SWIFT/BIC code UNCRITM1MN5
UNCRITM1MN5 belongs to Unicredit SPA in Modena, Italy.
Code details
| SWIFT/BIC code | UNCRITM1MN5 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | MN5 |
| Bank | Unicredit SPA |
| Branch | Modena Via Marzabotto |
| City | Modena |
| Country | Italy |
How 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.
- MN5 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 BIC UNCRITM1MN5?
UNCRITM1MN5 identifies Modena Via Marzabotto, a unit of Unicredit SPA in Modena, Italy. Use this branch code only when the account is held at this specific branch.
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 the amount that arrives in Euro with transfer services before you send.
Do I need UNCRITM1MN5 for a euro transfer to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need UNCRITM1MN5.
How long does a transfer to Unicredit SPA take in Italy?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.
What do the letters in UNCRITM1MN5 stand for?
UNCR is the bank code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and MN5 identifies the branch Modena Via Marzabotto.
What happens if I enter UNCRITM1MN5 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check UNCRITM1MN5 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.