Banca di Credito Cooperativo di Ostra Vetere Scrl SWIFT/BIC code

SWIFT/BIC code of Banca di Credito Cooperativo di Ostra Vetere Scrl

The short code ICRAITRR and the full code ICRAITRRJL0 identify one and the same institution: Banca di Credito Cooperativo di Ostra Vetere Scrl. Banks worldwide use these codes to route payments between countries to the correct bank. It comes up mainly for transfers between countries or a currency.

This page is meant to help people who receives money at an account at Banca di Credito Cooperativo di Ostra Vetere Scrl without mistakes. Remember that the BIC just identifies the bank, not the account: the account number or IBAN does that part.

Watch out for payment fraud

Stay alert if someone unexpectedly asks you to send money to another account abroad. A valid SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Check new bank details through a separate channel like a call to a number from an earlier contract, never via the email that asked for the change. Urgency or secrecy tend to be warning signs. If a payment has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients can be targeted as well: a classic trick is an overpayment followed by a request to send back the difference to another account. Wait until the money is actually in your account – ask Banca di Credito Cooperativo di Ostra Vetere Scrl if something looks wrong.

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

To receive a transfer from abroad at Banca di Credito Cooperativo di Ostra Vetere Scrl, the person paying you needs more than the BIC. The basics are: your name, IBAN or account number, ICRAITRRJL0 or ICRAITRR and often your home address.

It helps to include Banca di Credito Cooperativo di Ostra Vetere Scrl and Ostra Vetere as well, because some payment forms have separate fields for them. A typo in the IBAN is harder to fix than it looks.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin applies. Agree with the sender who pays which costs.

Is ICRAITRR still correct? How to check

The safest source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Compare it with ICRAITRR on this page.

With a wrong code, the payment might be delayed, be returned or cost extra, and tracing it can take weeks. Remember the account number: an error there can be harder to undo than a wrong code.

Many banking apps check the structure of an IBAN and some suggest the matching BIC. If your bank offers it, a name check before sending gives an extra layer of safety. For a first payment, some people start with a small amount first and wait for confirmation.

What the XXX in ICRAITRRJL0 means

A SWIFT code is made up of a few fixed parts: the first four letters identify the bank, the next two give the country and the two after that mark the location. Together, those parts form ICRAITRR – the version you usually see online.

The long version has a three-character extension that identify a branch or department. If the last three are XXX, the code points to the head office, which is why ICRAITRRJL0 and ICRAITRR lead to the same place.

Do not add spaces when you type ICRAITRR or ICRAITRRJL0. Watch for the letter O and the digit 0 and the letter I and the digit 1.

Paying into Banca di Credito Cooperativo di Ostra Vetere Scrl in EUR

Italy uses the Euro, code EUR. A payment in a foreign currency is converted into EUR on its way to Banca di Credito Cooperativo di Ostra Vetere Scrl, and whoever converts it chooses the rate. You rarely see a separate charge for that conversion; it is built into the rate.

Who does the conversion has an effect on the final amount. Compare how much EUR arrives via different providers before choosing one.

Exchange rates change during the day, and some providers let you lock in a rate. On larger amounts, a small gap in the rate adds up quickly.

A note on our data

The details here come from publicly available data that we update regularly. Even so, banks merge or change codes and our data may lag behind. Counts and locations are from our own dataset and may differ from what Banca di Credito Cooperativo di Ostra Vetere Scrl publishes.

See the information on this page as a helpful check. GoldexPay has no connection to Banca di Credito Cooperativo di Ostra Vetere Scrl. If you notice something that is out of date, we appreciate a short note via the contact page.

When will the money arrive at Banca di Credito Cooperativo di Ostra Vetere Scrl?

An international transfer usually needs one to a few business days, depending on the currency, the route and the banks involved. Weekends and public holidays in the sending or receiving country add a day or more. Extra checks on larger or unusual payments may also cause some delay, regardless of the details.

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

Only the sending bank is able to request a trace; the receiving side usually has nothing to trace yet. Request from the sender the payment receipt.

Do you need ICRAITRR for a SEPA transfer?

Because Italy is in the SEPA zone, a euro transfer to Banca di Credito Cooperativo di Ostra Vetere Scrl from another SEPA country normally requires just the IBAN. Most banking apps no longer ask for the BIC in that case.

Outside the euro and from non-SEPA countries, ICRAITRRJL0 is still required. A few banks and apps still ask for the BIC out of habit; in that case, fill in ICRAITRR or ICRAITRRJL0.

SEPA transfers usually arrive within one business day. Provided the payment stays in euros, the transfer is inexpensive.

Banca di Credito Cooperativo di Ostra Vetere Scrl: head office code versus branch codes

Banca di Credito Cooperativo di Ostra Vetere Scrl has 3 separate SWIFT/BIC codes across 3 cities. Only one is the head office code; the others identify branches or departments, and sometimes specific services.

Unless the recipient tells you otherwise, use ICRAITRRJL0. Only use a branch code when the account holder gives you that exact code, for example on an invoice or in their bank details.

The best way is to copy the code straight from the account holder’s bank details. Branch codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

Sending money abroad from Banca di Credito Cooperativo di Ostra Vetere Scrl

What you pay for a payment abroad is made up of more than one component. You pay the transfer fee, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate.

The real cost is often in the rate: many banks convert at a rate with a margin built in. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For many currency pairs, a transfer service is cheaper than a traditional bank transfer, mainly because of the exchange rate. Before your next transfer, take a minute comparing the total cost on GoldexPay instead of going straight to your bank. Choosing a specialist does not mean leaving Banca di Credito Cooperativo di Ostra Vetere Scrl.