SWIFT/BIC code UNCRITM1MP7
UNCRITM1MP7 belongs to Unicredit SPA in Parma, Italy.
Code details
| SWIFT/BIC code | UNCRITM1MP7 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | MP7 |
| Bank | Unicredit SPA |
| Branch | Parma S.croce |
| City | Parma |
| 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.
- MP7 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 bank uses SWIFT code UNCRITM1MP7?
The code UNCRITM1MP7 belongs to Parma S.croce, a branch or department of Unicredit SPA in Parma, 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 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What happens if I use UNCRITM1MP7 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check UNCRITM1MP7 against the details from Unicredit SPA before sending.
How long does a transfer to Unicredit SPA take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need UNCRITM1MP7 to send euros to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need UNCRITM1MP7.
What do the letters in UNCRITM1MP7 stand for?
UNCR is the bank code of Unicredit SPA, IT is the ISO code of Italy, M1 is the code for the city or region and MP7 is the code of the branch Parma S.croce.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.