When making international wire transfers, selecting the correct SWIFT/BIC code is critical to avoid delays, misrouted funds, or rejected transactions. For transfers to Italy’s UniCredit S.P.A. , using the wrong code can disrupt the payment process. This article explains the bank’s correct SWIFT/BIC code and how to use it to ensure smooth transactions.
UniCredit S.P.A.’s SWIFT/BIC Code
The SWIFT/BIC code for UniCredit S.P.A. is UNCRITMMORO . This 8-11 character code uniquely identifies the bank in international transactions. The breakdown is as follows:
UNCRIT
– Bank code (UniCredit)
MM
– Country code (Italy)
ORO
– Branch identifier (specific to UniCredit S.P.A.)
This code is mandatory for cross-border transfers, ensuring funds reach the intended recipient without errors.
Bank Details and Location
UniCredit S.P.A. is headquartered at Corso Padova 140D, Vicenza, VI, 36100, Italy . When initiating an international transfer, verifying both the SWIFT/BIC code and the bank’s address helps prevent processing issues.
Why SWIFT/BIC Codes Matter
SWIFT/BIC codes enhance the efficiency and security of international payments. Whether sending funds for business transactions, investments, or personal remittances, this system ensures accuracy. Always double-check:
- The recipient’s bank name and address
- The correct SWIFT/BIC code
- Any additional routing details required by intermediary banks
Receiving Funds with SWIFT/BIC Codes
These codes are equally important for incoming transfers. Providing the correct SWIFT/BIC to senders minimizes delays and extra fees. Confirm the details with your bank before sharing them.
Understanding SWIFT/BIC codes is essential for seamless global transactions. With proper preparation, individuals and businesses can avoid common pitfalls in international banking.