When making international wire transfers, understanding a bank's SWIFT/BIC code is essential. This unique identifier not only helps recognize specific financial institutions but also ensures funds reach their destination accurately and efficiently. This article provides a detailed explanation of UNICREDIT S.P.A.'s SWIFT/BIC code to facilitate seamless international transactions.
The code for UNICREDIT S.P.A. is UNCRITMMCEE , consisting of 8 to 11 alphanumeric characters with the following structure:
- Bank Code (UNCR) : Identifies UNICREDIT S.P.A.
- Country Code (IT) : Indicates Italy as the bank's location.
- Location Code (MM) : Specifies the bank's headquarters location.
- Branch Code (CEE) : Identifies specific branches, with 'XXX' typically representing the head office.
Decoding UNICREDIT S.P.A.'s SWIFT/BIC Code
The complete SWIFT/BIC code for UNICREDIT S.P.A. is UNCRITMMCEE , where the first eight characters (UNCRITMM) form the core code representing the bank's primary office in Milan. Using the correct SWIFT code guarantees secure fund transfers while significantly improving the efficiency of cross-border transactions.
Bank and Branch Information
Bank Name:
UNICREDIT S.P.A.
Address:
TOWER C, MILANO
Essential Verification Before Transfer
Before initiating a wire transfer using the SWIFT code, carefully verify the following details to ensure secure and successful transactions:
- Bank Name: Confirm the recipient bank's name matches exactly.
- Branch Name: If using a specific branch code, verify its accuracy.
- Country: Ensure the SWIFT code corresponds to the recipient bank's country.
Advantages of Using Xe for UNICREDIT S.P.A. Transfers
Opting for Xe's transfer services offers several notable benefits:
- Competitive Exchange Rates: More favorable rates compared to traditional banks.
- Transparent Fees: Clear disclosure of all charges before transaction confirmation.
- Fast Processing: Most transfers completed within the same business day.