SWIFT/BIC code UNCRITM1QM7
UNCRITM1QM7 belongs to Unicredit SPA in Forli', Italy.
Code details
| SWIFT/BIC code | UNCRITM1QM7 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | QM7 |
| Bank | Unicredit SPA |
| Branch | Forli' Via Bologna |
| City | Forli' |
| 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.
- QM7 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 SWIFT code UNCRITM1QM7?
UNCRITM1QM7 identifies Forli' Via Bologna, a branch or department of Unicredit SPA in Forli', Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I enter UNCRITM1QM7 with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check UNCRITM1QM7 with the recipient before sending.
How long does a transfer to Unicredit SPA take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need UNCRITM1QM7 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 UNCRITM1QM7.
What is the cheapest way to send money to Unicredit SPA in Italy?
Many banks add 1–3% 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.
What do the letters in UNCRITM1QM7 mean?
UNCR is the institution code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and QM7 identifies the department Forli' Via Bologna.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.