Banca di Credito Cooperativo di Serino S.c.r.l. SWIFT/BIC code

ICRAITR1 – the SWIFT/BIC code of Banca di Credito Cooperativo di Serino S.c.r.l.

If an invoice shows ICRAITR1 or ICRAITR1MW1, you are looking at the same identifier for Banca di Credito Cooperativo di Serino S.c.r.l. in Italy. A SWIFT code tells the banks handling a payment exactly which bank should receive the money, much like a postcode for banks. In daily life you mostly come across the code on international invoices, in payment forms and in the bank details of Banca di Credito Cooperativo di Serino S.c.r.l. customers.

On this page you will find what the code means, when you need it and which other details a transfer to or from Banca di Credito Cooperativo di Serino S.c.r.l. requires. Keep in mind that the BIC only identifies the bank, not the person: the account number or IBAN does that part.

About this information

The codes on this page are taken from publicly available data. Even so, banks merge or retire codes and our data may lag behind. Figures such as the number of codes come from our own dataset.

See the information on this page as a handy check. GoldexPay is not affiliated with Banca di Credito Cooperativo di Serino S.c.r.l.. Found an error? Let us know through the contact page.

Do you need ICRAITR1 for a SEPA transfer?

Italy is part of the Single Euro Payments Area (SEPA), the zone for uniform euro payments. When you send euros within SEPA, you normally only need the IBAN.

You will still need ICRAITR1MW1 when sending non-euro payments or transfers from countries outside SEPA. If your banking app asks for the BIC regardless, entering ICRAITR1 is fine.

Instant euro transfers are increasingly supported within SEPA. As long as no currency is converted, the transfer is inexpensive.

How long does an international transfer to Banca di Credito Cooperativo di Serino S.c.r.l. take?

There is no single answer for every transfer: some arrive the same day or the next while others need several business days. Weekends and public holidays in the sending or receiving country can add a day or more to the journey. Sometimes a bank asks what the payment is for before releasing it.

When a payment takes longer than expected, contact the sending bank about the tracking status or the UETR; with that reference banks can see where the payment is. Save your transfer receipt until the money has arrived.

A missing payment has to be investigated from the sending side. As a recipient, you can check your statements to see a partial amount, since fees may have been deducted.

Protect yourself against fake payment requests

A common scam goes like this: you receive a message claiming that a supplier has a new bank account and asking you to pay there from now on. That ICRAITR1 is a real code does not mean that a request mentioning it is genuine.

Never rely on a phone number in the same message that announces the change. Urgency or requests to keep it quiet tend to be red flags – a real supplier can wait a day. Acted too fast? Contact your bank straight away and have them try to recall the payment.

Recipients are targeted too: a classic trick is an overpayment and then sends a request to send back the difference. A screenshot of a transfer proves nothing.

Banca di Credito Cooperativo di Serino S.c.r.l.: head office code versus branch codes

With 2 codes in 2 cities, Banca di Credito Cooperativo di Serino S.c.r.l. is one of the banks that register individual codes for branches. The head office code is ICRAITR1MW1.

In most cases you do not need to look up a branch: payments addressed to ICRAITR1MW1 are routed within Banca di Credito Cooperativo di Serino S.c.r.l. without problems. When you receive a specific code, use it as it is rather than swapping it with the head office code.

The safest route is to copy the code directly from the account holder’s statement. Codes are sometimes changed or retired over time, so a code from an old document is not always valid.

Is ICRAITR1 still correct? How to check

The best place to find the right code remains paperwork issued by the bank. When the code you were given does not match ICRAITR1 or ICRAITR1MW1, do not guess – contact the recipient or Banca di Credito Cooperativo di Serino S.c.r.l..

Mistakes in the SWIFT code tend to be costly more than disastrous – usually the money comes back, minus fees and time lost. Do not forget the account number: a mistake there can be more difficult to undo than a wrong BIC.

Most online banking apps check the structure of an IBAN – that confirms the format, not the owner. Where available, a payee name check on the recipient adds an extra layer of safety. For a first payment, some people start with a small amount first.

Why Banca di Credito Cooperativo di Serino S.c.r.l. has an 8- and an 11-character code

A BIC is made up of a few fixed parts: the first four letters identify the bank, the next two give the country and characters seven and eight indicate the location. For Banca di Credito Cooperativo di Serino S.c.r.l., the 8-character core is ICRAITR1.

Many banks and apps work with both lengths. If yours asks for eleven characters, enter ICRAITR1MW1; if it wants eight, use ICRAITR1.

Leave out spaces when you type ICRAITR1. A single character may route the money to a different institution, so copy it carefully.

Incoming international payments to Banca di Credito Cooperativo di Serino S.c.r.l.

If you are waiting for a payment from another country, send the payer all details at once. What they need is: your name, IBAN or account number, ICRAITR1MW1 or ICRAITR1 and often your home address.

Some banks want the address of Banca di Credito Cooperativo di Serino S.c.r.l. in Aiello del Sabato; it does no harm to include it. A typo in your account number is more trouble than you might think.

An incoming payment will not always arrive for the full amount. Intermediary banks may deduct a fee, Banca di Credito Cooperativo di Serino S.c.r.l. may charge for incoming payments, and if the currency changes, an exchange rate margin comes on top. Agree with the sender who covers the fees, especially for larger amounts.

What a transfer from Banca di Credito Cooperativo di Serino S.c.r.l. abroad really costs

What you pay for an international transfer has several parts – not just the fee on your screen. There is the fee for the transfer itself, possibly charges from correspondent banks in between and, above all, the exchange rate markup.

The real cost is often in the rate: many banks convert at a rate with a margin built in. An easy check: set the rate you get against the mid-market rate and look at the difference.

Money transfer services frequently offer rates closer to the mid-market rate with clearer fees. On GoldexPay we compare what recipients receive across services. Using a transfer service does not mean leaving Banca di Credito Cooperativo di Serino S.c.r.l..

The Euro and what conversion costs you

The national currency in Italy is the Euro (EUR). When you pay another currency it gets converted somewhere along the way. There is rarely a separate charge for that conversion – the cost sits in the rate.

Which bank converts the money makes a difference, because each party uses its own rate. Often you pay less if you send EUR straight away through a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

The rate for EUR changes constantly and quotes are often valid only for a short time. For recurring payments, a slightly better rate add up over a year.