SWIFT/BIC code POCIITM1071
POCIITM1071 belongs to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy.
Code details
| SWIFT/BIC code | POCIITM1071 |
|---|---|
| 8-character code | POCIITM1 |
| Branch code | 071 |
| Bank | Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) |
| Branch | Branch 071 - Piazzale de Agostini |
| 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.
- 071 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 bank uses SWIFT/BIC code POCIITM1071?
The code POCIITM1071 belongs to Branch 071 - Piazzale de Agostini, part 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.
What is the best way to send money to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Italy?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I enter POCIITM1071 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check POCIITM1071 with the recipient before sending.
Do I need POCIITM1071 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need POCIITM1071.
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 normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Can I use POCIITM1 instead of POCIITM1071?
POCIITM1 points to the head office of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.), while POCIITM1071 points to Branch 071 - Piazzale de Agostini. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention POCIITM1071.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.