Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop. SWIFT/BIC code

SWIFT/BIC code of Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop.

The short code ICRAITR1 and the 11-character code ICRAITR1TWG refer to the same bank: Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop., with its head office in Caravaggio. Every bank on the SWIFT network uses these codes to direct payments between countries to the correct bank. In daily life you usually see it on international invoices, in your banking app and in the bank details that Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop. provides.

We wrote this page to help anyone who pays into an account at Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop. without mistakes. A SWIFT code names an institution, never a specific account.

Sending money abroad from Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop.

The price of a payment abroad is made up of more than one component – not just the fee on your screen. You pay the transfer fee, possibly charges from correspondent banks along the way and, most importantly, the exchange rate markup if the currency changes.

Many banks do not show their exchange rate markup separately, but you pay it all the same. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Money transfer services often offer rates closer to the mid-market rate. GoldexPay compares what recipients receive across providers. You can always use your account at Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop..

Euro transfers to Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop.: is a BIC needed?

Within the SEPA zone, euro transfers to an account in Italy use the same rules and in most cases need only the IBAN. A field for the BIC is often optional in that case.

You still need ICRAITR1TWG when sending payments in other currencies or transfers from countries outside SEPA. Some banks and apps still ask for the BIC out of habit; in that case, enter ICRAITR1.

Instant payments in euros have become widely supported across SEPA; check with Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop. whether it applies to your account. Charges on SEPA transfers tend to be low, as long as no currency conversion is involved.

Watch out for payment fraud

A common scam works like this: an email arrives with a message saying that a contact now has a new bank account and that the next payment should go there. A correct SWIFT code says nothing about whether the request is genuine.

Check new bank details via a different channel. Pressure and requests to keep it quiet are warning signs – a real supplier can wait a day. When money was sent to the wrong account, call your bank right away.

Fraud can also target the receiver. Someone claims to have sent too much and asks you to refund the extra to a new account. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

Is ICRAITR1 still correct? How to check

Have the recipient send you their account details straight from their banking app. When the code you were given does not match ICRAITR1 or ICRAITR1TWG, do not guess.

Errors in the SWIFT code tend to be costly rather than fatal – usually the money comes back, minus fees and time lost. Do not forget the account number: a mistake there can be harder to correct than a wrong code.

Many banking apps validate the structure of an IBAN – that confirms the format, not the owner. Where available, a name check before sending gives an extra layer of safety. For a first payment, many people start with a small amount first and wait for confirmation.

Where our SWIFT data comes from

The details here are taken from public sources which we refresh regularly. Institutions merge, change names and retire codes – a directory can be a step behind. The figures on this page are based on what is in our directory.

Use our data as a starting point, not as the final word. GoldexPay is independent of Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop., we only compare transfer services. Spotted outdated information? Tell us via our contact form so we can correct it.

Tracking a transfer to or from Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop.

There is no fixed answer: some land within a day, others take several business days. Payments made late in the day or just before weekends and holidays often go out the next business day. Extra checks by one of the banks may also cause some delay, even when all details are correct.

If the money seems delayed, ask your bank about the status and the transaction reference; with that reference banks can see where the payment is. Keep the payment confirmation until the money has arrived – you will need it for any trace request.

The bank that sent the money is able to request a trace or a recall; the receiving side usually has nothing to trace yet. Request from the sender a copy of the payment confirmation including the reference – it helps your own bank look for the money.

ICRAITR1 or ICRAITR1TWG – which one to use?

The layout of every SWIFT code is always the same: four characters for the institution, a two-letter country code and a two-character location code. In this case, that core is ICRAITR1.

XXX at the end of ICRAITR1TWG is not a missing value or an error: it stands for the main office of Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop.. Certain payment forms insist on 11 characters, and then you can enter XXX behind ICRAITR1.

Enter the code as one block, in upper case and without spaces, exactly as shown here. Copying the code is safer than retyping it: a typo can point to another bank.

The Euro and what conversion costs you

Accounts at Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop. are usually held in EUR, the local currency of Italy. Money sent in a different currency is converted into EUR before it reaches the account – and the bank that does it picks the rate. Every conversion eats into something, even when no fee is shown.

Who converts the payment matters. Often you pay less if you send EUR directly via a provider that converts near the mid-market rate rather than letting the receiving bank convert.

Exchange rates change during the day – some services let you fix a rate in advance. With bigger transfers, a small gap in the rate adds up quickly.

Receiving money from abroad at Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop.

Someone abroad who wants to pay you needs a few details from you. That means: your full name as registered with Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop., your account number or IBAN, the SWIFT/BIC code ICRAITR1TWG (or ICRAITR1) and, often, your postal address.

The sender’s bank may request the bank address of Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop.; the head office in Caravaggio is usually fine. Double-check every detail before you send them.

Money from abroad does not always land for the full amount. Fees for incoming transfers vary per bank – the price list of Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop. tells you what applies. Agree with the sender who pays which costs before the money is sent.

Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop.: head office code versus branch codes

Our directory lists 19 SWIFT/BIC codes for Banca Cremasca e Mantovana Credito Cooperativo Soc. Soop.. Besides the head office code ICRAITR1TWG, you will find codes for individual branches and departments.

If nobody asks you for a branch code, use ICRAITR1TWG. Branch codes are only needed when the account holder explicitly asks for it.

Unsure which code applies? Check with the recipient. Branch codes are sometimes changed or retired when banks reorganise.