Banca di Credito Cooperativo di Turriaco Scrl SWIFT/BIC code

Banca di Credito Cooperativo di Turriaco Scrl SWIFT code: ICRAITR1

ICRAITR1 and ICRAITR1P31 are two spellings of the same SWIFT/BIC code, and both point to Banca di Credito Cooperativo di Turriaco Scrl in Fogliano Redipuglia. A BIC does one job: it ensures that money from abroad reaches the right bank. In daily life you mostly come across the code on invoices from abroad, in payment forms and on the account details of Banca di Credito Cooperativo di Turriaco Scrl customers.

This page is meant to help anyone who receives money at an account at Banca di Credito Cooperativo di Turriaco Scrl without mistakes. A SWIFT code names a bank or branch, never a specific account.

Sending EUR to Banca di Credito Cooperativo di Turriaco Scrl

Most accounts at Banca di Credito Cooperativo di Turriaco Scrl are typically held in EUR, the national currency of Italy. A payment in a foreign currency will be converted into EUR before it reaches the account. Each conversion eats into the amount, even when no fee is shown.

Where the conversion happens has an effect on the final amount, since every bank sets its own rate. Compare how much EUR the recipient gets via different providers; the difference between options can be larger than you expect.

Rates for EUR move during the day. On larger amounts, even small difference in the rate adds up quickly.

8 or 11 characters: ICRAITR1 versus ICRAITR1P31

A SWIFT code is made up of a few fixed parts: characters one to four identify the bank, the next two give the country and characters seven and eight mark the location. That gives you ICRAITR1.

XXX at the end of ICRAITR1P31 does not stand for a missing value or an error: it indicates the main office of Banca di Credito Cooperativo di Turriaco Scrl. Certain payment forms ask for 11 characters, in which case you can add XXX after ICRAITR1.

As a rule the code is typed in capitals, without spaces or dashes. Copying the code beats typing it by hand, because one wrong letter changes the bank.

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

To receive a transfer from abroad at Banca di Credito Cooperativo di Turriaco Scrl, the sender has to have more than the BIC. What they need is: your name, account number or IBAN, ICRAITR1P31 and often your postal address.

You can add the bank name and its city as well. A mistake in the IBAN can be more trouble than it looks, so copy the details from your online banking.

Expect that the amount credited is smaller than what the sender paid. Charges on incoming payments differ per bank; check the price list of Banca di Credito Cooperativo di Turriaco Scrl. Agree with the sender who covers the fees, especially for larger amounts.

How long does an international transfer to Banca di Credito Cooperativo di Turriaco Scrl take?

An international transfer typically takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Payments made after the cut-off time or just before weekends and holidays usually start the next business day. Extra checks on larger or unusual payments can also add some delay, even when all details are correct.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique reference, the UETR. Money transfer services usually show a status in their app so you can see where the payment is.

Only the sending bank can start an official trace – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for a copy of the payment confirmation; that often settles the question quickly.

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

Our directory lists 2 SWIFT/BIC codes for Banca di Credito Cooperativo di Turriaco Scrl in 2 cities. Besides the head office code ICRAITR1P31, there are codes for regional offices and specialised units.

If nobody asks you for a branch code, use ICRAITR1P31. Just use a branch code when the recipient explicitly asks for it, for example on an invoice or in their bank details.

The best way is to take the code directly from the recipient’s invoice. Codes for branches are more likely to be retired than the head office code when a bank merges or closes offices.

Changed bank details? Be careful

Fraudsters regularly use payment requests with changed bank details, sometimes in an email that looks completely genuine. The fact that ICRAITR1 exists does not mean that the account is legitimate – fraudsters use real bank codes as well.

Verify changed bank details through a separate channel, such as a phone number you already know, 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 a payment was sent to the wrong account, call your bank right away.

Fraud also work the other way. Someone sends too much and asks you to refund the difference via a different route. A screenshot of a transfer proves nothing.

How to check ICRAITR1 before you pay

Ask the recipient to send you the bank details straight from their banking app. Compare that code with ICRAITR1 here.

A wrong SWIFT code can cause a delay, a returned payment or additional charges along the way. Remember the IBAN: a mistake there is harder to correct than a wrong code.

A validity check by your bank only tells you that the code exists – not that it belongs to the person you mean to pay. Some banks now compare the name with the account before you confirm; take any warning seriously. When you pay someone new, some people start with a small amount first and wait for confirmation.

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

An international bank payment can cost more than the listed fee. There is the fee for the transfer itself, sometimes charges from correspondent banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

Many banks do not show the margin on the rate separately, but you pay it all the same. Compare the rate you are offered against the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

For a lot of routes, a transfer service is less expensive than a traditional bank transfer. GoldexPay compares what recipients receive with different services, so you can pick the cheapest route. Using a transfer service does not mean closing your account at Banca di Credito Cooperativo di Turriaco Scrl – you pay the provider from your own account.

Where our SWIFT data comes from

The details on this page are taken from public sources that we update regularly. It can happen that information here is out of date after a merger or reorganisation. Figures such as the number of codes are from our own dataset and may differ from what Banca di Credito Cooperativo di Turriaco Scrl publishes.

Before a payment that matters, always confirm the BIC with Banca di Credito Cooperativo di Turriaco Scrl or the recipient. GoldexPay is not affiliated with Banca di Credito Cooperativo di Turriaco Scrl; we are a comparison site for money transfers. Found an error? Let us know via our contact form.

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

Italy is part of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. For a standard euro transfer within SEPA, you normally only need the IBAN.

The BIC does matter when the currency is not euros, and for transfers from outside SEPA. If your banking app has a field for the BIC regardless, adding ICRAITR1 does no harm.

Instant payments in euros are widely supported within SEPA. Charges on SEPA payments are generally low.