SWIFT/BIC code UNCRITM1SEC
UNCRITM1SEC belongs to Unicredit SPA in Milano, Italy.
Code details
| SWIFT/BIC code | UNCRITM1SEC |
|---|---|
| 8-character code | UNCRITM1 |
| Branch code | SEC |
| Bank | Unicredit SPA |
| Branch | Banca Depositaria Fondi Comuni |
| City | Milano |
| 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.
- SEC 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 uses SWIFT code UNCRITM1SEC?
UNCRITM1SEC is the SWIFT/BIC code of Banca Depositaria Fondi Comuni, part of Unicredit SPA in Milano, Italy. Only use it if the account is held at this specific branch.
What does each part of UNCRITM1SEC mean?
UNCR is the bank code of Unicredit SPA, IT stands for Italy, M1 is the code for the city or region and SEC is the code of the branch Banca Depositaria Fondi Comuni.
Can I use UNCRITM1 instead of UNCRITM1SEC?
UNCRITM1 points to the head office of Unicredit SPA, while UNCRITM1SEC is Banca Depositaria Fondi Comuni. Most international transfers work with the head office code, but use UNCRITM1SEC if the recipient asks for it.
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.
Do I need UNCRITM1SEC for a euro transfer to Italy?
Italy is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need UNCRITM1SEC.
What happens if I use UNCRITM1SEC with a typo?
The payment may be delayed, returned or charged extra fees. Always check UNCRITM1SEC 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.