SWIFT/BIC code UNCRITM1MG4
UNCRITM1MG4 belongs to Unicredit SPA in Milano, Italy.
Code details
| SWIFT/BIC code | UNCRITM1MG4 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | MG4 |
| Bank | Unicredit SPA |
| Branch | Milano del Lauro |
| City | Milano |
| Country | Italy |
How 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.
- MG4 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 BIC UNCRITM1MG4?
UNCRITM1MG4 is the SWIFT/BIC code of Milano del Lauro, part of Unicredit SPA in Milano, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need UNCRITM1MG4 to send euros to Italy?
Italy is part of 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 UNCRITM1MG4.
How long does it take to send money to Unicredit SPA in Italy?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
What is the best way to send money to Unicredit SPA?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I use UNCRITM1MG4 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check UNCRITM1MG4 with the recipient before sending.
What does each part of UNCRITM1MG4 mean?
UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and MG4 identifies the branch Milano del Lauro.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.