Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l. SWIFT/BIC code

SWIFT/BIC code of Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l.

The 8-character code ICRAITR1 and the full code ICRAITR1NR3 identify the same bank: Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l. in Cetara, Italy. A SWIFT code tells the sending bank exactly which bank should receive the money. You will need it mainly when dealing with transfers between countries.

Further down we go through the practical questions: receiving money at Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l., paying someone in another country and how to verify a SWIFT code before you hit send. Keep in mind that the BIC only identifies the bank, not the person: the IBAN or account number does that part.

The Euro and what conversion costs you

Most accounts at Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l. are usually held in EUR, the local currency of Italy. When you pay another currency it gets converted at some point – by your bank, by Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l. or by a bank in between. Each conversion eats into the amount.

Which bank converts the money matters: every bank has its own margin. Check how much EUR arrives with different providers.

Exchange rates change all the time, and some providers let you lock in a rate. With bigger transfers, a small difference in the rate adds up quickly.

How to check ICRAITR1 before you pay

The safest source for a SWIFT code is the bank details provided by the recipient. Compare that code against ICRAITR1 here and ask if anything does not match.

An incorrect BIC can cause delays, a payment being sent back or additional charges along the way. Remember the account number: a mistake there can be more difficult to undo than a wrong BIC.

Most online banking apps check the format of an IBAN and some suggest the matching BIC, but that does not prove the account belongs to the right person. Some banks now check the name with the account – do not ignore a mismatch warning. Sending a small amount first is a sensible step for large sums, even if it costs an extra fee.

Sending money abroad from Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l.

What you pay for a payment abroad has several parts – not just the fee on your screen. Besides the transfer fee, correspondent or intermediary banks can take a cut, and if the money changes currency, the bank often applies a rate that is less favourable than the real market rate.

The markup on the rate is often the biggest item, and it is easy to miss. A simple test: put the rate you get against the mid-market rate and look at the difference.

Money transfer services often use a rate near the mid-market rate with clearer fees. On GoldexPay you can compare the amount that arrives with different services, which makes the cheapest option easy to spot. Using a transfer service does not mean closing your account at Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l..

Euro transfers to Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l.: is a BIC needed?

Inside SEPA, euro payments to Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l. use common rules and in most cases need only the IBAN. The BIC field is often optional for those payments.

You will still need ICRAITR1NR3 for payments in other currencies or transfers from countries outside SEPA. A few banks and apps still ask for the BIC; if so, fill in ICRAITR1.

SEPA transfers usually arrive by the next business day. Fees for SEPA transfers tend to be low as long as everything stays in euros.

Where our SWIFT data comes from

The details on this page are taken from publicly available data that we update regularly. Banks merge, change names and retire codes, and a directory never catches every change immediately. Counts and locations are from our own dataset.

Treat this page as a starting point, rather than as the last word – the bank details from the recipient are leading. GoldexPay is a comparison service and not affiliated with Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l.. Found outdated information? Let us know through the contact page.

Choosing between the 5 SWIFT codes of Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l.

With 5 codes, Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l. is one of the banks that use individual codes for parts of the organisation and departments. The head office code is ICRAITR1NR3.

In most cases you do not need to pick a branch: payments addressed to ICRAITR1NR3 reach Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l. without problems. When you receive a specific code, stick to it instead of replacing it for the head office code.

Not sure which code to use? Check with the recipient or the bank itself. Codes are sometimes changed or retired when banks reorganise.

Incoming international payments to Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l.

A sender in another country needs several details from you – incomplete details often cause delays. Give them your name as the bank knows it, your account number or IBAN, the BIC ICRAITR1NR3 and your address.

The sender’s bank might request the bank address of Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l., in which case the Cetara head office is the usual answer. A typo in the IBAN can be harder to fix than it looks.

The amount you receive is often less than the amount sent. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate applies. For business payments, it is common to agree who bears the costs to avoid a shortfall.

Watch out for payment fraud

Be wary if someone suddenly wants you to send money to a different account abroad. A correct SWIFT code tells you nothing about whether the request is genuine.

Before paying, confirm a change of bank details by phone, using a number you already had. Urgency or secrecy are red flags. Acted too fast? Contact your bank straight away and have them try to recall the payment and report the fraud.

Scams also target the receiver: someone claims to have sent more than agreed and asks you to return the difference via a different route. A screenshot of a transfer is no proof; only your own account shows what has arrived.

ICRAITR1 or ICRAITR1NR3 – which one to use?

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. Combined, those parts form ICRAITR1.

Most banks and apps accept either length. If a form asks for eleven characters, use ICRAITR1NR3.

Do not add spaces or dashes when you type ICRAITR1. Watch for the letter O and the digit 0 and I versus 1, a common source of typos.

Tracking a transfer to or from Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l.

How fast a transfer reaches Banca di Credito Cooperativo di Scafati e Cetara S.c.r.l. depends on a few things: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Weekends and public holidays in either country can add extra days, since banks do not process on those days. Compliance checks on larger or unusual payments may also add a delay, even when all details are correct.

If the money is delayed, contact the sending bank for the tracking status or the UETR. Money transfer services usually show a status in their app showing where the payment is.

If a payment has not arrived within the expected time, the sender should contact the bank that sent it, not the receiving bank. Request from the sender the payment receipt including the reference – it helps your own bank look for the money.