SWIFT/BIC code POCIITM1275
POCIITM1275 belongs to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy.
Code details
| SWIFT/BIC code | POCIITM1275 |
|---|---|
| 8-character code | POCIITM1 |
| Branch code | 275 |
| Bank | Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) |
| Branch | Milano Sede |
| City | Milano |
| Country | Italy |
How 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.
- 275 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 POCIITM1275?
POCIITM1275 is the SWIFT/BIC code of Milano Sede, part of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy. Use this branch code only when the account is held at this specific branch.
Do I need POCIITM1275 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need POCIITM1275.
How long does it take to send money to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Italy?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
What do the letters in POCIITM1275 mean?
POCI is the bank code of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.), IT stands for Italy, M1 is the location code and 275 is the code of the department Milano Sede.
What happens if I use POCIITM1275 with a typo?
The payment may be delayed, returned or charged extra fees. Always check POCIITM1275 with the recipient before you confirm.
What is the best 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. Compare the amount that arrives in Euro with transfer services 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.