SWIFT/BIC code UNCRITM1MM5
UNCRITM1MM5 belongs to Unicredit SPA in Bologna, Italy.
Code details
| SWIFT/BIC code | UNCRITM1MM5 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | MM5 |
| Bank | Unicredit SPA |
| Branch | Bologna Marconi |
| City | Bologna |
| 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.
- MM5 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 UNCRITM1MM5?
UNCRITM1MM5 is the SWIFT/BIC code of Bologna Marconi, a unit of Unicredit SPA in Bologna, Italy. Only use it if the account is held at this specific branch.
What is the cheapest way to send money to Unicredit SPA in Italy?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
What does each part of UNCRITM1MM5 stand for?
UNCR is the bank code of Unicredit SPA, IT stands for Italy, M1 is the code for the city or region and MM5 is the code of the branch Bologna Marconi.
How long does it take to send money to Unicredit SPA?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need UNCRITM1MM5 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need UNCRITM1MM5.
What happens if I enter UNCRITM1MM5 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check UNCRITM1MM5 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.