Banca di Udine Credito Cooperativo Soc. Coop. SWIFT/BIC code

SWIFT/BIC code of Banca di Udine Credito Cooperativo Soc. Coop.

Whether you are given ICRAITR1 or ICRAITR1JV8, you are looking at the identical identifier for Banca di Udine Credito Cooperativo Soc. Coop. in Italy. A BIC has a single purpose: it ensures that money from abroad ends up at the right bank. You will need it mostly for transfers between countries.

On this page we explain how the code is put together, when you need it and what else you need for a transfer to or from Banca di Udine Credito Cooperativo Soc. Coop.. Remember that the SWIFT code only identifies the bank, not the account: the IBAN or account number does that part.

Where our SWIFT data comes from

The codes here are taken from publicly available data that we update regularly. Banks merge, change names and retire codes – a directory can be a step behind. The figures on this page are based on what is in our directory, not official figures from Banca di Udine Credito Cooperativo Soc. Coop..

For a payment that matters, always confirm the code with Banca di Udine Credito Cooperativo Soc. Coop. or the recipient. GoldexPay is an independent comparison site and not part of Banca di Udine Credito Cooperativo Soc. Coop.. Spotted outdated information? Tell us via our contact form and we will look into it.

Do you need ICRAITR1 for a SEPA transfer?

Within the SEPA zone, euro payments to Banca di Udine Credito Cooperativo Soc. Coop. follow the same rules. A field for the BIC is usually optional or missing for those payments.

The BIC still come into play for payments in other currencies, and for transfers from outside SEPA. If a payment form asks for the BIC regardless, entering ICRAITR1 is fine.

SEPA transfers usually arrive within one business day; instant payments are faster if both banks offer them. As long as no currency is converted, the transfer is cheap; it is the conversion that costs money.

Verifying the SWIFT code of Banca di Udine Credito Cooperativo Soc. Coop.

Ask the recipient to copy their bank details directly from their banking app. Compare it against ICRAITR1 on this page; if they differ, ask before you pay.

Errors in the BIC tend to be annoying more than fatal: often the payment comes back, minus fees. Do not forget the account number: a mistake there is harder to correct than a wrong BIC.

Many banking apps check the format of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. If your bank offers it, a name check on the recipient adds an extra layer of safety. A small test payment can be worth it for a large first payment.

Incoming international payments to Banca di Udine Credito Cooperativo Soc. Coop.

To receive a transfer from abroad into your account at Banca di Udine Credito Cooperativo Soc. Coop., the person paying you needs more than the BIC. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code ICRAITR1JV8 and usually your postal address.

Their bank might request the address of your bank; the head office in Campoformido is usually fine. A mistake in your account number is harder to fix than it looks; copy them from your banking app rather than typing.

An incoming payment does not always arrive in full. Fees for incoming transfers vary per bank. Agree with the sender who pays which costs before the money is sent.

Tracking a transfer to or from Banca di Udine Credito Cooperativo Soc. Coop.

How quickly a transfer arrives at Banca di Udine Credito Cooperativo Soc. Coop. depends on several factors: which currency you send, the number of banks in between, cut-off times and differences in time zone. Payments made late in the day or just before a weekend or public holiday often go out a business day later. Compliance checks on larger or unusual payments can also cause a delay.

If the money is late, contact the sending bank for the status; with that reference banks can see where the payment is. Money transfer services usually provide tracking in their app showing how far the money has got.

Only the sending bank is able to start an official trace. On the receiving end, it helps to check your statements to see a partial amount because fees can reduce the amount.

Head office or branch code at Banca di Udine Credito Cooperativo Soc. Coop.?

Banca di Udine Credito Cooperativo Soc. Coop. uses 4 different SWIFT/BIC codes. Only one is the head office code; the rest belong to branches or departments, and sometimes internal departments.

Usually there is no need to pick a branch: payments addressed to ICRAITR1JV8 reach Banca di Udine Credito Cooperativo Soc. Coop. without problems. Branch codes are only needed when the account holder specifically mentions it, which is more common for corporate accounts and specialised services.

The safest approach is to copy the code straight from the recipient’s statement. Codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

What the XXX in ICRAITR1JV8 means

The layout of every SWIFT code never changes: a bank code of four letters, a two-letter country code and two for the location, plus an optional branch code. In this case, that core is ICRAITR1.

XXX at the end of ICRAITR1JV8 is not a placeholder or an error: it stands for the main office of Banca di Udine Credito Cooperativo Soc. Coop.. Certain payment forms insist on 11 characters, in which case you can enter XXX after ICRAITR1.

Enter the code as one block, in capitals and without separators, exactly as shown here. Look out for the letter O and the digit 0 and I versus 1, a common source of typos.

Euro (EUR) and conversion costs

The currency in Italy is the Euro (EUR). When you pay another currency gets converted somewhere along the way – by your bank, by Banca di Udine Credito Cooperativo Soc. Coop. or by a bank in between. Every conversion costs the amount.

Which bank converts the money makes a difference, because each party uses its own rate. Transferring the money already in EUR often prevents an extra conversion by Banca di Udine Credito Cooperativo Soc. Coop..

The rate for EUR changes throughout the day, so the amount you see is usually only valid for a short time. On larger amounts, even small difference in the rate can be worth more than the fee.

What a transfer from Banca di Udine Credito Cooperativo Soc. Coop. abroad really costs

When you transfer money to another country via Banca di Udine Credito Cooperativo Soc. Coop., the fee you see is only part of what you pay. On top of the transfer fee, banks in between can deduct a fee, and if currencies are converted, the bank usually applies a rate that is less favourable than the actual market rate.

Many banks do not list their exchange rate markup separately – you only notice it if you compare. An easy check: put the rate you get against the mid-market rate and look at the difference.

Money transfer services often offer rates closer to the mid-market rate with clearer fees. Next time you send money, it is worth comparing the total cost via GoldexPay instead of going straight to your bank. You can always keep your account at Banca di Udine Credito Cooperativo Soc. Coop.; only the conversion and sending happen elsewhere.

Changed bank details? Be careful

Stay alert when someone suddenly wants you to pay into a different account. That ICRAITR1 is a real code does not mean that the account is genuine – fraudsters use real bank codes as well.

Do not rely on contact details in the same message that announces 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.

Scams can also work the other way: someone sends more than agreed and wants you to refund the extra. Do not act before the money is actually in your account.