GoldexPay
Language: EN
English Nederlands Deutsch Français Español

SWIFT/BIC code UNCRITM168V

UNCRITM168V belongs to Unicredit SPA in Reggio Nell'emilia, Italy.

UNCRITM168V

Code details

SWIFT/BIC codeUNCRITM168V
8-character codeUNCRITM1
Branch code68V
BankUnicredit SPA
BranchReggio Emilia Resistenza
CityReggio Nell'emilia
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.
68V 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 UNCRITM168V?

The code UNCRITM168V belongs to Reggio Emilia Resistenza, a branch or department of Unicredit SPA in Reggio Nell'emilia, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What happens if I use UNCRITM168V with a typo?

Your transfer can bounce, get stuck or cost extra. Always check UNCRITM168V against the details from Unicredit SPA before you confirm.

Do I need UNCRITM168V to send euros to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need UNCRITM168V.

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

SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.

What do the letters in UNCRITM168V mean?

UNCR is the institution code of Unicredit SPA, IT stands for Italy, M1 is the location code and 68V is the code of the department Reggio Emilia Resistenza.

Can I use UNCRITM1 instead of UNCRITM168V?

UNCRITM1 is the main office of Unicredit SPA, while UNCRITM168V is Reggio Emilia Resistenza. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention UNCRITM168V.

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