Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) SWIFT/BIC code

BPAMIT31 – the SWIFT/BIC code of Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA)

BPAMIT31 and BPAMIT31XXX are two spellings of the same bank identifier, and both point to Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) in Bergamo. A SWIFT code tells every bank in the chain exactly which bank should receive the money. In daily life you usually see it on invoices from abroad, in payment forms and on the account details that Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) provides.

Further down you will find the practical questions: receiving money at Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA), paying someone in another country and how to verify the code before you confirm a payment. A SWIFT code names a bank or branch, not a single account; the IBAN or account number does that.

Sending money abroad from Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA)

A bank transfer abroad can cost rather more than the listed fee. Besides the transfer fee, banks in between may take a cut, and if currencies are converted, the bank often applies a rate below the real market rate.

The markup on the rate tends to be the biggest item, and it is easy to miss. Check their rate with the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

Specialised transfer providers frequently use rates closer to the mid-market rate with clearer fees. Before your next transfer, take a minute comparing the total cost via GoldexPay. Choosing a specialist does not require leaving Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA).

How to check BPAMIT31 before you pay

Ask the recipient to send you the bank details directly from a recent statement. Compare that code with BPAMIT31 here and ask if anything does not match.

With a wrong code, the transfer may be delayed, be returned or cost extra – sometimes after weeks of searching. Do not forget the IBAN: a mistake there is more difficult to correct than a wrong BIC.

An automatic check by your bank only tells you that the code is valid. More and more banks compare the payee name with the account before you confirm. Sending a small amount first can be worth it for large sums, even if it costs an extra fee.

Incoming international payments to Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA)

Someone abroad who wants to pay you will ask for several details from you – incomplete details often cause delays. Give them the account holder’s name, the IBAN or account number, SWIFT code BPAMIT31XXX and your address, which some banks require.

Some banks also ask for the bank’s address; it does no harm to include it. Double-check the details before you send them, because the sender’s bank usually copies them as is.

What lands in your account can be less than what was sent. Fees for incoming transfers vary per bank; check the price list of Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA). Make clear with the sender who pays which costs before the money is sent.

Head office or branch code at Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA)?

Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) has 138 different SWIFT/BIC codes across 112 locations. Only one is the head office code, BPAMIT31XXX; the others identify branches.

Unless the recipient tells you otherwise, use BPAMIT31XXX or its short form BPAMIT31. Just use a branch code when your contact gives you that exact code.

When in doubt, ask the person you are paying which code their bank gave them. Codes can change when banks reorganise, so do not rely on old paperwork.

How up to date is this code?

The details on this page come from public sources that we update regularly. Banks merge, change names and retire codes. Figures such as the number of codes come from our own dataset.

Treat our data as a starting point, not as the last word. GoldexPay is independent of Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA), we only compare transfer services. Found outdated information? Let us know via our contact form.

How long does an international transfer to Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) take?

How quickly a transfer arrives at Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) is determined by a few things: which currency you send, the number of banks in between, daily processing deadlines and time zones. Weekends and public holidays in either country can add a day or more to the journey. Extra checks on larger or unusual payments may also cause a delay, even when all details are correct.

When a payment takes longer than expected, contact your bank for the tracking status or the UETR. Specialist transfer services often show tracking in their app so you can see how far the payment has got.

If a payment has not arrived within the expected time, the sender should contact their own bank, not the receiving bank. Request from the sender the payment receipt including the reference – it helps your own bank look for the money.

SEPA payments and the Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) BIC

Inside SEPA, euro payments to an account in Italy use common rules, so the IBAN does the job in most cases. A field for the BIC is usually optional or missing in that case.

For anything other than euros and for senders outside SEPA, BPAMIT31XXX remains part of the payment details. A few banks and apps also ask for the BIC out of habit; in that case, fill in BPAMIT31.

Instant euro transfers are increasingly supported across SEPA; check with Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) whether it applies to your account. As long as the payment stays in euros, the transfer tends to be cheap; costs rise once a conversion is involved.

8 or 11 characters: BPAMIT31 versus BPAMIT31XXX

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. In this case, the 8-character core is BPAMIT31.

The full version has three more characters that identify a branch or department. When those three characters are XXX, the code points to the head office, which is why BPAMIT31XXX and BPAMIT31 lead to the same place.

As a rule the code is typed in capitals, without spaces or dashes. Look out for the letter O and the digit 0 or I versus 1.

Scams that use SWIFT codes

Scammers often send fake invoices with changed bank details, sometimes in an email that looks completely genuine. That BPAMIT31 is a real code is no guarantee that the account is legitimate.

Verify new bank details via a separate channel, such as a phone number you already know, not by replying to the message. Urgency or requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. Already paid? Contact the bank you paid from without delay and ask them to start a recall.

Fraud can also work the other way. Someone sends too much and asks you to refund the extra via a different route. A payment confirmation from the sender proves nothing – check your own account.

Euro (EUR) and conversion costs

Most accounts at Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) are typically held in EUR, the national currency. If you send another currency, the amount has to be converted somewhere along the way: by your bank, an intermediary or Ubi Banca SPA (Formerly Banca Popolare di Ancona SPA) itself. Each conversion costs something, even when no fee is shown.

Who does the conversion has an effect on the final amount. Compare what EUR the recipient gets with several services.

The rate for EUR fluctuates throughout the day, so the amount you see is usually only valid for a short time. On larger amounts, even seemingly small gap in the rate can be worth more than the fee.