SWIFT/BIC code POCIITM1108
POCIITM1108 belongs to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy.
Code details
| SWIFT/BIC code | POCIITM1108 |
|---|---|
| 8-character code | POCIITM1 |
| Branch code | 108 |
| Bank | Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) |
| Branch | Agenzia di Milano - Marche |
| City | Milano |
| Country | Italy |
The way the Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) SWIFT/BIC is structured
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.
- 108 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 POCIITM1108?
The code POCIITM1108 belongs to Agenzia di Milano - Marche, 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 recipient or their bank explicitly asks for it.
Do I need POCIITM1108 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need POCIITM1108.
How long does a transfer to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) take?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
What do the letters in POCIITM1108 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 108 identifies the department Agenzia di Milano - Marche.
Can I use POCIITM1 instead of POCIITM1108?
POCIITM1 is the main office of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.), while POCIITM1108 points to Agenzia di Milano - Marche. For a normal transfer the head office code is usually fine, yet use POCIITM1108 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.)?
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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.