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SWIFT/BIC code UNCRITM1L55

UNCRITM1L55 belongs to Unicredit SPA in Squinzano, Italy.

UNCRITM1L55

Code details

SWIFT/BIC codeUNCRITM1L55
8-character codeUNCRITM1
Branch codeL55
BankUnicredit SPA
BranchSquinzano
CitySquinzano
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.
L55 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 SWIFT/BIC code UNCRITM1L55?

UNCRITM1L55 is the SWIFT/BIC code of Squinzano, part of Unicredit SPA in Squinzano, Italy. Only use it if the recipient or their bank explicitly asks for it.

How long does a transfer to Unicredit SPA take?

SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.

Do I need UNCRITM1L55 for a euro transfer to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need UNCRITM1L55.

What does each part of UNCRITM1L55 stand for?

UNCR is the institution code of Unicredit SPA, IT stands for Italy, M1 is the location code and L55 identifies the branch Squinzano.

Can I use UNCRITM1 instead of UNCRITM1L55?

UNCRITM1 points to the main office of Unicredit SPA, while UNCRITM1L55 points to Squinzano. Most international transfers work with the head office code, yet use UNCRITM1L55 if the recipient asks for it.

What happens if I use UNCRITM1L55 incorrectly?

The payment may be delayed, returned or charged extra fees. Always check UNCRITM1L55 with the recipient before sending.

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