SWIFT/BIC code UNCRITM150Y
UNCRITM150Y belongs to Unicredit SPA in Parma, Italy.
Code details
| SWIFT/BIC code | UNCRITM150Y |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | 50Y |
| Bank | Unicredit SPA |
| Branch | Parma |
| City | Parma |
| Country | Italy |
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.
- 50Y 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 UNCRITM150Y?
UNCRITM150Y identifies Parma, a branch or department of Unicredit SPA in Parma, Italy. Only use it if the recipient or their bank explicitly asks for it.
What do the letters in UNCRITM150Y mean?
UNCR is the bank code of Unicredit SPA, IT stands for Italy, M1 is the location code and 50Y is the code of the department Parma.
How long does a transfer to Unicredit SPA take in Italy?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need UNCRITM150Y 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. If you send another currency you still need UNCRITM150Y.
What happens if I use UNCRITM150Y with a typo?
Your transfer can bounce, get stuck or cost extra. Always check UNCRITM150Y against the details from Unicredit SPA before you confirm.
What is the cheapest way to send money to Unicredit SPA?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.