SWIFT/BIC code CTRAITR1XXX
CTRAITR1XXX belongs to Cofintrade International Sim in Roma, Italy.
Code details
| SWIFT/BIC code | CTRAITR1XXX |
|---|---|
| 8-character code | CTRAITR1 |
| Branch code | XXX |
| Bank | Cofintrade International Sim |
| Branch | Head office |
| City | Roma |
| Country | Italy |
How the Cofintrade International Sim SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CTRA Bank code
- 4 letters that identify the bank.
- IT Country code
- 2 letters for the country (ISO 3166).
- R1 Location code
- 2 characters for the city or region of the head office.
- XXX 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 institution is behind SWIFT code CTRAITR1XXX?
CTRAITR1XXX is the SWIFT/BIC code of the headquarters of Cofintrade International Sim in Roma, Italy. It is the code to use when you send money to an account at Cofintrade International Sim.
What is the cheapest way to send money to Cofintrade International Sim in Italy?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
What do the letters in CTRAITR1XXX stand for?
CTRA is the institution code of Cofintrade International Sim, IT is the ISO code of Italy, R1 is the location code and XXX means the head office.
What happens if I use CTRAITR1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Always check CTRAITR1XXX with the recipient before you confirm.
Does Cofintrade International Sim use only one SWIFT/BIC code?
Yes, CTRAITR1XXX is the only SWIFT/BIC code listed for Cofintrade International Sim in Italy, so there is no branch code to choose.
Do I need CTRAITR1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need CTRAITR1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.