SWIFT/BIC code UNCRITM1NQ5
UNCRITM1NQ5 belongs to Unicredit SPA in Medicina, Italy.
Code details
| SWIFT/BIC code | UNCRITM1NQ5 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | NQ5 |
| Bank | Unicredit SPA |
| Branch | Medicina |
| City | Medicina |
| 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.
- NQ5 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 BIC UNCRITM1NQ5?
UNCRITM1NQ5 is the SWIFT/BIC code of Medicina, a unit of Unicredit SPA in Medicina, Italy. Only use it if the account is held at this specific branch.
What happens if I use UNCRITM1NQ5 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check UNCRITM1NQ5 with the recipient before sending.
What do the letters in UNCRITM1NQ5 stand for?
UNCR is the bank code of Unicredit SPA, IT stands for Italy, M1 is the location code and NQ5 is the code of the department Medicina.
Do I need UNCRITM1NQ5 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you do need UNCRITM1NQ5.
How long does a transfer to Unicredit SPA take in Italy?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 1–3 business days.
Can I use UNCRITM1 instead of UNCRITM1NQ5?
UNCRITM1 points to the head office of Unicredit SPA, while UNCRITM1NQ5 is Medicina. Most international transfers work with the head office code, but use UNCRITM1NQ5 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.