SWIFT/BIC code POCIITM1060
POCIITM1060 belongs to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy.
Code details
| SWIFT/BIC code | POCIITM1060 |
|---|---|
| 8-character code | POCIITM1 |
| Branch code | 060 |
| Bank | Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) |
| Branch | Milano Viale Monza |
| City | Milano |
| Country | Italy |
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.
- 060 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 BIC POCIITM1060?
The code POCIITM1060 belongs to Milano Viale Monza, a unit of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need POCIITM1060 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need POCIITM1060.
How long does it take to send money to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Italy?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
What happens if I enter POCIITM1060 with a typo?
The payment may be delayed, returned or charged extra fees. Always check POCIITM1060 with the recipient before you confirm.
Can I use POCIITM1 instead of POCIITM1060?
POCIITM1 points to the main office of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.), while POCIITM1060 points to Milano Viale Monza. Most international transfers work with the head office code, yet use POCIITM1060 if the recipient asks for it.
What does each part of POCIITM1060 stand for?
POCI is the institution code of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.), IT stands for Italy, M1 is the code for the city or region and 060 is the code of the department Milano Viale Monza.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.