SWIFT/BIC code UNCRITM1QQ7
UNCRITM1QQ7 belongs to Unicredit SPA in San Pancrazio, Italy.
Code details
| SWIFT/BIC code | UNCRITM1QQ7 |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | QQ7 |
| Bank | Unicredit SPA |
| Branch | Parma S.pancrazio Parmense |
| City | San Pancrazio |
| Country | Italy |
The way the Unicredit SPA SWIFT/BIC is built up
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.
- QQ7 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 UNCRITM1QQ7?
The code UNCRITM1QQ7 belongs to Parma S.pancrazio Parmense, part of Unicredit SPA in San Pancrazio, Italy. Use this branch code only when the recipient or their bank explicitly asks for it.
What does each part of UNCRITM1QQ7 stand for?
UNCR is the institution code of Unicredit SPA, IT stands for Italy, M1 is the code for the city or region and QQ7 identifies the department Parma S.pancrazio Parmense.
Do I need UNCRITM1QQ7 for a euro transfer to Italy?
Italy is part of 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 still need UNCRITM1QQ7.
How long does it take to send money to Unicredit SPA?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
What is the cheapest way to send money to Unicredit SPA?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
What happens if I use UNCRITM1QQ7 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check UNCRITM1QQ7 with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.