SWIFT/BIC code POCIITM1073
POCIITM1073 belongs to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Roma, Italy.
Code details
| SWIFT/BIC code | POCIITM1073 |
|---|---|
| 8-character code | POCIITM1 |
| Branch code | 073 |
| Bank | Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) |
| Branch | Branch 073 - Piazza Tuscolo |
| City | Roma |
| 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.
- 073 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 uses BIC POCIITM1073?
The code POCIITM1073 belongs to Branch 073 - Piazza Tuscolo, part of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Roma, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need POCIITM1073 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need POCIITM1073.
How long does it take to send money to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.)?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What does each part of POCIITM1073 mean?
POCI is the institution code of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.), IT is the ISO code of Italy, M1 is the code for the city or region and 073 is the code of the department Branch 073 - Piazza Tuscolo.
Can I use POCIITM1 instead of POCIITM1073?
POCIITM1 points to the head office of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.), while POCIITM1073 is Branch 073 - Piazza Tuscolo. For a normal transfer the head office code is usually fine, but use POCIITM1073 if the recipient asks for it.
What is the cheapest way to send money to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Italy?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers 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.