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SWIFT/BIC code UNCRITM1245

UNCRITM1245 belongs to Unicredit SPA in Milano, Italy.

UNCRITM1245

Code details

SWIFT/BIC codeUNCRITM1245
8-character codeUNCRITM1
Branch code245
BankUnicredit SPA
BranchMilano Cagliero
CityMilano
CountryItaly

The way the Unicredit SPA SWIFT/BIC is structured

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.
245 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 UNCRITM1245?

UNCRITM1245 identifies Milano Cagliero, a branch or department of Unicredit SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

Can I use UNCRITM1 instead of UNCRITM1245?

UNCRITM1 is the head office of Unicredit SPA, while UNCRITM1245 points to Milano Cagliero. Most international transfers work with the head office code, yet use UNCRITM1245 if the recipient asks for it.

What does each part of UNCRITM1245 mean?

UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the code for the city or region and 245 identifies the branch Milano Cagliero.

Do I need UNCRITM1245 to send euros to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need UNCRITM1245.

How long does a transfer to Unicredit SPA take?

Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.

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

Many banks add 1–3% 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.

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