Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop. SWIFT/BIC code

ICRAITR1 – the SWIFT/BIC code of Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop.

The 8-character code ICRAITR1 and the 11-character code ICRAITR1BZ4 refer to the same bank: Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop., with its head office in Albanella. A SWIFT code shows the banks handling a payment which institution is meant to get the money. In daily life you usually see it on invoices from abroad, in your banking app and in the bank details that Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop. provides.

Below we go through the practical side: money coming in from abroad, sending money abroad and how to verify the code before you hit send. The SWIFT code alone cannot identify an individual account holder; that is what the account number or IBAN is for.

Paying into Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop. in EUR

Italy uses the Euro, with the currency code EUR. When you pay another currency it gets converted somewhere along the way. There is rarely a separate charge for the conversion.

Which bank converts the payment makes a difference. Sending the money already in EUR usually prevents an extra conversion – as long as your own rate is good.

The EUR rate fluctuates throughout the day, so the amount you see is usually only valid for a short time. If you pay regularly, small differences in the rate add up over time.

Watch out for payment fraud

Criminals often send payment requests with changed bank details sent from what looks like a familiar address. The fact that ICRAITR1 exists does not mean that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Verify changed bank details via a separate channel, not by replying to the message. Urgency and requests to keep it quiet tend to be warning signs – a real supplier can wait a day. Acted too fast? Contact your bank without delay and ask them to start a recall.

People receiving money are targeted too: a classic trick is an overpayment and then sends a request to send back the difference to another account. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Is ICRAITR1 still correct? How to check

Ask the recipient to send you the account details directly from their online banking. When the code you were given differs from ICRAITR1 or ICRAITR1BZ4, stop and ask: check with the recipient or with Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop. directly.

Mistakes in the BIC are costly rather than disastrous: often the payment comes back, minus fees. A mistake in the IBAN or account number can be a bigger problem, because the money may be credited to someone else.

Most online banking apps check the structure of an IBAN and some suggest the matching BIC, but that does not prove the account belongs to the right person. If your bank offers it, a payee name check before sending adds extra certainty. When you pay someone new, many people send a small test amount before sending the rest.

International transfers from Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop.: the real cost

If you transfer money to another country from Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop., the fee you see is rarely all of the cost. There is the fee for the transfer itself, sometimes fees charged by intermediary banks along the way and, most importantly, the exchange rate markup when the money is converted.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert at a rate with a margin built in. Compare their rate with the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

For many routes, a transfer service is less expensive than a bank, mainly because of the exchange rate. GoldexPay lists transfer providers next to each other so you can see the amount the recipient gets before you commit. Choosing a specialist does not mean leaving Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop..

What to give a sender who pays you at Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop.

For a transfer from abroad into your account at Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop., the person paying you needs not just the BIC. That means: your name as registered with Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop., your IBAN or account number, the SWIFT/BIC code ICRAITR1BZ4 and sometimes your address.

It helps to add the bank name and Albanella too, since some forms ask for it. Check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Intermediary banks may deduct a fee, and if the currency changes, a markup on the rate applies. Make clear with the sender who covers the fees before the money is sent.

SEPA payments and the Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop. BIC

Italy is part of the SEPA area. When you send euros from another SEPA country, you normally only need the IBAN; many banks no longer ask for the BIC.

A SWIFT code like ICRAITR1 does matter for payments in other currencies. If a payment form has a field for the BIC anyway, adding ICRAITR1 is fine.

SEPA transfers usually arrive within one business day; instant payments are faster if both banks offer them. Charges on SEPA transfers are generally low.

8 or 11 characters: ICRAITR1 versus ICRAITR1BZ4

A SWIFT code is built from fixed blocks: characters one to four identify the bank, the next two show the country and characters seven and eight mark the location. Combined, these eight characters form ICRAITR1 – the version you usually see online.

Many payment forms accept both lengths. If a form asks for eleven characters, use ICRAITR1BZ4; if it wants eight, use ICRAITR1.

Leave out spaces or dashes when you enter ICRAITR1. Look out for O versus 0 and I versus 1.

Choosing between the 7 SWIFT codes of Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop.

Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop. uses 7 separate SWIFT/BIC codes across 6 cities. Only one is the head office code; the others belong to branches or departments, and sometimes internal departments.

Usually there is no need to look up a branch: transfers sent to ICRAITR1BZ4 reach Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop. without problems. A branch code only makes sense if the account holder specifically mentions it, which is more common for corporate accounts and specialised services.

Unsure which code applies? Ask the recipient or the bank itself. Branch codes are more prone to be retired than the head office code.

How up to date is this code?

The directory on GoldexPay is compiled from public sources and we update it periodically. Institutions merge, close branches and retire codes, and a directory never catches every change immediately. The number of codes we show reflect our own data, not official figures from Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop..

Before any payment of any size, confirm the BIC with the recipient’s bank or with the recipient. GoldexPay is not affiliated with Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop.; we are a comparison site for money transfers. Spotted outdated information? Let us know via our contact form.

When will the money arrive at Banca di Credito Cooperativo di Capaccio Paestum Soc. Coop.?

There is no fixed delivery time for every transfer: some land within a day while others need several business days. Bank holidays in the sending or receiving country can add a day or more, since banks do not process on those days. Extra checks by one of the banks can also cause some delay, regardless of the details.

If a transfer is delayed, ask the sending bank for the tracking status so they can trace it along the chain. Specialist transfer services often provide tracking online so you can see where the money has got.

If the money does not arrive after a few business days, the sender needs to contact the bank that sent it. As a recipient, you can look at your account for a slightly lower amount, since fees may have been deducted.