Banca di Credito Cooperativo di Cittanova Soc. Coop. SWIFT/BIC code

Banca di Credito Cooperativo di Cittanova Soc. Coop. SWIFT code: ICRAITR1

The 8-character code ICRAITR1 and the 11-character code ICRAITR1DO1 identify one and the same institution: Banca di Credito Cooperativo di Cittanova Soc. Coop., with its head office in Bovalino. A SWIFT code tells the banks handling a payment which institution is meant to get the money, a bit like a postal address for banks. In daily life you usually see the code on international invoices, in your banking app and on the account details that Banca di Credito Cooperativo di Cittanova Soc. Coop. provides.

On this page you can read how the code is put together, when you need it and which other details you need for a transfer to or from Banca di Credito Cooperativo di Cittanova Soc. Coop.. Remember that the BIC just identifies the bank, not the person: the account number or IBAN does that part.

Choosing between the 8 SWIFT codes of Banca di Credito Cooperativo di Cittanova Soc. Coop.

Banca di Credito Cooperativo di Cittanova Soc. Coop. has 8 separate SWIFT/BIC codes. Only one is the head office code; the others identify branches.

In most cases there is no need to look up a branch: payments addressed to ICRAITR1DO1 are routed within Banca di Credito Cooperativo di Cittanova Soc. Coop. correctly. A branch code only makes sense if the recipient’s bank specifically asks for it.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes can change when banks reorganise.

Before you send: check the Banca di Credito Cooperativo di Cittanova Soc. Coop. code

The best place to find the right code remains paperwork issued by the bank, such as a statement or the account details in online banking. Compare that code with ICRAITR1 on this page and ask if anything does not match.

A wrong SWIFT code can cause a delay, a payment being sent back or additional charges for investigation. An error in the account number is a bigger problem because it can reach the wrong person.

An automatic check in your banking app only tells you that the code is valid, not that it is the right account. Some banks now compare the name with the account before you confirm – do not ignore a mismatch warning. When you pay someone new, some people send a small amount first.

Changed bank details? Be careful

Stay wary if someone unexpectedly asks you to pay into a different account. The fact that ICRAITR1 exists does not mean that the account is legitimate.

Check new payment details through a different channel, such as a phone number you already know, never via the email that asked for the change. Watch out for time pressure, odd spelling or an email address that differs by one letter. When money has already gone to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Fraud can also work the other way: someone sends more than agreed and wants you to refund the extra. Wait until the money has really arrived – ask Banca di Credito Cooperativo di Cittanova Soc. Coop. if something looks wrong.

The Euro and what conversion costs you

The currency in Italy is the Euro (EUR). Money sent in a different currency is exchanged into EUR. Each conversion costs the amount, even when no fee is shown.

Who converts the payment makes a difference, because each party uses its own rate. In many cases it is cheaper to send EUR straight away via a provider with a good rate.

The rate for EUR fluctuates throughout the day and quotes are often valid only for a short time. With bigger transfers, a small gap in the rate can be worth more than the fee.

Paying Banca di Credito Cooperativo di Cittanova Soc. Coop. in euros within SEPA

Since Italy is part of the SEPA zone, a euro payment into Banca di Credito Cooperativo di Cittanova Soc. Coop. from within the SEPA area usually requires just the IBAN. Most banking apps do not require the BIC in that case.

For anything other than euros and from non-SEPA countries, ICRAITR1DO1 is still required. A few banks and apps still show a field for the BIC out of habit; if so, enter ICRAITR1.

SEPA transfers normally land by the next business day; instant payments are faster if both banks offer them. Charges on SEPA transfers are generally low, as long as no currency conversion is involved.

8 or 11 characters: ICRAITR1 versus ICRAITR1DO1

Each SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, a two-letter country code and two characters for the location. That gives you ICRAITR1 for Banca di Credito Cooperativo di Cittanova Soc. Coop..

XXX at the end of ICRAITR1DO1 is not a missing value or an error: it indicates the main office of Banca di Credito Cooperativo di Cittanova Soc. Coop.. Some forms ask for 11 characters, in which case you can enter XXX after ICRAITR1.

Type the code as one block, in upper case and without spaces, exactly as shown here. Copying the code beats retyping it.

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

The price of a payment abroad has more than one component – not just the fee on your screen. On top of a fixed fee, banks in between can take a cut, and if currencies are converted the bank often applies a rate that is less favourable than the real market rate.

The markup on the rate tends to be the biggest item even though it is not listed as a fee. Compare their rate with the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

Specialist money transfer services often offer a rate near the mid-market rate and lower fees. GoldexPay lists these services side by side so you can see the amount the recipient gets for the same amount sent. You can always keep your account at Banca di Credito Cooperativo di Cittanova Soc. Coop. as the source of the money; only the conversion and sending happen elsewhere.

Incoming international payments to Banca di Credito Cooperativo di Cittanova Soc. Coop.

When you expect money from abroad, give the sender everything they need in one go. In practice that means: your full name as registered with Banca di Credito Cooperativo di Cittanova Soc. Coop., your account number or IBAN, the SWIFT/BIC code ICRAITR1DO1 and usually your postal address.

Certain sending banks also ask for the address of Banca di Credito Cooperativo di Cittanova Soc. Coop.. A mistake in your account number is harder to fix than it looks; copy them from your banking app rather than typing.

The amount you receive is often less than the amount sent. Correspondent banks can take a fee, Banca di Credito Cooperativo di Cittanova Soc. Coop. may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. On invoices, it is common to agree how the fees are split, so that nobody is left short.

A note on our data

This directory is compiled from public sources and we update it periodically. Still, banks merge, rename themselves or retire codes. Figures such as the number of codes are from our directory.

Use this page as a reference, rather than as the final word: the recipient’s bank details come first. GoldexPay has no connection to Banca di Credito Cooperativo di Cittanova Soc. Coop., we only compare transfer services. Spotted outdated information? Tell us through the contact page.

Transfer times and tracking a payment to Banca di Credito Cooperativo di Cittanova Soc. Coop.

There is no single answer for every transfer: many land the same day or the next, others take several business days. Weekends and public holidays in the sending or receiving country can add a day or more. Occasionally a bank asks what the payment is for.

Many banks use SWIFT gpi for faster and traceable payments. Every payment carries a unique transaction reference, the UETR that banks can use to trace it. Specialist transfer services usually provide a status online so you can see where the payment has got.

A delayed transfer has to be traced from the sending side on the basis of the transfer details. Request from the sender a copy of the payment confirmation including the reference; that often settles the question quickly.