Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. SWIFT/BIC code

What ICRAITR1 means for a payment to Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop.

Whether a recipient gives you ICRAITR1 or ICRAITR1EPG, it is the identical identifier for Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. in Italy. A SWIFT code tells the sending bank which institution should receive the money. In daily life you mostly come across it on international invoices, in payment forms and on the account details of Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. customers.

Further down we go through the practical side: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you confirm a payment. The SWIFT code alone cannot identify an individual account holder; that is what the account number or IBAN is for.

Incoming international payments to Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop.

A sender in another country needs several details from you, and missing ones are a common cause of delays. What they need is: the account holder’s name, account number or IBAN, ICRAITR1EPG or ICRAITR1 and often your home address.

Certain banks want the bank’s address in Torino. A typo in the IBAN can be harder to fix than you might think.

Money from abroad will not always arrive in full. Charges on incoming payments vary from bank to bank. Make clear with the sender who covers the fees, especially for larger amounts.

What a transfer from Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. abroad really costs

What you pay for an international transfer has more than one component. Besides a fixed fee, banks in between can take a cut, and when currencies are converted the bank usually uses a rate that is less favourable than the real market rate.

The real cost is often in the rate, rather than in the fee: the bank converts at a rate with a margin built in. Check the rate you are offered against the mid-market rate. The difference is your real conversion cost.

Money transfer services frequently use rates closer to the mid-market rate with clearer fees. Next time you send money, take a minute comparing the total cost on GoldexPay rather than accepting the bank’s rate by default. Choosing a specialist does not mean closing your account at Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop.: you simply pay the service from your account.

Watch out for payment fraud

A common scam works like this: you receive a message saying that a contact has new bank details. A valid SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Do not rely on a phone number in the same message that contains the change. Watch out for urgent requests, odd spelling or an email address that differs by one letter. When money was sent to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Fraud also work the other way. Someone sends too much and wants you to refund the difference via a different route. Wait until the money has really arrived and check with Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. if anything seems off.

ICRAITR1 or ICRAITR1EPG – which one to use?

The structure of every SWIFT code never changes: four characters for the institution, two for the country and a two-character location code, plus an optional branch code. That gives you ICRAITR1 for Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop..

XXX at the end of ICRAITR1EPG is not a placeholder or an error: it indicates the main office of Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop.. Certain payment forms insist on 11 characters, and then you can add XXX behind ICRAITR1.

Do not add spaces or dashes when you enter ICRAITR1; the code is always written in one block. A wrong letter may route the money to a different institution, so copy it carefully.

Before you send: check the Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. code

Ask the recipient to copy the account details straight from their banking app. When the code you were given does not match ICRAITR1 or ICRAITR1EPG, stop and ask: check with the recipient or with Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. directly.

Mistakes in the SWIFT code tend to be annoying more than disastrous: often the payment comes back, minus fees. Do not forget the IBAN: an error there is harder to correct than a wrong code.

Most online banking apps validate the format of IBANs and some suggest the matching BIC. More and more banks compare the name with the account. When you pay someone new, some people start with a small test amount.

Where our SWIFT data comes from

We gather bank codes using publicly available data and check our list regularly. It is possible that information here is out of date after a merger or reorganisation. The figures we show reflect what is in our directory.

Treat the information here as a helpful check, and let the details from the recipient or Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. have the final say. GoldexPay has no connection to Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop.. Found outdated information? Let us know through the contact page.

Paying into Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. in EUR

Most accounts at Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. are usually held in EUR, the local currency of Italy. If you send money in a different currency it gets converted at some point. Every conversion eats into the amount.

Where the conversion happens has an effect on how much arrives, as rates and margins differ per bank. In many cases you pay less if you send EUR straight away via a transfer service with a good rate, so that the receiving bank does not need to convert again.

The rate for EUR changes throughout the day, so the amount you see is usually only valid for a short time. On larger amounts, even small difference in the rate adds up quickly.

Transfer times and tracking a payment to Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop.

How fast a payment arrives at Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. depends on several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Transfers sent late in the day or just before weekends and holidays usually start a business day later. Sometimes a bank wants to know what the payment is for before releasing it.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every payment carries a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services often provide a status in their app so you can see where the money is.

A delayed transfer has to be investigated from the sending side. As a recipient, it helps to check your statements for a partial amount because fees can reduce the amount.

Paying Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. in euros within SEPA

Inside SEPA, euro transfers to an account in Italy follow the same rules and in most cases need only the IBAN. A field for the BIC is often optional for those payments.

Outside the euro and from non-SEPA countries, ICRAITR1EPG or ICRAITR1 remains part of the payment details. If your banking app asks for the BIC anyway, adding ICRAITR1 is fine.

Instant euro transfers have become widely supported within SEPA. Provided the payment stays in euros, the transfer tends to be cheap.

Head office or branch code at Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop.?

Banca di Credito Cooperativo di Alba Langhe e Roero-Soc.coop. has 2 separate SWIFT/BIC codes across 1 locations. One of them is the head office code, ICRAITR1EPG; the others identify branches, and sometimes internal departments.

Unless the recipient tells you otherwise, use ICRAITR1EPG. When you receive a specific code, use it as it is instead of replacing it for the head office code.

Unsure which code to use? Check with the recipient. Codes for branches are more likely to be retired than the head office code.