in Vercelli, Italy. Only use it if the recipient or their bank explicitly asks for it.
How long does a transfer to Ubi Banca SPA (Formerly Banca Regionale Europea S.P.A.) take in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need BREUITM1050 for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need BREUITM1050.
What happens if I use BREUITM1050 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check BREUITM1050 with the recipient before you confirm.
Can I use BREUITM1 instead of BREUITM1050?
BREUITM1 is the main office of Ubi Banca SPA (Formerly Banca Regionale Europea S.P.A.), while BREUITM1050 points to Main Branch. For a normal transfer the head office code is usually fine, yet use BREUITM1050 if the recipient asks for it.
What is the cheapest way to send money to Ubi Banca SPA (Formerly Banca Regionale Europea S.P.A.) in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.