SWIFT/BIC code UNCAITM1XXX
UNCAITM1XXX belongs to Union Capital in Milano, Italy.
Code details
| SWIFT/BIC code | UNCAITM1XXX |
|---|---|
| 8-character code | UNCAITM1 |
| Branch code | XXX |
| Bank | Union Capital |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the Union Capital SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- UNCA 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.
- XXX 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 institution uses BIC UNCAITM1XXX?
UNCAITM1XXX is the SWIFT/BIC code of the headquarters of Union Capital in Milano, Italy. It is the code to use when you send money to an account at Union Capital.
What is the cheapest way to send money to Union Capital?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
What do the letters in UNCAITM1XXX mean?
UNCA is the bank code of Union Capital, IT stands for Italy, M1 is the location code and XXX means the head office.
How long does a transfer to Union Capital take?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Do I need UNCAITM1XXX to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need UNCAITM1XXX.
Does Union Capital have only one SWIFT/BIC code?
Yes – UNCAITM1XXX is the single SWIFT/BIC code listed for Union Capital in Italy, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.