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SWIFT/BIC code UNCRITM160Y

UNCRITM160Y belongs to Unicredit SPA in Novara, Italy.

UNCRITM160Y

Code details

SWIFT/BIC codeUNCRITM160Y
8-character codeUNCRITM1
Branch code60Y
BankUnicredit SPA
BranchNovara
CityNovara
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.
60Y 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 code UNCRITM160Y?

The code UNCRITM160Y belongs to Novara, a unit of Unicredit SPA in Novara, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

How long does a transfer to Unicredit SPA take in Italy?

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

Do I need UNCRITM160Y for a euro transfer to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need UNCRITM160Y.

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

Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.

Can I use UNCRITM1 instead of UNCRITM160Y?

UNCRITM1 is the main office of Unicredit SPA, while UNCRITM160Y is Novara. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention UNCRITM160Y.

What happens if I use UNCRITM160Y incorrectly?

Your transfer can bounce, get stuck or cost extra. Double-check UNCRITM160Y against the details from Unicredit SPA before sending.

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