SWIFT/BIC code UNCRITM101Y

UNCRITM101Y belongs to Unicredit SPA in Novi Ligure, Italy.

UNCRITM101Y

Code details

SWIFT/BIC codeUNCRITM101Y
8-character codeUNCRITM1
Branch code01Y
BankUnicredit SPA
BranchNovi Ligure
CityNovi Ligure
CountryItaly

The way the Unicredit SPA SWIFT/BIC works

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

UNCR 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.
01Y 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 code UNCRITM101Y?

UNCRITM101Y is the SWIFT/BIC code of Novi Ligure, a unit of Unicredit SPA in Novi Ligure, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What do the letters in UNCRITM101Y stand for?

UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and 01Y is the code of the branch Novi Ligure.

What is the cheapest way to send money to Unicredit SPA?

Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.

Do I need UNCRITM101Y to send euros to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need UNCRITM101Y.

How long does it take to send money to Unicredit SPA in Italy?

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.

Can I use UNCRITM1 instead of UNCRITM101Y?

UNCRITM1 points to the main office of Unicredit SPA, while UNCRITM101Y is Novi Ligure. Most international transfers work with the head office code, but use UNCRITM101Y if the recipient asks for it.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.