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SWIFT/BIC code UNCRITM1MT5

UNCRITM1MT5 belongs to Unicredit SPA in Bologna, Italy.

UNCRITM1MT5

Code details

SWIFT/BIC codeUNCRITM1MT5
8-character codeUNCRITM1
Branch codeMT5
BankUnicredit SPA
BranchBologna Borgo Panigale B
CityBologna
CountryItaly

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.
MT5 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 UNCRITM1MT5?

UNCRITM1MT5 identifies Bologna Borgo Panigale B, part of Unicredit SPA in Bologna, Italy. Use this branch code only when the account is held at this specific branch.

What is the best way to send money to Unicredit SPA?

Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.

What do the letters in UNCRITM1MT5 mean?

UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and MT5 is the code of the branch Bologna Borgo Panigale B.

What happens if I enter UNCRITM1MT5 with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check UNCRITM1MT5 against the details from Unicredit SPA before you confirm.

Can I use UNCRITM1 instead of UNCRITM1MT5?

UNCRITM1 points to the head office of Unicredit SPA, while UNCRITM1MT5 is Bologna Borgo Panigale B. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention UNCRITM1MT5.

Has Unicredit SPA got other SWIFT/BIC codes?

Yes – our database contains 3315 SWIFT/BIC codes for Unicredit SPA in Italy, for the head office and several branches or departments. All of them are listed on the page of Unicredit SPA.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.