Banca Centropadana-Credito Cooperativo Scrl SWIFT/BIC code

SWIFT/BIC code of Banca Centropadana-Credito Cooperativo Scrl

If an invoice shows ICRAITR1 or ICRAITR1901, it is the same address for Banca Centropadana-Credito Cooperativo Scrl in Italy. Banks worldwide use these codes to route payments between countries to the right institution. In practice you mostly come across the code on international invoices, in payment forms and in the bank details of Banca Centropadana-Credito Cooperativo Scrl customers.

On this page you can read how the code means, when you need it and which other details a transfer to or from Banca Centropadana-Credito Cooperativo Scrl requires. The SWIFT code on its own cannot identify an individual account holder; for that you need the account number or IBAN .

Do you need ICRAITR1 for a SEPA transfer?

Since Italy is in SEPA, a euro payment into Banca Centropadana-Credito Cooperativo Scrl from within the SEPA area usually requires just an IBAN. Most banking apps do not require the BIC in that case.

Outside the euro and for senders outside SEPA, ICRAITR1901 is still part of the payment details. Some banks and apps also ask for the BIC; in that case, enter ICRAITR1.

Euro payments within SEPA usually arrive by the next business day; instant payments are faster if both banks offer them. Charges on SEPA payments are generally low as long as everything stays in euros.

Euro (EUR) and conversion costs

Accounts at Banca Centropadana-Credito Cooperativo Scrl are usually held in EUR, the national currency of Italy. Money sent in a different currency is exchanged into EUR on its way to Banca Centropadana-Credito Cooperativo Scrl, and whoever converts it chooses the rate. Every conversion costs the amount.

Who converts the payment makes a difference. Sending the money already in EUR usually prevents a second conversion at the receiving end.

Exchange rates change during the day. On larger amounts, a small difference in the rate adds up quickly.

What to give a sender who pays you at Banca Centropadana-Credito Cooperativo Scrl

A sender in another country will ask for several details from you – incomplete details often cause delays. The basics are: the account holder’s name, IBAN or account number, ICRAITR1901 and often your postal address.

Certain banks want the address of Banca Centropadana-Credito Cooperativo Scrl, so keep it at hand. A typo in the IBAN is more trouble than it looks; copy them from your banking app rather than typing.

Money from abroad will not always land for the full amount. Fees for incoming transfers differ per bank; check the price list of Banca Centropadana-Credito Cooperativo Scrl. For business payments, it is common to state how the fees are split, so that nobody is left short.

How up to date is this code?

The codes here are taken from public sources. Banks reorganise, change names and retire codes – a directory can be a step behind. The figures on this page are based on our own data, not official figures from Banca Centropadana-Credito Cooperativo Scrl.

For any payment of any size, always confirm the BIC with Banca Centropadana-Credito Cooperativo Scrl or with the recipient. GoldexPay is not affiliated with Banca Centropadana-Credito Cooperativo Scrl; we are a comparison site for money transfers. If you notice something that is out of date, we appreciate a short note via the contact page.

What the XXX in ICRAITR1901 means

Each SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. In this case, that core is ICRAITR1.

Many banks and apps accept either length. If yours requires eleven characters, enter ICRAITR1901.

In practice the code is written in capitals, without spaces or dashes. Look out for the letter O and the digit 0 or the letter I and the digit 1, a common source of typos.

How long does an international transfer to Banca Centropadana-Credito Cooperativo Scrl take?

A SWIFT payment typically needs one to a few business days. Weekends and public holidays in either country add a day or more to the journey. Compliance checks on larger or unusual payments may also add a delay, even when all details are correct.

When a payment takes longer than expected, ask your bank for the status. Save the payment confirmation; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the sender should start with their own bank rather than Banca Centropadana-Credito Cooperativo Scrl. On the receiving end, it helps to check your statements to see a slightly lower amount.

Choosing between the 29 SWIFT codes of Banca Centropadana-Credito Cooperativo Scrl

Banca Centropadana-Credito Cooperativo Scrl has 29 different SWIFT/BIC codes across 25 locations. One of them is the head office code, ICRAITR1901; the rest belong to branches.

If nobody asks you for a branch code, go with ICRAITR1901. Branch codes are only needed if the recipient’s bank specifically mentions it, which is more common for business accounts and specialised services.

The best way is to take the code directly from the account holder’s statement. Codes for branches are more prone to change than ICRAITR1901.

Before you send: check the Banca Centropadana-Credito Cooperativo Scrl code

Have the recipient send you the account details straight from a recent statement. Compare that code with ICRAITR1 on this page; if they differ, ask before you pay.

A wrong SWIFT code can cause a delay, a returned payment or extra fees. Remember the IBAN: an error there is harder to correct than a wrong code.

Most online banking apps check the format of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. Some banks now compare the name with the account before you confirm – do not ignore a mismatch warning. For a first payment, many people send a small amount first before sending the rest.

Protect yourself against fake payment requests

Stay wary if a contact unexpectedly wants you to pay into another account abroad. A valid SWIFT code says nothing about whether the request is genuine.

Always verify changed bank details through a phone call. Watch out for urgent requests, unusual wording or an email address that differs by one letter. When a payment has already gone to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

People receiving money can be targeted as well: a classic trick is an overpayment and then sends a request to send back the difference. Wait until the money is actually in your account and check with Banca Centropadana-Credito Cooperativo Scrl if anything seems off.

Paying someone abroad from your Banca Centropadana-Credito Cooperativo Scrl account

When you send money abroad through Banca Centropadana-Credito Cooperativo Scrl, the visible fee is rarely all of the cost. You pay the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, above all, the margin on the exchange rate when the money is converted.

Many banks rarely list their exchange rate markup as a cost, but you pay it all the same. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Specialised transfer providers often use rates closer to the mid-market rate. GoldexPay compares transfer providers side by side so you can see the amount the recipient gets for the same amount sent. Choosing a specialist does not mean leaving Banca Centropadana-Credito Cooperativo Scrl: you simply pay the service from your account.