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SWIFT/BIC code UNCRITM1H98

UNCRITM1H98 belongs to Unicredit SPA in Favara, Italy.

UNCRITM1H98

Code details

SWIFT/BIC codeUNCRITM1H98
8-character codeUNCRITM1
Branch codeH98
BankUnicredit SPA
BranchFavara Vespri
CityFavara
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.
H98 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 BIC UNCRITM1H98?

UNCRITM1H98 is the SWIFT/BIC code of Favara Vespri, a unit of Unicredit SPA in Favara, Italy. Only use it if the recipient or their bank explicitly asks for it.

Can I use UNCRITM1 instead of UNCRITM1H98?

UNCRITM1 points to the main office of Unicredit SPA, while UNCRITM1H98 points to Favara Vespri. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention UNCRITM1H98.

Do I need UNCRITM1H98 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 UNCRITM1H98.

How long does it take to send money to Unicredit SPA?

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

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

Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.

What does each part of UNCRITM1H98 stand for?

UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and H98 is the code of the branch Favara Vespri.

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