SWIFT/BIC code UNCRITM1221
UNCRITM1221 belongs to Unicredit SPA in Milano, Italy.
Code details
| SWIFT/BIC code | UNCRITM1221 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | 221 |
| Bank | Unicredit SPA |
| Branch | Milano Donegani |
| City | Milano |
| 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.
- 221 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 bank is behind SWIFT code UNCRITM1221?
UNCRITM1221 identifies Milano Donegani, part of Unicredit SPA in Milano, Italy. Only use it if the account is held at this specific branch.
Do I need UNCRITM1221 to send euros to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need UNCRITM1221.
How long does a transfer to Unicredit SPA take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What do the letters in UNCRITM1221 mean?
UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and 221 identifies the department Milano Donegani.
Has Unicredit SPA got more SWIFT/BIC codes?
Yes – we list 3315 SWIFT/BIC codes for Unicredit SPA in Italy, for the head office and several branches or departments. All of them are listed on the page of Unicredit SPA.
What is the best way to send money to Unicredit SPA?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.