SWIFT/BIC code POCIITM1A58
POCIITM1A58 belongs to Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy.
Code details
| SWIFT/BIC code | POCIITM1A58 |
|---|---|
| 8-character code | POCIITM1 |
| Branch code | A58 |
| Bank | Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) |
| Branch | Fil. Milano - Corso Lodi 2 |
| City | Milano |
| Country | Italy |
How the Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) SWIFT/BIC is built up
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.
- A58 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
What bank is behind SWIFT/BIC code POCIITM1A58?
The code POCIITM1A58 belongs to Fil. Milano - Corso Lodi 2, a unit of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.) in Milano, Italy. Only use it if 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?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
Can I use POCIITM1 instead of POCIITM1A58?
POCIITM1 points to the head office of Ubi Banca SPA (Formerly Banca Popolare Commercio Eindustria S.P.A.), while POCIITM1A58 is Fil. Milano - Corso Lodi 2. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention POCIITM1A58.
Do I need POCIITM1A58 for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need POCIITM1A58.
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, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What does each part of POCIITM1A58 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 location code and A58 is the code of the branch Fil. Milano - Corso Lodi 2.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.