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SWIFT/BIC code POCIITM1042

POCIITM1042 belongs to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy.

POCIITM1042

Code details

SWIFT/BIC codePOCIITM1042
8-character codePOCIITM1
Branch code042
BankUbi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.)
BranchBranch 042 - Via Dolci
CityMilano
CountryItaly

The way the Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) SWIFT/BIC works

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

POCI 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.
042 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

Which branch is behind SWIFT/BIC code POCIITM1042?

POCIITM1042 is the SWIFT/BIC code of Branch 042 - Via Dolci, a branch or department of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy. Use this branch code only when the account is held at this specific branch.

Do I need POCIITM1042 to send euros to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need POCIITM1042.

How long does a transfer to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) take?

Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 2–4 business days.

What is the best way to send money to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.)?

Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.

What happens if I use POCIITM1042 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check POCIITM1042 against the details from Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) before sending.

Can I use POCIITM1 instead of POCIITM1042?

POCIITM1 is the main office of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.), while POCIITM1042 points to Branch 042 - Via Dolci. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention POCIITM1042.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.