Banca di Piacenza SWIFT/BIC code

SWIFT/BIC code of Banca di Piacenza

The 8-character code BCPCIT2P and the 11-character code BCPCIT2PXXX refer to the same bank: Banca di Piacenza. Every bank on the SWIFT network uses these codes to direct payments between countries to the right bank. In daily life you mostly come across it on invoices from abroad, in payment forms and on the account details of Banca di Piacenza customers.

Further down you will find the practical side: money coming in from abroad, sending money abroad and how to check the code before you hit send. The SWIFT code on its own cannot identify a personal account; for that you need the IBAN or account number is for.

How to check BCPCIT2P before you pay

The best place to find the correct BIC remains a document from the bank itself like a bank statement or the account page in online banking. If the code you have differs from BCPCIT2P or BCPCIT2PXXX, stop and ask: check with the recipient or with Banca di Piacenza directly.

An incorrect BIC can cause a delay, a payment being sent back or extra fees. An error in the account number can be a bigger problem because it can reach the wrong person, so check that just as carefully.

An automatic check by your bank only tells you that the IBAN exists. If your bank offers it, a name check on the recipient adds extra certainty. A small test payment is a sensible step for large sums, even if it costs an extra fee.

A note on our data

We gather SWIFT/BIC codes using publicly available data and check them regularly. Banks reorganise, change names and change codes. The figures on this page reflect what is in our directory.

Use this page as a reference, rather than as the final word. GoldexPay is not affiliated with Banca di Piacenza, we only compare transfer services. Found outdated information? Tell us through the contact page so we can correct it.

Changed bank details? Be careful

One of the most common tricks works like this: you receive a message saying that a supplier now has new bank details and that the next payment should go there. A valid SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Do not trust contact details from the same email that announces the change. Watch out for time pressure, unusual wording or a sender address that is slightly off. Acted too fast? Call the bank you paid from straight away and have them try to recall the payment and report the fraud.

Fraud can also target the receiver: someone sends too much and asks you to return the extra. A screenshot of a transfer proves nothing.

International transfers from Banca di Piacenza: the real cost

If you send money abroad via Banca di Piacenza, the fee you see is only part of the cost. On top of the transfer fee, banks in between can take a cut, and if currencies are converted, the bank usually applies a rate below the actual market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate that includes a margin. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Specialised transfer providers often use rates closer to the mid-market rate and lower fees. GoldexPay compares these services next to each other, showing what actually arrives for the same amount sent. Choosing a specialist does not mean closing your account at Banca di Piacenza.

Euro transfers to Banca di Piacenza: is a BIC needed?

Within the SEPA zone, euro transfers to Banca di Piacenza use common rules and in most cases need only the IBAN. The BIC field is usually optional or missing for those payments.

You will still need BCPCIT2PXXX for non-euro payments or transfers from countries outside SEPA. If your banking app asks for the BIC regardless, entering BCPCIT2P does no harm.

Instant payments in euros have become increasingly available across SEPA – whether Banca di Piacenza offers them for your account is worth checking. Fees for SEPA payments are generally low as long as everything stays in euros.

What to give a sender who pays you at Banca di Piacenza

Someone abroad who wants to pay you needs several details about your account, and missing ones are a common cause of delays. What they need is: your name, IBAN or account number, BCPCIT2PXXX or BCPCIT2P and in many cases your home address.

You can add Banca di Piacenza and Piacenza as well, since some forms ask for it. Check every detail before you share them.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Correspondent banks can take a fee, and when currencies differ, an exchange rate margin comes on top. On invoices, you can state who bears the costs to avoid a shortfall.

Choosing between the 55 SWIFT codes of Banca di Piacenza

Our directory lists 55 SWIFT/BIC codes for Banca di Piacenza in 42 cities. Next to the head office code BCPCIT2PXXX, you will find codes for regional offices and specialised units.

In most cases you do not need to look up a branch: transfers addressed to BCPCIT2PXXX are routed within Banca di Piacenza correctly. Branch codes are only needed when the recipient’s bank explicitly asks for it.

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

Sending EUR to Banca di Piacenza

Italy pays in the Euro, code EUR. When you pay money in a different currency has to be converted at some point – by your bank, by Banca di Piacenza or by a bank in between. Each conversion eats into the amount, even when no fee is shown.

Which bank converts the payment matters, because each party uses its own rate. Check how much EUR the recipient gets via different providers before choosing one.

The rate for EUR fluctuates constantly. With bigger transfers, a small gap in the rate adds up quickly.

BCPCIT2P or BCPCIT2PXXX – which one to use?

The structure of a BIC never changes: four characters for the institution, two for the country and a two-character location code, sometimes followed by a branch code. Together, these eight characters make up BCPCIT2P – the version you usually see online.

The 11-character version adds a three-character extension for a branch or department. When those three characters are XXX, the code points to the head office, which is why BCPCIT2PXXX and BCPCIT2P lead to the same place.

Leave out spaces or dashes when you enter BCPCIT2P or BCPCIT2PXXX. Pasting the code beats typing it by hand, because one wrong letter changes the bank.

Transfer times and tracking a payment to Banca di Piacenza

How fast a payment arrives at Banca di Piacenza is determined by a few things: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Payments made late in the day or on a weekend or public holiday often start the next business day. Sometimes a bank asks about the purpose of a payment.

A growing number of banks use SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique transaction reference, the UETR. Specialist transfer services often show tracking online showing where the money is.

If the money does not arrive within the expected time, the sender should contact the bank that sent it rather than Banca di Piacenza. As a recipient, it helps to check your account for a slightly lower amount.