Banca di Credito Cooperativo di Lezzeno Scrl SWIFT/BIC code

SWIFT/BIC code of Banca di Credito Cooperativo di Lezzeno Scrl

The short code ICRAITR1 and the 11-character code ICRAITR1H61 identify one and the same institution: Banca di Credito Cooperativo di Lezzeno Scrl, with its head office in Bellagio. A SWIFT code shows every bank in the chain which institution should receive the money. You will need it mostly for transfers between countries and payments in foreign currencies.

On this page we explain 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 Lezzeno Scrl. The SWIFT code alone cannot identify an individual account holder; for that you need the IBAN or account number .

Before you send: check the Banca di Credito Cooperativo di Lezzeno Scrl code

The safest source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. When the code you were given does not match ICRAITR1 or ICRAITR1H61, stop and ask.

Mistakes in the BIC are costly more than disastrous: often the payment comes back, minus fees. A mistake in the account number can be more serious; check it just as carefully.

Many banking apps check the format of IBANs. More and more banks check the payee name with the account before you confirm. For a first payment, many people send a small amount first and wait for confirmation.

SEPA payments and the Banca di Credito Cooperativo di Lezzeno Scrl BIC

Because Italy is part of the SEPA zone, a euro transfer into Banca di Credito Cooperativo di Lezzeno Scrl from within the SEPA area usually only needs the IBAN. Many banks no longer ask for the BIC for these payments or fill it in for you.

You will still need ICRAITR1H61 when sending non-euro payments or money from outside the SEPA area. If your banking app asks for the BIC anyway, adding ICRAITR1 does no harm.

Euro payments within SEPA normally land within one business day, and instant transfers in seconds where both banks support them. As long as the payment stays in euros, a SEPA transfer is inexpensive; costs rise once a conversion is involved.

Protect yourself against fake payment requests

One of the most common tricks works like this: an email arrives with a message claiming that a contact now has a new bank account. The fact that ICRAITR1 exists is no guarantee that a request mentioning it is genuine.

Before paying, confirm changed bank details through a phone call. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. If money has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: one known trick is a buyer who pays too much followed by a request to send back the difference. Wait until the money is actually in your account.

What the XXX in ICRAITR1H61 means

Each SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and a two-character location code. Together, these eight characters make up ICRAITR1.

Most payment forms accept both lengths. If a form asks for eleven characters, use ICRAITR1H61.

As a rule the code is typed in capitals, without spaces or dashes. Copying the code beats typing it by hand.

The Euro and what conversion costs you

The national currency in Italy is the Euro (EUR). If you send another currency gets converted somewhere along the way – by your bank, by Banca di Credito Cooperativo di Lezzeno Scrl or by a bank in between. Each conversion eats into something.

Where the conversion happens affects how much arrives. Compare how much EUR the recipient gets via different services before choosing one.

Rates for EUR change during the day, and some providers let you lock in a rate. For regular payments, a slightly better rate make a real difference over a year.

A note on our data

The codes on this page come from public sources that we update regularly. Even so, banks merge or change codes and our data may lag behind. The figures on this page reflect what is in our directory and not on information from Banca di Credito Cooperativo di Lezzeno Scrl itself.

Before a payment that matters, always check the BIC with Banca di Credito Cooperativo di Lezzeno Scrl or the recipient. We are an independent comparison service for money transfers and not affiliated with Banca di Credito Cooperativo di Lezzeno Scrl. Should you notice a mistake, we appreciate a message.

Which of the 5 codes of Banca di Credito Cooperativo di Lezzeno Scrl do you need?

Our database contains 5 SWIFT/BIC codes for Banca di Credito Cooperativo di Lezzeno Scrl. Besides the head office code ICRAITR1H61, you will find codes for individual branches and departments.

In most cases you do not need to look up a branch: transfers addressed to ICRAITR1H61 reach Banca di Credito Cooperativo di Lezzeno Scrl without problems. Just use a branch code when your contact gives you that exact code, for example on an invoice or in their bank details.

Not sure which code applies? Ask the recipient, or look at a recent statement from Banca di Credito Cooperativo di Lezzeno Scrl. Codes for branches are more likely to change than ICRAITR1H61.

What to give a sender who pays you at Banca di Credito Cooperativo di Lezzeno Scrl

If you expect a payment from another country, send the payer everything they need in one go. What they need is: your name, account number or IBAN, ICRAITR1H61 and often your home address.

You can add the bank name and its city too. Check every detail before you send them, because the sender’s bank usually copies them as is.

An incoming payment will not always land in full. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin applies. For business payments, you can state who bears the costs, so that nobody is left short.

Paying someone abroad from your Banca di Credito Cooperativo di Lezzeno Scrl account

When you send money abroad through Banca di Credito Cooperativo di Lezzeno Scrl, the fee you see is only part of the cost. Besides a fixed fee, correspondent or intermediary banks may take a cut, and if currencies are converted the bank often uses a rate below the real market rate.

The markup on the rate is often the largest cost even though it is not listed as a fee. An easy check: put the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For many currency pairs, a specialist provider is cheaper than a traditional bank transfer – mostly thanks to the rate. Next time you send money, take a minute to compare what arrives on GoldexPay. You can always use your account at Banca di Credito Cooperativo di Lezzeno Scrl to fund the transfer.

Transfer times and tracking a payment to Banca di Credito Cooperativo di Lezzeno Scrl

How quickly a payment arrives at Banca di Credito Cooperativo di Lezzeno Scrl is determined by a few things: the currency, how many intermediary banks are involved, cut-off times and differences in time zone. Bank holidays in the sending or receiving country can add extra days, since banks do not process on those days. Extra checks by one of the banks may also add a delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi. Every payment gets a unique transaction reference, the UETR that banks can use to trace it. Keep the payment confirmation until the money has arrived; it contains the details a bank needs to start a trace.

The bank that sent the money can request a trace or a recall; the receiving side usually has nothing to trace yet. On the receiving end, it helps to check your statements to see a partial amount.