Banca di Credito Cooperativo di Basciano SWIFT/BIC code

Banca di Credito Cooperativo di Basciano SWIFT code: ICRAITRR

ICRAITRR and ICRAITRR450 are two ways of writing the same bank identifier, and both lead to Banca di Credito Cooperativo di Basciano in Basciano. A SWIFT code shows the sending bank which institution should receive the money, a bit like a postal address for banks. It comes up mainly when dealing with transfers between countries or a currency.

On this page you will find what the code is put together, when you need it and what else a transfer to or from Banca di Credito Cooperativo di Basciano requires. The SWIFT code on its own does not identify an individual account holder; for that you need the account number or IBAN .

Receiving money from abroad at Banca di Credito Cooperativo di Basciano

For a transfer from abroad at Banca di Credito Cooperativo di Basciano, the sender needs not just the BIC. That means: your name as registered with Banca di Credito Cooperativo di Basciano, your account number or IBAN, the BIC ICRAITRR450 (or ICRAITRR) and usually your postal address.

Their bank may request the bank address of Banca di Credito Cooperativo di Basciano. A mistake in your account number can be harder to fix than you might think; copy them from your banking app rather than typing.

The amount you receive can be less than what was sent. Fees for incoming transfers vary from bank to bank. Make clear with the sender who covers the fees.

Changed bank details? Be careful

Scammers often use fake invoices with changed bank details, sometimes in an email that looks completely genuine. A correct SWIFT code says nothing about whether the request is genuine.

Before paying, verify changed bank details by phone, using a number you already had. Watch out for time pressure, unusual wording or a sender address that is slightly off. Acted too fast? Contact your bank without delay and ask them to try to recall the payment.

Fraud also target the receiver. Someone sends more than agreed and asks you to refund the extra to a new account. Wait until the money has really arrived and check with Banca di Credito Cooperativo di Basciano if anything seems off.

Paying into Banca di Credito Cooperativo di Basciano in EUR

The local currency in Italy is the Euro (EUR). If you send money in a different currency it gets converted somewhere along the way. You rarely see a separate line for that conversion.

Which bank converts the money makes a difference, because each party uses its own rate. Sending the money already in EUR often avoids a second conversion by Banca di Credito Cooperativo di Basciano, provided the rate you get is fair.

The rate for EUR fluctuates constantly. If you pay regularly, a slightly better rate make a real difference over a year.

Choosing between the 5 SWIFT codes of Banca di Credito Cooperativo di Basciano

With 5 codes, Banca di Credito Cooperativo di Basciano belongs to the banks that use separate codes for branches and departments. The main code is ICRAITRR450.

If nobody asks you for a branch code, use ICRAITRR450 or its short form ICRAITRR. Only use a branch code when the account holder explicitly asks for it.

Not sure which code applies? Check with the recipient. Branch codes can change when banks reorganise, so do not rely on old paperwork.

Before you send: check the Banca di Credito Cooperativo di Basciano code

The most reliable place for the right code remains paperwork issued by the bank like a bank statement or the account page in online banking. If the code you have differs from ICRAITRR or ICRAITRR450, do not guess.

If the code is wrong, the payment might get stuck, be returned or cost extra. An error in the account number can be a bigger problem because it can reach the wrong person.

A validity check in your banking app merely tells you that the code exists – not that it belongs to the person you mean to pay. More and more banks compare the name with the account before you confirm. A small test payment is worth it for large sums.

Why Banca di Credito Cooperativo di Basciano has an 8- and an 11-character code

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, a two-letter country code and a two-character location code. Combined, those parts form ICRAITRR.

XXX at the end of ICRAITRR450 does not stand for a placeholder or a mistake: it stands for the main office of Banca di Credito Cooperativo di Basciano. Certain payment forms insist on 11 characters, in which case you simply enter XXX behind ICRAITRR.

Type the code in one piece, in capitals and without separators, exactly as shown here. Pasting the code is safer than typing it by hand.

Transfer times and tracking a payment to Banca di Credito Cooperativo di Basciano

There is no single answer for international payments: many land within a day, others take several business days. Weekends and public holidays in either country can add a day or more to the journey. Compliance checks on larger or unusual payments can also add a delay, even when all details are correct.

When a payment takes longer than expected, ask your bank about the status or the UETR so they can trace it along the chain. Keep the payment confirmation – you will need it for any trace request.

If a payment has not arrived within the expected time, the person who paid needs to start with the bank that sent it, not the receiving bank. Ask the sender for a copy of the payment confirmation including the reference.

Where our SWIFT data comes from

Our SWIFT/BIC directory is based on public sources. Still, banks merge or retire codes and our data may lag behind. Counts and locations are from our own dataset and may differ from what Banca di Credito Cooperativo di Basciano publishes.

Use this page as a reference, rather than as the final word – the bank details from the recipient are leading. We are an independent comparison site and not affiliated with Banca di Credito Cooperativo di Basciano. If you notice something that is out of date, we welcome a short note.

SEPA payments and the Banca di Credito Cooperativo di Basciano BIC

Italy is a member of the Single Euro Payments Area (SEPA). For a regular euro transfer within SEPA, the IBAN is usually enough and the BIC is often filled in automatically.

You still need ICRAITRR450 for payments in other currencies or money from outside the SEPA area. A few forms still ask for the BIC out of habit; in that case, enter ICRAITRR or ICRAITRR450.

SEPA transfers usually arrive within one business day; instant payments are faster if both banks offer them. Fees for SEPA transfers tend to be low.

Sending money abroad from Banca di Credito Cooperativo di Basciano

An international bank payment costs more than the fee suggests. Besides a fixed fee, correspondent or intermediary banks can take a cut, and if currencies are converted the bank usually applies a rate below the actual market rate.

The real cost is often in the rate, not in the fee: the bank converts using an exchange rate with a margin built in. A simple test: set the rate you get next to the mid-market rate and look at the difference.

Specialised transfer providers often offer rates closer to the mid-market rate and lower fees. GoldexPay compares these services next to each other so you can see the amount the recipient gets before you commit. You can still keep your account at Banca di Credito Cooperativo di Basciano as the source of the money.