SWIFT/BIC code UNCRITM1853
UNCRITM1853 belongs to Unicredit SPA in Palermo, Italy.
Code details
| SWIFT/BIC code | UNCRITM1853 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | 853 |
| Bank | Unicredit SPA |
| Branch | Palermo Oreto Nuova |
| City | Palermo |
| Country | Italy |
How 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.
- 853 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
What bank uses BIC UNCRITM1853?
The code UNCRITM1853 belongs to Palermo Oreto Nuova, a branch or department of Unicredit SPA in Palermo, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need UNCRITM1853 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need UNCRITM1853.
How long does it take to send money to Unicredit SPA?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. 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. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.
What happens if I enter UNCRITM1853 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check UNCRITM1853 with the recipient before sending.
Can I use UNCRITM1 instead of UNCRITM1853?
UNCRITM1 is the main office of Unicredit SPA, while UNCRITM1853 is Palermo Oreto Nuova. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention UNCRITM1853.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.