SWIFT/BIC code UNCRITM1ON8
UNCRITM1ON8 belongs to Unicredit SPA in Castelvetro di Modena, Italy.
Code details
| SWIFT/BIC code | UNCRITM1ON8 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | ON8 |
| Bank | Unicredit SPA |
| Branch | Castelvetro di Modena |
| City | Castelvetro di Modena |
| Country | Italy |
The way the Unicredit SPA SWIFT/BIC is structured
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.
- ON8 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 is behind BIC UNCRITM1ON8?
UNCRITM1ON8 identifies Castelvetro di Modena, part of Unicredit SPA in Castelvetro di Modena, Italy. Only use it if the recipient or their bank explicitly asks for it.
What does each part of UNCRITM1ON8 stand for?
UNCR is the institution code of Unicredit SPA, IT stands for Italy, M1 is the location code and ON8 is the code of the department Castelvetro di Modena.
How long does a transfer to Unicredit SPA take in Italy?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Can I use UNCRITM1 instead of UNCRITM1ON8?
UNCRITM1 points to the main office of Unicredit SPA, while UNCRITM1ON8 is Castelvetro di Modena. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention UNCRITM1ON8.
Do I need UNCRITM1ON8 to send euros to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need UNCRITM1ON8.
What is the best way to send money to Unicredit SPA?
Banks often add several percent 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.