Banca di Credito Cooperativo di Leverano SWIFT/BIC code

Banca di Credito Cooperativo di Leverano SWIFT code: ICRAITR1

Whether you are given ICRAITR1 or ICRAITR1GR3, you are looking at the same address for Banca di Credito Cooperativo di Leverano in Italy. Every bank on the SWIFT network uses BIC codes to direct payments between countries to the correct bank. In daily life you usually come across the code on invoices from abroad, in payment forms and in the bank details that Banca di Credito Cooperativo di Leverano provides.

On this page we explain what the code is put together, when you need it and which other details a transfer to or from Banca di Credito Cooperativo di Leverano requires. Remember that the SWIFT code only identifies the bank, not the account: the IBAN or account number does that part.

A note on our data

The details on this page are taken from public sources. It can happen that information here is no longer current, for example after a merger. Figures such as the number of codes are from our directory and may differ from what Banca di Credito Cooperativo di Leverano publishes.

Treat our directory on this page as a handy check. GoldexPay is independent of Banca di Credito Cooperativo di Leverano. If you notice something that is out of date, we appreciate a message via the contact page.

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

The structure of every SWIFT code is always the same: four characters for the institution, a two-letter country code and two for the location, plus an optional branch code. That gives you ICRAITR1.

XXX at the end of ICRAITR1GR3 does not stand for a missing value or a mistake: it indicates the main office of Banca di Credito Cooperativo di Leverano. Some banking apps ask for 11 characters, in which case you simply add XXX behind ICRAITR1.

In practice the code is written in capitals, without spaces or dashes. Pasting the code is safer than typing it by hand.

Receiving money from abroad at Banca di Credito Cooperativo di Leverano

A sender in another country will ask for several details from you. What they need is: your name, account number or IBAN, ICRAITR1GR3 or ICRAITR1 and often your home address.

It helps to include Banca di Credito Cooperativo di Leverano and Nardo' as well, since some forms ask for it. Check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be less than the amount sent. Correspondent banks can take a fee, and if the currency changes, an exchange rate margin comes on top. Make clear with the sender who pays which costs.

Sending money abroad from Banca di Credito Cooperativo di Leverano

What you pay for a payment abroad has more than one component. There is the transfer fee, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate if the currency changes.

Banks do not show their exchange rate markup separately. An easy check: put the rate you get next to the mid-market rate for the same moment and look at the difference.

For a lot of routes, a transfer service is less expensive than a bank. Next time you send money, take a minute to compare the total cost on GoldexPay instead of going straight to your bank. You can always keep your account at Banca di Credito Cooperativo di Leverano to fund the transfer; only the conversion and sending happen elsewhere.

Verifying the SWIFT code of Banca di Credito Cooperativo di Leverano

The safest source for a SWIFT code is the bank details provided by the recipient. If the code you have differs from ICRAITR1 or ICRAITR1GR3, stop and ask – contact the recipient or Banca di Credito Cooperativo di Leverano.

Mistakes in the BIC are annoying rather than disastrous: often the payment comes back, minus fees. Do not forget the account number: an error there is harder to undo than a wrong BIC.

Most online banking apps validate the format of IBANs – that confirms the format, not the owner. Where available, a name check before sending gives extra certainty. When you pay someone new, many people start with a small amount first before sending the rest.

SEPA payments and the Banca di Credito Cooperativo di Leverano BIC

Italy is a member of the SEPA area, where euro transfers follow common rules. When you send euros from another SEPA country, you normally only need the IBAN and the BIC is often filled in automatically.

You will still need ICRAITR1GR3 for non-euro payments or transfers from countries outside SEPA. If a payment form has a field for the BIC anyway, entering ICRAITR1 is fine.

SEPA transfers normally land by the next business day. Charges on SEPA transfers are generally low as long as everything stays in euros.

Banca di Credito Cooperativo di Leverano: head office code versus branch codes

With 2 codes, Banca di Credito Cooperativo di Leverano is one of the banks that register individual codes for branches. The head office code remains ICRAITR1GR3.

Usually there is no need to pick a branch: payments sent to ICRAITR1GR3 are routed within Banca di Credito Cooperativo di Leverano correctly. Only use a branch code when your contact gives you that exact code, for example on a letter or invoice.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Branch codes are more prone to change than ICRAITR1GR3 when a bank merges or closes offices.

When will the money arrive at Banca di Credito Cooperativo di Leverano?

A SWIFT payment usually takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Bank holidays in either country can add a day or more to the journey. Sometimes a bank asks what the payment is for.

If a transfer is late, contact the sending bank for the tracking status so they can trace it along the chain. Money transfer services usually provide a status online showing how far the payment is.

If the money does not arrive within the expected time, the person who paid should start with their own bank. On the receiving end, it helps to check your statements to see a partial amount.

Protect yourself against fake payment requests

Criminals often use payment requests with new bank details sent from what looks like a familiar address. That ICRAITR1 is a real code is no guarantee that the account is genuine – fraudsters use real bank codes as well.

Check new payment details through a separate channel like a call to a number from an earlier contract. Urgency or secrecy tend to be warning signs. If a payment was sent to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Fraud can also target the receiver: someone sends more than agreed and wants you to refund the extra to a new account. Do not act before the money has really arrived – ask Banca di Credito Cooperativo di Leverano if something looks wrong.

Euro (EUR) and conversion costs

Accounts at Banca di Credito Cooperativo di Leverano are typically held in EUR, the local currency of Italy. When you pay money in a different currency it gets converted somewhere along the way. You rarely see a separate charge for the conversion; it is built into the rate.

Who converts the payment makes a difference: every bank has its own margin. Compare how much EUR arrives with different providers before choosing one.

The EUR rate changes constantly, so the amount you see is usually only valid for a short time. On larger amounts, even seemingly small gap in the rate can be worth more than the fee.