Banca D'alba Credito Cooperativo SWIFT/BIC code

SWIFT/BIC code of Banca D'alba Credito Cooperativo

Whether a recipient gives you ICRAITR1 or ICRAITR1EP8, it is the identical address for Banca D'alba Credito Cooperativo in Italy. A SWIFT code tells every bank in the chain exactly which bank is meant to get the money, a bit like a postal address for banks. In practice you mostly come across the code on international invoices, in payment forms and on the account details of Banca D'alba Credito Cooperativo customers.

This page is meant to help people who pays into an account at Banca D'alba Credito Cooperativo. Remember that the SWIFT code just identifies the bank, not the person: the account number or IBAN takes care of that.

Which of the 31 codes of Banca D'alba Credito Cooperativo do you need?

Banca D'alba Credito Cooperativo uses 31 different SWIFT/BIC codes. One of them is the head office code; the others belong to branches or departments, and sometimes internal departments.

For most incoming transfers, the head office code ICRAITR1EP8 works fine. Only use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

The safest approach is to copy the code straight from the account holder’s bank details. Branch codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

Watch out for payment fraud

Fraudsters often use fake invoices with changed bank details. The fact that ICRAITR1 exists is no guarantee that the account is legitimate; criminals use the codes of real banks too.

Do not rely on contact details from the same email that contains the new account. Pressure or secrecy are red flags; a genuine business can wait for you to check. Already paid? Call your bank without delay and ask them to start a recall; also report it to the police.

Recipients are targeted too: one known trick is an overpayment followed by a request to send back the difference to another account. A screenshot of a transfer proves nothing.

Before you send: check the Banca D'alba Credito Cooperativo code

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. If the code you have does not match ICRAITR1 or ICRAITR1EP8, stop and ask – contact the recipient or Banca D'alba Credito Cooperativo.

With a wrong code, the transfer may be delayed, bounce back or cost extra. Remember the account number: an error there is harder to undo than a wrong BIC.

A validity check by your bank only confirms that the code exists – not that it belongs to the person you mean to pay. Some banks now compare the payee name with the account; take any warning seriously. Sending a small amount first can be a sensible step for a large first payment despite the extra fee.

Why Banca D'alba Credito Cooperativo has an 8- and an 11-character code

The layout of every SWIFT code never changes: a bank code of four letters, a two-letter country code and a two-character location code. For Banca D'alba Credito Cooperativo, that core is ICRAITR1.

XXX at the end of ICRAITR1EP8 is not a placeholder or an error: it indicates the head office of Banca D'alba Credito Cooperativo. Some forms ask for 11 characters, in which case you simply add XXX after ICRAITR1.

Leave out spaces when you type ICRAITR1. Copying the code is safer than retyping it, because one wrong letter changes the bank.

What to give a sender who pays you at Banca D'alba Credito Cooperativo

When you are waiting for a payment from another country, give the sender a complete set of details. Share your name as the bank knows it, your account number or IBAN, the BIC ICRAITR1EP8 and your address, which some banks require.

You can add the bank name and its city too, since some forms ask for it. A typo in the IBAN is harder to fix than it looks.

Do not be surprised if the amount credited is below what the sender paid. Intermediary banks may deduct a fee, Banca D'alba Credito Cooperativo may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. Agree with the sender who covers the fees.

The Euro and what conversion costs you

Most accounts at Banca D'alba Credito Cooperativo are usually held in EUR, the local currency of Italy. If you send another currency gets converted somewhere along the way. You rarely see a separate charge for the conversion.

Which bank converts the money makes a difference, because each party uses its own rate. Often you pay less if you send EUR straight away via a provider with a good rate.

Exchange rates change all the time. With bigger transfers, even small gap in the rate can be worth more than the fee.

Euro transfers to Banca D'alba Credito Cooperativo: is a BIC needed?

Italy is a member of the SEPA area, the zone for standardised euro payments. When you send euros from another SEPA country, you normally only need the IBAN; many banks no longer ask for the BIC.

The BIC still matter when the currency is not euros, and for transfers from outside SEPA. If your banking app has a field for the BIC regardless, adding ICRAITR1 is fine.

Euro payments within SEPA usually arrive within one business day; instant payments are faster if both banks offer them. As long as no currency is converted, the transfer tends to be inexpensive.

What a transfer from Banca D'alba Credito Cooperativo abroad really costs

The price of an international transfer has more than one component – not just the fee on your screen. Besides a fixed fee, correspondent or intermediary banks may take a cut, and when the money changes currency, the bank usually applies a rate below the actual market rate.

The real cost is often in the rate, not in the fee: many banks convert at a rate that includes a margin. Compare the rate you are offered against the mid-market rate; the gap is what conversion costs you.

Specialist money transfer services often offer rates closer to the mid-market rate. Next time you send money, it is worth comparing what arrives on GoldexPay. Choosing a specialist does not require closing your account at Banca D'alba Credito Cooperativo – you pay the provider from your own account.

When will the money arrive at Banca D'alba Credito Cooperativo?

There is no fixed delivery time for international payments: some land the same day or the next, others take several business days. Payments made late in the day or on a weekend or public holiday often go out a business day later. Compliance checks on larger or unusual payments can also cause a delay.

A growing number of banks use SWIFT gpi. Every gpi transfer carries a unique transaction reference, the UETR. Keep your transfer receipt until the money has arrived.

If the money does not arrive within the expected time, the sender needs to start with their own bank rather than Banca D'alba Credito Cooperativo. Ask the sender for a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

About this information

The details here are taken from public sources. Still, banks merge, rename themselves or retire codes. The figures we show reflect our own data.

For a payment of any size, check the code with Banca D'alba Credito Cooperativo or the recipient. GoldexPay is an independent comparison service and not part of Banca D'alba Credito Cooperativo. Should you notice a mistake, we welcome a message via the contact page.