SWIFT Code UNGCIT21 — UNICREDIT CREDIT MANAGEMENT BANK SPA, VERONA

About SWIFT Code UNGCIT21 — UNICREDIT CREDIT MANAGEMENT BANK SPA, VERONA

SWIFT code UNGCIT21 is the official 8-character head-office BIC (Bank Identifier Code) for UNICREDIT CREDIT MANAGEMENT BANK SPA in VERONA, Italy. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by UNICREDIT CREDIT MANAGEMENT BANK SPA for all outward international remittances from VERONA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code UNGCIT21

The code UNGCIT21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code UNGCIT21

Receiving International Wire Transfers

To receive money from abroad at your UNICREDIT CREDIT MANAGEMENT BANK SPA account in VERONA, share SWIFT code UNGCIT21 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at UNICREDIT CREDIT MANAGEMENT BANK SPA, VERONA must provide SWIFT code UNGCIT21. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using UNICREDIT CREDIT MANAGEMENT BANK SPA in VERONA rely on SWIFT code UNGCIT21 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for UNICREDIT CREDIT MANAGEMENT BANK SPA →

For cheque clearing or NACH mandates, use the MICR code for UNICREDIT CREDIT MANAGEMENT BANK SPA →

For TDS challan deposits, find the BSR code for UNICREDIT CREDIT MANAGEMENT BANK SPA →

How SWIFT Code UNGCIT21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code UNGCIT21 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to UNICREDIT CREDIT MANAGEMENT BANK SPA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: UNICREDIT CREDIT MANAGEMENT BANK SPA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code UNGCIT21

• Spaces or lowercase letters — Always enter UNGCIT21 uppercase with no spaces.
• Using the wrong city — This code is for VERONA only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Italy.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm UNGCIT21 directly with UNICREDIT CREDIT MANAGEMENT BANK SPA's VERONA branch or via the SWIFT BIC Directory.