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SWIFT/BIC code UNCRITM1MF5

UNCRITM1MF5 belongs to Unicredit SPA in Milano, Italy.

UNCRITM1MF5

Code details

SWIFT/BIC codeUNCRITM1MF5
8-character codeUNCRITM1
Branch codeMF5
BankUnicredit SPA
BranchMilano Buonarroti
CityMilano
CountryItaly

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.
MF5 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 UNCRITM1MF5?

UNCRITM1MF5 is the SWIFT/BIC code of Milano Buonarroti, a unit of Unicredit SPA in Milano, Italy. Only use it if the account is held at this specific branch.

What happens if I enter UNCRITM1MF5 with a typo?

The payment may be delayed, returned or charged extra fees. Always check UNCRITM1MF5 with the recipient before sending.

Do I need UNCRITM1MF5 to send euros to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need UNCRITM1MF5.

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

SEPA payments in euros 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 UNCRITM1MF5 stand for?

UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and MF5 identifies the department Milano Buonarroti.

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 – the difference can be large.

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