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SWIFT/BIC code UNCRITM1I68

UNCRITM1I68 belongs to Unicredit SPA in Mondello Valdesi, Italy.

UNCRITM1I68

Code details

SWIFT/BIC codeUNCRITM1I68
8-character codeUNCRITM1
Branch codeI68
BankUnicredit SPA
BranchPalermo Principe Scalea
CityMondello Valdesi
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.
I68 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 is behind SWIFT code UNCRITM1I68?

UNCRITM1I68 identifies Palermo Principe Scalea, a unit of Unicredit SPA in Mondello Valdesi, Italy. Only use it if the account is held at this specific branch.

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

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

Do I need UNCRITM1I68 for a euro transfer to Italy?

Italy belongs to 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 UNCRITM1I68.

Can I use UNCRITM1 instead of UNCRITM1I68?

UNCRITM1 points to the main office of Unicredit SPA, while UNCRITM1I68 is Palermo Principe Scalea. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention UNCRITM1I68.

What happens if I use UNCRITM1I68 incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check UNCRITM1I68 against the details from Unicredit SPA before sending.

What do the letters in UNCRITM1I68 stand for?

UNCR is the institution code of Unicredit SPA, IT stands for Italy, M1 is the location code and I68 is the code of the department Palermo Principe Scalea.

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