Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. SWIFT/BIC code

ICRAITR1 – the SWIFT/BIC code of Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l.

The 8-character code ICRAITR1 and the full code ICRAITR1JS3 refer to the same bank: Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. in Erice, Italy. Banks worldwide use these codes to direct payments between countries to the right bank. You will need it mainly for payments that cross a border.

Further down we go through the practical side: receiving money at Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l., sending money abroad and how to verify a SWIFT code before you confirm a payment. The BIC names an institution, never a single account.

A note on our data

The codes on this page are taken from public sources that we update regularly. Even so, banks merge, rename themselves or retire codes. The number of codes on this page are based on our own data.

See the information on this page as a handy check and rely on the recipient or Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. for the final confirmation. GoldexPay is independent of Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l.. Spotted outdated information? Let us know through the contact page and we will look into it.

What the XXX in ICRAITR1JS3 means

The structure of every SWIFT code is always the same: a bank code of four letters, two for the country and two for the location. The result is ICRAITR1, the short form of the code.

The 11-character version adds three more characters that identify a branch or department. If the last three are XXX, the code points to the head office, which is why ICRAITR1JS3 and ICRAITR1 lead to the same place.

Do not add spaces or dashes when you type ICRAITR1; the code is always written in one block. Look out for O versus 0 and I versus 1, a common source of typos.

Verifying the SWIFT code of Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l.

Have the recipient copy the bank details straight from a recent statement. When the code you were given does not match ICRAITR1 or ICRAITR1JS3, stop and ask – contact the recipient or Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l..

Errors in the SWIFT code tend to be costly more than disastrous. Do not forget the account number: an error there can be more difficult to undo than a wrong code.

An automatic check by your bank only tells you that the IBAN is valid, not that it is the right account. Where available, a name check before sending gives extra certainty. Sending a small amount first can be worth it for a large first payment despite the extra fee.

Head office or branch code at Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l.?

Having 3 codes, Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. belongs to the banks that use separate codes for parts of the organisation and departments. The head office code remains ICRAITR1JS3.

For the vast majority of payments to a private or business account, the head office code ICRAITR1JS3 is what you need. A branch code only makes sense when the recipient’s bank explicitly mentions it, which is more common for corporate accounts and trade services.

The best way is to take the code directly from the account holder’s bank details. Codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

International transfers from Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l.: the real cost

The price of an international transfer has more than one component – not just the fee on your screen. You pay the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, above all, the margin on the exchange rate when the money is converted.

Banks rarely show their exchange rate markup as a cost, but you pay it all the same. An easy check: set the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services frequently use a rate near the mid-market rate and lower fees. Next time you send money, take a minute to compare what arrives on GoldexPay instead of going straight to your bank. You can still use your account at Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. as the source of the money, while a cheaper service handles the conversion.

Do you need ICRAITR1 for a SEPA transfer?

Since Italy is in SEPA, a euro payment into Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. from within the SEPA area normally requires just an IBAN. Many banks no longer ask for the BIC in that case.

You still need ICRAITR1JS3 for payments in other currencies or money from outside the SEPA area. A few banks and apps still show a field for the BIC; in that case, fill in ICRAITR1 or ICRAITR1JS3.

Euro payments within SEPA normally land within one business day; instant payments are faster if both banks offer them. Fees for SEPA transfers tend to be low.

Getting paid from abroad into a Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. account

Someone abroad who wants to pay you will ask for several details from you – incomplete details often cause delays. Give them the account holder’s name, the IBAN or account number, SWIFT code ICRAITR1JS3 and your address, which some banks require.

Some banks want the name and address of Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. in Erice, so keep it at hand. Double-check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Charges on incoming payments differ per bank. Agree with the sender who covers the fees.

Sending EUR to Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l.

Italy pays in the Euro. If you send another currency gets converted at some point – by your bank, by Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. or by a bank in between. There is rarely a separate charge for the conversion.

Where the conversion happens affects the final amount. Sending the money already in EUR usually avoids a second conversion at the receiving end – as long as your own rate is good.

Exchange rates move during the day – some services let you fix a rate in advance. For regular payments, a slightly better rate add up over time.

How long does an international transfer to Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. take?

How quickly a transfer arrives at Banca di Credito Cooperativo 'sen Pietro Grammatico' Soc.coop.a R.l. is determined by several factors: which currency you send, the number of banks in between, cut-off times and time zones. Transfers sent after the cut-off time or just before weekends and holidays usually go out a business day later. Occasionally a bank asks what the payment is for, which can hold things up.

A growing number of banks use SWIFT gpi. Every payment gets a unique reference, the UETR that banks can use to trace it. Money transfer services often show tracking online so you can see how far the money is.

If the money does not arrive within the expected time, the person who paid needs to start with their own bank. Ask the sender for the payment receipt with the date and reference.

Protect yourself against fake payment requests

Stay wary when someone suddenly asks you to send money to another account or a bank in another country. A correct SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Do not rely on contact details in the same message that announces the new account. Pressure or requests to keep it quiet are warning signs – a real supplier can wait a day. If money was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference abroad. A payment confirmation from the sender is no proof; only your own account shows what has arrived.