Banca di Credito Cooperativo Bergamasca e Orobica S.c. SWIFT/BIC code

ICRAITR1 – the SWIFT/BIC code of Banca di Credito Cooperativo Bergamasca e Orobica S.c.

Whether you are given ICRAITR1 or ICRAITR1Q42, it is the identical address for Banca di Credito Cooperativo Bergamasca e Orobica S.c. in Italy. A BIC has a single purpose: it ensures that an international payment ends up at the right bank. It comes up mostly for payments that cross a border.

On this page you will find how the code means, when you need it and which other details you need for a transfer to or from Banca di Credito Cooperativo Bergamasca e Orobica S.c.. The BIC identifies an institution, not a specific account, which is why you always need the account number too.

Scams that use SWIFT codes

One of the most common tricks goes like this: you receive a message claiming that a supplier now has a new bank account and asking you to pay there from now on. A real SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Check new bank details through a separate channel like a call to a number from an earlier contract. Watch out for time pressure, unusual wording or an email address that differs by one letter. Already paid? Call the bank you paid from without delay and ask them to start a recall and report the fraud.

Fraud also work the other way: someone sends more than agreed and wants you to refund the difference to a new account. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

Verifying the SWIFT code of Banca di Credito Cooperativo Bergamasca e Orobica S.c.

Have the recipient copy the account details directly from their banking app. When the code you were given differs from ICRAITR1 or ICRAITR1Q42, stop and ask – contact the recipient or Banca di Credito Cooperativo Bergamasca e Orobica S.c..

An incorrect BIC can cause delays, a returned payment or additional charges for investigation. A mistake in the account number can be more serious because it can reach the wrong person; check it just as carefully.

An automatic check by your bank merely tells you that the IBAN is valid, not that it is the right account. If your bank offers it, a name check on the recipient gives an extra layer of safety. A small test payment is a sensible step for large sums despite the extra fee.

Euro (EUR) and conversion costs

The currency of Italy is the Euro (EUR). Money sent in a different currency is exchanged into EUR on its way to Banca di Credito Cooperativo Bergamasca e Orobica S.c. – and the bank that does it picks the rate. You rarely see a separate line for the conversion – the cost sits in the rate.

Who does the conversion has an effect on the final amount. Compare what EUR arrives via different services; the difference between options can be larger than you expect.

Exchange rates move during the day, and some providers let you lock in a rate. With bigger transfers, even small gap in the rate adds up quickly.

Which of the 29 codes of Banca di Credito Cooperativo Bergamasca e Orobica S.c. do you need?

Banca di Credito Cooperativo Bergamasca e Orobica S.c. has 29 different SWIFT/BIC codes across 25 locations. Only one is the head office code, ICRAITR1Q42; the rest belong to branches.

Unless the recipient tells you otherwise, use ICRAITR1Q42 or its short form ICRAITR1. When you receive a branch code, use it as it is instead of replacing it for the head office code.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Codes for branches are more likely to be retired than the head office code when a bank merges or closes offices.

Incoming international payments to Banca di Credito Cooperativo Bergamasca e Orobica S.c.

A sender in another country needs a few details about your account, and missing ones are a common cause of delays. Give them your name as the bank knows it, the IBAN or account number, the BIC ICRAITR1Q42 and your address.

You can add the bank name and its city too, because some payment forms have separate fields for them. A mistake in your account number can be harder to fix than it looks.

Money from abroad does not always land in full. Intermediary banks may deduct a fee, and if the money is converted, an exchange rate margin applies. Agree with the sender who covers the fees.

How up to date is this code?

The details on this page are taken from publicly available data. Institutions merge, change names and change codes. The figures we show reflect our own data and not on information from Banca di Credito Cooperativo Bergamasca e Orobica S.c. itself.

For a payment that matters, check the BIC with the recipient’s bank or the recipient. GoldexPay has no connection to Banca di Credito Cooperativo Bergamasca e Orobica S.c., we only compare transfer services. Spotted outdated information? Let us know through the contact page and we will look into it.

Euro transfers to Banca di Credito Cooperativo Bergamasca e Orobica S.c.: is a BIC needed?

Italy is a member of the SEPA area. When you send euros within SEPA, the IBAN is usually enough; many banks no longer ask for the BIC.

The BIC still matter when the currency is not euros. If a payment form asks for the BIC anyway, entering ICRAITR1 is fine.

Euro payments within SEPA usually arrive within one business day, and instant transfers in seconds where both banks support them. Fees for SEPA payments are generally low, as long as no currency conversion is involved.

Paying someone abroad from your Banca di Credito Cooperativo Bergamasca e Orobica S.c. account

The price of a payment abroad is made up of several parts, and the transfer fee is only the most visible one. Besides the transfer fee, banks in between can deduct a fee, and when the money changes currency the bank usually applies a rate below the real market rate.

The real cost is often in the rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Money transfer services often use rates closer to the mid-market rate and lower fees. GoldexPay compares the amount that arrives with different services. Using a transfer service does not require leaving Banca di Credito Cooperativo Bergamasca e Orobica S.c.: you simply pay the service from your account.

ICRAITR1 or ICRAITR1Q42 – 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 two for the location, sometimes followed by a branch code. Combined, these eight characters make up ICRAITR1, the code most people search for.

The long version adds three more characters that identify a branch or department. If the last three are XXX, they simply mean the head office, so ICRAITR1Q42 and ICRAITR1 are interchangeable.

Do not add spaces, dots when you type ICRAITR1 or ICRAITR1Q42. Watch for O versus 0 and the letter I and the digit 1; they are easy to mix up.

Tracking a transfer to or from Banca di Credito Cooperativo Bergamasca e Orobica S.c.

How quickly a payment reaches Banca di Credito Cooperativo Bergamasca e Orobica S.c. is determined by a few things: the currency, the number of banks in between, cut-off times and differences in time zone. Bank holidays in the sending or receiving country add extra days. Extra checks by one of the banks can also add a delay, regardless of the details.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment carries a unique transaction reference, the UETR that banks can use to trace it. Keep your transfer receipt – you will need it for any trace request.

Only the sending bank can 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 – it helps your own bank look for the money.