Banca di Udine Credito Cooperativo Societa'cooperativo SWIFT/BIC code

Banca di Udine Credito Cooperativo Societa'cooperativo SWIFT code: ICRAITR1

The short code ICRAITR1 and the full code ICRAITR1JVB identify one and the same institution: Banca di Udine Credito Cooperativo Societa'cooperativo, with its head office in Martignacco. A BIC does one job: it makes sure that an international payment reaches the right bank. It comes up mostly for payments that cross a border or a currency.

Below we go through the practical questions: receiving money at Banca di Udine Credito Cooperativo Societa'cooperativo, paying someone in another country and how to verify a SWIFT code before you confirm a payment. Keep in mind that the SWIFT code only identifies the bank, not the person: the account number or IBAN takes care of that.

How long does an international transfer to Banca di Udine Credito Cooperativo Societa'cooperativo take?

How fast a payment reaches Banca di Udine Credito Cooperativo Societa'cooperativo is determined by a few things: which currency you send, the number of banks in between, cut-off times and time zones. Transfers sent after the cut-off time or on weekends and holidays usually go out a business day later. Extra checks by one of the banks may also cause some delay, even when all details are correct.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer gets a unique reference, the UETR that banks can use to trace it. Save your transfer receipt until the recipient confirms.

If a payment has not arrived after a few business days, the person who paid needs to contact their own bank, not the receiving bank. Request from the sender a copy of the payment confirmation.

Sending money abroad from Banca di Udine Credito Cooperativo Societa'cooperativo

The price of an international transfer has more than one component. Besides the transfer fee, banks in between can deduct a fee, and when the money changes currency the bank often applies a rate that is less favourable than the real market rate.

That exchange rate margin tends to be the largest item even though it is not listed as a fee. Compare their rate with the mid-market rate. The difference is your real conversion cost.

Money transfer services frequently offer a rate near the mid-market rate with clearer fees. GoldexPay lists these services side by side so you can see what actually arrives. You can always use your account at Banca di Udine Credito Cooperativo Societa'cooperativo to fund the transfer, while a cheaper service handles the conversion.

The Euro and what conversion costs you

Italy pays in the Euro (EUR). Money sent in a different currency will be exchanged into EUR on its way to Banca di Udine Credito Cooperativo Societa'cooperativo – and the bank that does it picks the rate. Every conversion eats into the amount, even when no fee is shown.

Which bank converts the money makes a difference, because each party uses its own rate. Often you pay less to send EUR directly via a provider that converts near the mid-market rate.

The EUR rate changes constantly, so the amount you see is usually only valid for a short time. With bigger transfers, a seemingly small gap in the rate can be worth more than the fee.

Watch out for payment fraud

Stay wary when someone suddenly wants you to pay into a different account abroad. The fact that ICRAITR1 exists does not mean that the account is genuine – fraudsters use real bank codes as well.

Always verify a change of bank details through a phone call, using a number you already had. Pressure and requests to keep it quiet are warning signs. Already paid? Call the bank you paid from without delay and ask them to try to recall the payment and report the fraud.

Fraud can also target the receiver: someone claims to have sent more than agreed and wants you to return the difference. Wait until the money is actually in your account and check with Banca di Udine Credito Cooperativo Societa'cooperativo if anything seems off.

About this information

We collect bank codes using public sources and check them regularly. Even so, banks merge, rename themselves or change codes, so information can be out of date. The number of codes we show are based on what is in our directory.

Treat our directory here as a helpful check, and let the details from the recipient or Banca di Udine Credito Cooperativo Societa'cooperativo have the final say. GoldexPay is not affiliated with Banca di Udine Credito Cooperativo Societa'cooperativo. Should you notice a mistake, we appreciate a message.

ICRAITR1 or ICRAITR1JVB – which one to use?

Each SWIFT/BIC code has an 8-character core: four letters for the bank, two letters for the country and a two-character location code. For Banca di Udine Credito Cooperativo Societa'cooperativo, the 8-character core is ICRAITR1.

Most payment forms work with either length. If a form requires eleven characters, use ICRAITR1JVB, otherwise ICRAITR1 is fine.

Leave out spaces or dashes when you type ICRAITR1 or ICRAITR1JVB. A wrong letter may route the money to a different institution, so copy it carefully.

Getting paid from abroad into a Banca di Udine Credito Cooperativo Societa'cooperativo account

To receive a transfer from abroad at Banca di Udine Credito Cooperativo Societa'cooperativo, the sender needs more than the SWIFT code. The basics are: the account holder’s name, IBAN or account number, ICRAITR1JVB or ICRAITR1 and, for some countries, your postal address.

Their bank may request the address of your bank, in which case the Martignacco head office is the usual answer. A typo in your account number is more trouble than you might think; copy them from your banking app rather than typing.

Money from abroad does not always land for the full amount. Fees for incoming transfers vary per bank – the price list of Banca di Udine Credito Cooperativo Societa'cooperativo tells you what applies. Agree with the sender who covers the fees.

SEPA payments and the Banca di Udine Credito Cooperativo Societa'cooperativo BIC

Inside SEPA, euro transfers to Banca di Udine Credito Cooperativo Societa'cooperativo use common rules, so the IBAN does the job in most cases. The BIC field is often optional in that case.

You still need ICRAITR1JVB when sending non-euro payments or money from outside the SEPA area. Some banks and apps also ask for the BIC; in that case, fill in ICRAITR1.

Instant euro transfers have become widely supported within SEPA – whether Banca di Udine Credito Cooperativo Societa'cooperativo offers them for your account is worth checking. Provided the payment stays in euros, a SEPA transfer is cheap; costs rise once a conversion is involved.

Choosing between the 2 SWIFT codes of Banca di Udine Credito Cooperativo Societa'cooperativo

Banca di Udine Credito Cooperativo Societa'cooperativo uses 2 different SWIFT/BIC codes across 2 locations. One of them is the head office code; the rest belong to branches, and sometimes internal departments.

If nobody asks you for a branch code, use ICRAITR1JVB or its short form ICRAITR1. When you receive a branch code, stick to it rather than swapping it for the head office code.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Branch codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

How to check ICRAITR1 before you pay

Have the recipient send you their account details directly from their online banking. Check that code with ICRAITR1 on this page and ask if anything does not match.

A wrong SWIFT code can cause a delay, a returned payment or extra fees. Do not forget the IBAN: an error there can be harder to undo than a wrong code.

Most online banking apps validate the structure of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. Where available, a payee name check on the recipient gives an extra layer of safety. Sending a small amount first can be worth it for large sums despite the extra fee.