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SWIFT/BIC code UNCRITM1S54

UNCRITM1S54 belongs to Unicredit SPA in Milano, Italy.

UNCRITM1S54

Code details

SWIFT/BIC codeUNCRITM1S54
8-character codeUNCRITM1
Branch codeS54
BankUnicredit SPA
BranchMilano Rembrandt
CityMilano
CountryItaly

How 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.
S54 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 is behind BIC UNCRITM1S54?

UNCRITM1S54 identifies Milano Rembrandt, part of Unicredit SPA in Milano, Italy. Use this branch code only when the account is held at this specific branch.

What do the letters in UNCRITM1S54 stand for?

UNCR is the bank code of Unicredit SPA, IT is the ISO code of Italy, M1 is the location code and S54 is the code of the branch Milano Rembrandt.

What happens if I enter UNCRITM1S54 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check UNCRITM1S54 against the details from Unicredit SPA before sending.

Do I need UNCRITM1S54 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you do need UNCRITM1S54.

How long does it take to send money to Unicredit SPA?

Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.

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

Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services 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.