SWIFT/BIC code UNCRITM1PM5
UNCRITM1PM5 belongs to Unicredit SPA in Bologna, Italy.
Code details
| SWIFT/BIC code | UNCRITM1PM5 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | PM5 |
| Bank | Unicredit SPA |
| Branch | Bologna Dante |
| City | Bologna |
| 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.
- PM5 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
What bank is behind SWIFT code UNCRITM1PM5?
The code UNCRITM1PM5 belongs to Bologna Dante, a branch or department of Unicredit SPA in Bologna, Italy. Only use it if the account is held at this specific branch.
How long does a transfer to Unicredit SPA take in Italy?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Do I need UNCRITM1PM5 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need UNCRITM1PM5.
Can I use UNCRITM1 instead of UNCRITM1PM5?
UNCRITM1 is the head office of Unicredit SPA, while UNCRITM1PM5 is Bologna Dante. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention UNCRITM1PM5.
What is the cheapest way to send money to Unicredit SPA?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What happens if I use UNCRITM1PM5 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check UNCRITM1PM5 with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.