SWIFT/BIC code UNCRITM1032
UNCRITM1032 belongs to Unicredit SPA in Grottammare, Italy.
Code details
| SWIFT/BIC code | UNCRITM1032 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | 032 |
| Bank | Unicredit SPA |
| Branch | Grottammare |
| City | Grottammare |
| Country | Italy |
How 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.
- 032 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 uses SWIFT/BIC code UNCRITM1032?
UNCRITM1032 identifies Grottammare, part of Unicredit SPA in Grottammare, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Unicredit SPA?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
What happens if I enter UNCRITM1032 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check UNCRITM1032 with the recipient before you confirm.
Do I need UNCRITM1032 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need UNCRITM1032.
How long does a transfer to Unicredit SPA take in Italy?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Can I use UNCRITM1 instead of UNCRITM1032?
UNCRITM1 is the head office of Unicredit SPA, while UNCRITM1032 is Grottammare. For a normal transfer the head office code is usually fine, but use UNCRITM1032 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.