Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli SWIFT/BIC code

What ICRAITR1 means for a payment to Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli

The short code ICRAITR1 and the full code ICRAITR1R31 refer to one and the same institution: Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli, with its head office in Acquaviva Platani. A BIC does one job: it ensures that money from abroad reaches the right bank. You will need it mostly for payments that cross a border.

We wrote this page to help anyone who pays into an account at Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli without mistakes. Keep in mind that the BIC only identifies the bank, not the person: the IBAN or account number takes care of that.

International transfers from Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli: the real cost

What you pay for a payment abroad is made up of several parts. Besides the transfer fee, correspondent or intermediary banks can deduct a fee, and when currencies are converted the bank usually uses a rate that is less favourable than the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts at a rate that includes a margin. A simple test: put the bank’s rate against the mid-market rate and look at the difference.

For a lot of routes, a specialist provider turns out to be less expensive than a bank – mostly thanks to the rate. On GoldexPay you can compare the amount that arrives across services, which makes the cheapest option easy to spot. You can still use your account at Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli.

What to give a sender who pays you at Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli

A sender in another country will ask for several details about your account, and missing ones are a common cause of delays. What they need is: the account holder’s name, IBAN or account number, ICRAITR1R31 or ICRAITR1 and often your postal address.

Certain banks also ask for the bank’s address in Acquaviva Platani. A typo in the IBAN is more trouble than you might think.

Expect that the amount credited is smaller than what the sender paid. Charges on incoming payments differ from bank to bank. For business payments, it is common to agree how the fees are split, so that nobody is left short.

Tracking a transfer to or from Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli

How fast a payment reaches Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli depends on a few things: the currency, the number of banks in between, cut-off times and time zones. Payments made late in the day or on weekends and holidays often go out the next business day. Occasionally a bank wants to know what the payment is for.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Money transfer services usually show a status online showing where the money has got.

Only the sending bank can start an official trace; the receiving side usually has nothing to trace yet. On the receiving end, it helps to check your statements to see a partial amount, since fees may have been deducted.

Paying Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli in euros within SEPA

Inside SEPA, euro payments to Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli use common rules, so the IBAN does the job in most cases. A field for the BIC is usually optional or missing in that case.

For anything other than euros and for senders outside SEPA, ICRAITR1R31 remains required. Some forms still ask for the BIC out of habit; if so, enter ICRAITR1 or ICRAITR1R31.

Instant euro transfers have become widely available within SEPA; check with Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli whether it applies to your account. Provided no currency is converted, the transfer tends to be cheap; costs rise once a conversion is involved.

8 or 11 characters: ICRAITR1 versus ICRAITR1R31

The layout of every SWIFT code never changes: a bank code of four letters, two for the country and a two-character location code. For Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli, that core is ICRAITR1.

Most payment forms work with either length. If a form requires eleven characters, use ICRAITR1R31.

Leave out spaces when you type ICRAITR1 or ICRAITR1R31. Watch for O versus 0 and the letter I and the digit 1; they are easy to mix up.

About this information

We gather SWIFT/BIC codes using public sources and check them regularly. It is possible that information here is out of date, for example after a merger. The figures on this page reflect what is in our directory, not official figures from Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli.

Treat this page as a starting point, not as the last word. GoldexPay is an independent comparison service and not affiliated with Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli. Found outdated information? Tell us through the contact page.

Changed bank details? Be careful

Stay alert if a contact suddenly wants you to send money to another account or a bank in another country. That ICRAITR1 is a real code is no guarantee that a request mentioning it is genuine.

Always verify a change of bank details by phone on a number you know, not one from the message. Urgency and secrecy are red flags; a genuine business can wait for you to check. When a payment has already gone to a fraudster, call your bank right away.

People receiving money are targeted too: one known trick is a buyer who pays too much and then sends a request to refund the difference abroad. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

Euro (EUR) and conversion costs

Italy uses the Euro, with the currency code EUR. A payment in a foreign currency is exchanged into EUR. Each conversion costs something, even when no fee is shown.

Which bank converts the payment makes a difference. Compare how much EUR arrives via several services.

Exchange rates change all the time, and some providers let you lock in a rate. For recurring payments, small differences in the rate make a real difference over time.

Verifying the SWIFT code of Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli

The safest source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. Compare that code against ICRAITR1 on this page and ask if anything does not match.

If the code is wrong, the transfer might get stuck, be returned or cost extra – sometimes after weeks of searching. A mistake in the IBAN or account number is more serious, because the money may be credited to someone else, so check that just as carefully.

Most online banking apps check the structure of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. More and more banks compare the payee name against the account before you confirm; take any warning seriously. For a first payment, many people start with a small test amount.

Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli: head office code versus branch codes

Banca di Credito Cooperativo 'san Giuseppe' di Mussomeli uses 2 different SWIFT/BIC codes. Only one is the head office code; the rest identify branches or departments.

Unless the recipient tells you otherwise, use ICRAITR1R31. A branch code only makes sense if the recipient’s bank explicitly mentions it, which is more common for corporate accounts and trade services.

The best way is to copy the code directly from the recipient’s bank details. Branch codes are more prone to change than ICRAITR1R31 when a bank merges or closes offices.