SWIFT/BIC code POCIITM1102
POCIITM1102 belongs to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Opera, Italy.
Code details
| SWIFT/BIC code | POCIITM1102 |
|---|---|
| 8-character code | POCIITM1 |
| Branch code | 102 |
| Bank | Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) |
| Branch | Branch 102 |
| City | Opera |
| 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.
- 102 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 POCIITM1102?
POCIITM1102 identifies Branch 102, a unit of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Opera, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the cheapest 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 what you receive in Euro with transfer services before you send – the difference can be large.
Do I need POCIITM1102 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need POCIITM1102.
How long does a transfer to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What does each part of POCIITM1102 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 102 identifies the department Branch 102.
What happens if I use POCIITM1102 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check POCIITM1102 with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.