SWIFT/BIC code UNCRITM1MG8
UNCRITM1MG8 belongs to Unicredit SPA in Milano, Italy.
Code details
| SWIFT/BIC code | UNCRITM1MG8 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | MG8 |
| Bank | Unicredit SPA |
| Branch | Milano Viale Monza C |
| 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.
- MG8 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 uses SWIFT code UNCRITM1MG8?
The code UNCRITM1MG8 belongs to Milano Viale Monza C, part of Unicredit SPA in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of UNCRITM1MG8 mean?
UNCR is the bank code of Unicredit SPA, IT stands for Italy, M1 is the code for the city or region and MG8 identifies the department Milano Viale Monza C.
What is the cheapest way to send money to Unicredit SPA in Italy?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
What happens if I enter UNCRITM1MG8 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check UNCRITM1MG8 with the recipient before you confirm.
Do I need UNCRITM1MG8 to send euros 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 do need UNCRITM1MG8.
How long does it take to send money to Unicredit SPA?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.