Banca di Credito Cooperativo di Lezzeno SWIFT/BIC code

SWIFT/BIC code of Banca di Credito Cooperativo di Lezzeno

If an invoice shows ICRAITR1 or ICRAITR1H65, it is the identical address for Banca di Credito Cooperativo di Lezzeno in Italy. Banks worldwide use these codes to route payments between countries to the right institution. It comes up mostly when dealing with payments that cross a border or a currency.

This page is meant to help people who sends money to an account at Banca di Credito Cooperativo di Lezzeno without mistakes. Keep in mind that the BIC only identifies the bank, not the account: the IBAN or account number does that part.

International transfers from Banca di Credito Cooperativo di Lezzeno: the real cost

If you transfer money abroad from Banca di Credito Cooperativo di Lezzeno, the visible fee is rarely all of what you pay. Besides the transfer fee, correspondent or intermediary banks can take a cut, and when the money changes currency the bank often applies a rate below the real market rate.

The markup on the rate tends to be the largest item even though it is not listed as a fee. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For many currency pairs, a specialist provider is cheaper than a bank, mainly because of the exchange rate. Before your next transfer, take a minute to compare the total cost via GoldexPay instead of going straight to your bank. You can still use your account at Banca di Credito Cooperativo di Lezzeno; only the conversion and sending happen elsewhere.

Tracking a transfer to or from Banca di Credito Cooperativo di Lezzeno

A SWIFT payment typically takes anywhere from one to several business days – it depends on currency, route and the banks in between. Bank holidays in either country can add extra days. Extra checks by one of the banks may also add some delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Each payment carries a unique reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

If the money does not arrive after a few business days, the person who paid should contact their own bank. Request from the sender the payment receipt with the date and reference.

Getting paid from abroad into a Banca di Credito Cooperativo di Lezzeno account

A sender in another country needs a few details from you. Give them the account holder’s name, the IBAN or account number, the BIC ICRAITR1H65 and your address, which some banks require.

Some sending banks also ask for the bank’s address, so keep it at hand. A mistake in the IBAN is harder to fix than it looks.

What lands in your account is often lower than the amount sent. Fees for incoming transfers differ from bank to bank. Make clear with the sender who covers the fees before the money is sent.

Euro transfers to Banca di Credito Cooperativo di Lezzeno: is a BIC needed?

Italy is part of the SEPA area, where euro transfers follow common rules. When you send euros within SEPA, the IBAN is usually enough and the BIC is often filled in automatically.

Outside the euro and from non-SEPA countries, ICRAITR1H65 or ICRAITR1 is still required. If a payment form has a field for the BIC anyway, adding ICRAITR1 is fine.

SEPA transfers normally land within one business day. As long as no currency is converted, a SEPA transfer is inexpensive.

Protect yourself against fake payment requests

One of the most common tricks works like this: you receive a message claiming that a supplier has new bank details and asking you to pay there from now on. A correct SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Verify new bank details through a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Watch out for urgent requests, odd spelling or an email address that differs by one letter. When money has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients are targeted too: one known trick is an overpayment followed by a request to refund the difference abroad. A screenshot of a transfer is no proof.

Is ICRAITR1 still correct? How to check

The safest source for the BIC is the bank details provided by the recipient. When the code you were given does not match ICRAITR1 or ICRAITR1H65, stop and ask.

Mistakes in the SWIFT code tend to be costly rather than fatal: often the payment comes back, minus fees. Remember the IBAN: a mistake there can be harder to undo than a wrong BIC.

An automatic check in your banking app merely tells you that the code exists. Some banks now check the payee name against the account; take any warning seriously. For a first payment, some people send a small amount first before sending the rest.

Choosing between the 2 SWIFT codes of Banca di Credito Cooperativo di Lezzeno

With 2 codes in 2 locations, Banca di Credito Cooperativo di Lezzeno is one of the banks that register individual codes for parts of the organisation and departments. The head office code is ICRAITR1H65.

Unless the recipient tells you otherwise, go with ICRAITR1H65. If you have been given a specific code, stick to it rather than replacing it with the head office code.

The safest route is to copy the code directly from the account holder’s bank details. Branch codes are more prone to change than the head office code.

Where our SWIFT data comes from

We gather SWIFT/BIC codes from publicly available data and update them from time to time. Even so, banks merge, rename themselves or change codes and our data may lag behind. Figures such as the number of codes come from our own dataset.

Treat our directory here as a handy check, and let the details from the recipient or Banca di Credito Cooperativo di Lezzeno have the final say. GoldexPay is an independent comparison service for money transfers and not part of Banca di Credito Cooperativo di Lezzeno. Found outdated information? Let us know through the contact page.

Sending EUR to Banca di Credito Cooperativo di Lezzeno

Most accounts at Banca di Credito Cooperativo di Lezzeno are usually held in EUR, the local currency. If you send money in a different currency it has to be converted somewhere along the way – by your bank, by Banca di Credito Cooperativo di Lezzeno or by a bank in between. There is rarely a separate line for that conversion – the cost sits in the rate.

Where the conversion happens affects the final amount, since every bank sets its own rate. Sending the amount already in EUR often prevents an extra conversion by Banca di Credito Cooperativo di Lezzeno – as long as your own rate is good.

Rates for EUR change all the time, and some providers let you lock in a rate. For regular payments, small differences in the rate make a real difference over time.

What the XXX in ICRAITR1H65 means

Each SWIFT/BIC code starts with an 8-character core: a four-letter bank code, two letters for the country and two characters for the location. Together, these eight characters make up ICRAITR1, the code most people search for.

Most payment forms accept either length. If a form requires eleven characters, use ICRAITR1H65; if it wants eight, use ICRAITR1.

Type the code as one block, in upper case and without separators, exactly as shown here. A single letter can send the money to another bank.