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SWIFT/BIC code UNCRITM1I59

UNCRITM1I59 belongs to Unicredit SPA in Palermo, Italy.

UNCRITM1I59

Code details

SWIFT/BIC codeUNCRITM1I59
8-character codeUNCRITM1
Branch codeI59
BankUnicredit SPA
BranchPalermo de Gasperi
CityPalermo
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.
I59 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 is behind BIC UNCRITM1I59?

UNCRITM1I59 identifies Palermo de Gasperi, a unit of Unicredit SPA in Palermo, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

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. Compare the amount that arrives in Euro with specialist providers before you send.

What do the letters in UNCRITM1I59 stand for?

UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and I59 identifies the branch Palermo de Gasperi.

Can I use UNCRITM1 instead of UNCRITM1I59?

UNCRITM1 points to the main office of Unicredit SPA, while UNCRITM1I59 points to Palermo de Gasperi. For a normal transfer the head office code is usually fine, yet use UNCRITM1I59 if the recipient asks for it.

What happens if I enter UNCRITM1I59 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check UNCRITM1I59 with the recipient before you confirm.

Does Unicredit SPA have other SWIFT/BIC codes?

Yes, we list 3315 SWIFT/BIC codes for Unicredit SPA in Italy, for the head office and several branches or departments. You can see them all on the bank page.

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