GoldexPay
Language: EN
English Nederlands Deutsch Français Español

SWIFT/BIC code UNCRITM1242

UNCRITM1242 belongs to Unicredit SPA in Milano, Italy.

UNCRITM1242

Code details

SWIFT/BIC codeUNCRITM1242
8-character codeUNCRITM1
Branch code242
BankUnicredit SPA
BranchMilano Piazza Udine
CityMilano
CountryItaly

The way the Unicredit SPA SWIFT/BIC is built up

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.
242 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 BIC UNCRITM1242?

UNCRITM1242 identifies Milano Piazza Udine, part of Unicredit SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

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

Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.

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

Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.

Do I need UNCRITM1242 for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need UNCRITM1242.

What happens if I use UNCRITM1242 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check UNCRITM1242 against the details from Unicredit SPA before you confirm.

Can I use UNCRITM1 instead of UNCRITM1242?

UNCRITM1 is the head office of Unicredit SPA, while UNCRITM1242 points to Milano Piazza Udine. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention UNCRITM1242.

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