SWIFT/BIC code UNCRITM1L28
UNCRITM1L28 belongs to Unicredit SPA in Parma, Italy.
Code details
| SWIFT/BIC code | UNCRITM1L28 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | L28 |
| Bank | Unicredit SPA |
| Branch | Parma Xxii Luglio |
| City | Parma |
| Country | Italy |
The way the Unicredit SPA SWIFT/BIC works
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.
- L28 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 UNCRITM1L28?
UNCRITM1L28 is the SWIFT/BIC code of Parma Xxii Luglio, part of Unicredit SPA in Parma, Italy. Only use it if the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Unicredit SPA?
Banks often 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.
How long does it take to send money to Unicredit SPA in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
What does each part of UNCRITM1L28 stand for?
UNCR is the bank code of Unicredit SPA, IT stands for Italy, M1 is the code for the city or region and L28 is the code of the department Parma Xxii Luglio.
Do I need UNCRITM1L28 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need UNCRITM1L28.
Can I use UNCRITM1 instead of UNCRITM1L28?
UNCRITM1 points to the head office of Unicredit SPA, while UNCRITM1L28 points to Parma Xxii Luglio. For a normal transfer the head office code is usually fine, but use UNCRITM1L28 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.