Banca di Credito Cooperativo di Lesmo Societa' Cooperativa SWIFT/BIC code

Banca di Credito Cooperativo di Lesmo Societa' Cooperativa SWIFT code: ICRAITR1

ICRAITR1 and ICRAITR1H71 are two spellings of the same bank identifier, and both point to Banca di Credito Cooperativo di Lesmo Societa' Cooperativa in Arcore. The code does one job: it ensures that an international payment reaches the right bank. It comes up mainly for transfers between countries.

We wrote this page to help anyone who sends money to an account at Banca di Credito Cooperativo di Lesmo Societa' Cooperativa. The BIC names an institution, not a single account; the IBAN or account number does that.

Tracking a transfer to or from Banca di Credito Cooperativo di Lesmo Societa' Cooperativa

A SWIFT payment typically takes one to a few business days. Bank holidays in either country can add a day or more, since banks do not process on those days. Sometimes a bank asks what the payment is for.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer carries a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually show a status online so you can see how far the money has got.

A delayed transfer has to be traced by the sending bank on the basis of the transfer details. As a recipient, you can look at your account to see a partial amount because fees can reduce the amount.

Paying into Banca di Credito Cooperativo di Lesmo Societa' Cooperativa in EUR

The currency of Italy is the Euro (EUR). A payment in a foreign currency is exchanged into EUR. There is rarely a separate line for that conversion; it is built into the rate.

Which bank converts the payment matters, because each party uses its own rate. In many cases it is cheaper to send EUR straight away through a transfer service with a good rate, so that the receiving bank does not need to convert again.

The EUR rate fluctuates constantly, so the amount you see is usually only valid for a short time. On larger amounts, a small gap in the rate adds up quickly.

Changed bank details? Be careful

Be alert when a contact unexpectedly asks you to send money to another account or a bank in another country. A valid SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Always confirm changed bank details by phone, using a number you already had. Be suspicious of time pressure, odd spelling or an email address that differs by one letter. If a payment has already gone to the wrong account, call your bank right away.

Recipients can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to refund the difference to another account. Wait until the money has really arrived and check with Banca di Credito Cooperativo di Lesmo Societa' Cooperativa if anything seems off.

Head office or branch code at Banca di Credito Cooperativo di Lesmo Societa' Cooperativa?

Banca di Credito Cooperativo di Lesmo Societa' Cooperativa has 6 separate SWIFT/BIC codes across 6 cities. One of them is the head office code, ICRAITR1H71; the rest belong to branches.

If nobody asks you for a branch code, use ICRAITR1H71. If you have been given a specific code, stick to it rather than replacing it for the head office code.

If you are not sure, check with the recipient for the exact BIC in their bank details. Branch codes are more prone to be retired than the head office code when a bank merges or closes offices.

What to give a sender who pays you at Banca di Credito Cooperativo di Lesmo Societa' Cooperativa

To receive a transfer from abroad into your account at Banca di Credito Cooperativo di Lesmo Societa' Cooperativa, the sender needs not just the BIC. The basics are: your name, IBAN or account number, ICRAITR1H71 or ICRAITR1 and in many cases your home address.

It helps to include Banca di Credito Cooperativo di Lesmo Societa' Cooperativa and Arcore too, since some forms ask for it. Check each detail before you share them.

The amount you receive can be lower than the amount sent. Charges on incoming payments vary per bank – the price list of Banca di Credito Cooperativo di Lesmo Societa' Cooperativa tells you what applies. Agree with the sender who pays which costs before the money is sent.

A note on our data

The codes on this page come from publicly available data. It is possible that information here is out of date. The figures we show are based on what is in our directory and not on information from Banca di Credito Cooperativo di Lesmo Societa' Cooperativa itself.

For any payment of any size, check the BIC with Banca di Credito Cooperativo di Lesmo Societa' Cooperativa or with the recipient. We are a comparison service and not part of Banca di Credito Cooperativo di Lesmo Societa' Cooperativa. Found an error? Tell us via our contact form so we can correct it.

Is ICRAITR1 still correct? How to check

The best place to find the right code is a document from the bank itself like a bank statement or the account page in online banking. Compare it with ICRAITR1 here and ask if anything does not match.

With a wrong code, the transfer may be delayed, be returned or cost extra, and tracing it can take weeks. An error in the account number can be a bigger problem; check it just as carefully.

Most online banking apps validate the format of IBANs, but that does not prove the account belongs to the right person. Where available, a payee name check on the recipient gives an extra layer of safety. Sending a small amount first is worth it for large sums, even if it costs an extra fee.

Do you need ICRAITR1 for a SEPA transfer?

Since Italy is in the SEPA zone, a euro payment into Banca di Credito Cooperativo di Lesmo Societa' Cooperativa from within the SEPA area normally requires just an IBAN. Many banks do not require the BIC for these payments or fill it in for you.

Outside the euro and from non-SEPA countries, ICRAITR1H71 or ICRAITR1 remains part of the payment details. A few banks and apps still show a field for the BIC out of habit; if so, enter ICRAITR1 or ICRAITR1H71.

Euro payments within SEPA normally land by the next business day. As long as no currency is converted, the transfer tends to be cheap; costs rise once a conversion is involved.

International transfers from Banca di Credito Cooperativo di Lesmo Societa' Cooperativa: the real cost

An international bank payment can cost rather more than the listed fee. There is the transfer fee, sometimes charges from correspondent banks along the way and, most importantly, the exchange rate markup.

Many banks do not show their exchange rate markup separately – you only notice it if you compare. An easy check: set the bank’s rate against the mid-market rate for the same moment and look at the difference.

For a lot of currency pairs, a transfer service turns out to be cheaper than a bank – mostly thanks to the rate. GoldexPay compares transfer providers side by side, showing what actually arrives before you commit. You can always use your account at Banca di Credito Cooperativo di Lesmo Societa' Cooperativa.

What the XXX in ICRAITR1H71 means

The layout of a BIC never changes: a bank code of four letters, a two-letter country code and a two-character location code, plus an optional branch code. The result is ICRAITR1 for Banca di Credito Cooperativo di Lesmo Societa' Cooperativa.

XXX at the end of ICRAITR1H71 does not stand for a missing value or an error: it stands for the main office of Banca di Credito Cooperativo di Lesmo Societa' Cooperativa. Certain payment forms ask for 11 characters, in which case you can add XXX after ICRAITR1.

Type the code as one block, in upper case and without separators, exactly as shown here. A wrong letter may route the money to a different institution, so copy it carefully.