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SWIFT/BIC code UNCRITM1OR2

UNCRITM1OR2 belongs to Unicredit SPA in Marzabotto, Italy.

UNCRITM1OR2

Code details

SWIFT/BIC codeUNCRITM1OR2
8-character codeUNCRITM1
Branch codeOR2
BankUnicredit SPA
BranchMarzabotto
CityMarzabotto
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.
OR2 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 SWIFT/BIC code UNCRITM1OR2?

The code UNCRITM1OR2 belongs to Marzabotto, a branch or department of Unicredit SPA in Marzabotto, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.

What does each part of UNCRITM1OR2 stand for?

UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the code for the city or region and OR2 is the code of the department Marzabotto.

What happens if I use UNCRITM1OR2 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check UNCRITM1OR2 against the details from Unicredit SPA before sending.

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

Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.

Can I use UNCRITM1 instead of UNCRITM1OR2?

UNCRITM1 points to the main office of Unicredit SPA, while UNCRITM1OR2 points to Marzabotto. Most international transfers work with the head office code, yet use UNCRITM1OR2 if the recipient asks for it.

Do I need UNCRITM1OR2 for a euro transfer to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need UNCRITM1OR2.

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