Banca Malatestiana Credito Cooperativo-Soc. Coop. SWIFT/BIC code

ICRAITR1 – the SWIFT/BIC code of Banca Malatestiana Credito Cooperativo-Soc. Coop.

The 8-character code ICRAITR1 and the full code ICRAITR1E2Q refer to the same bank: Banca Malatestiana Credito Cooperativo-Soc. Coop., with its head office in Rimini. Banks worldwide use BIC codes to direct payments between countries to the right institution. In daily life you usually see it on international invoices, in payment forms and in the bank details of Banca Malatestiana Credito Cooperativo-Soc. Coop. customers.

This page is meant to help anyone who sends money to an account at Banca Malatestiana Credito Cooperativo-Soc. Coop.. A SWIFT code names a bank or branch, not a specific account, which is why you always need the account number too.

8 or 11 characters: ICRAITR1 versus ICRAITR1E2Q

A BIC is built from a few fixed parts: characters one to four stand for the bank, the next two give the country and the two after that mark the location. That gives you ICRAITR1.

The long version has a three-character extension for a branch or department. If the last three are XXX, the code points to the head office, so ICRAITR1E2Q and ICRAITR1 are interchangeable.

Do not add spaces or dashes when you type ICRAITR1; the code is always written in one block. A single letter may route the money to another bank.

A note on our data

Our SWIFT/BIC directory is compiled from public sources. Banks merge, change names and retire codes, and a directory never catches every change immediately. Counts and locations are from our directory.

Treat our data as a starting point, rather than as the final word – the bank details from the recipient are leading. We are a comparison service for money transfers and not part of Banca Malatestiana Credito Cooperativo-Soc. Coop.. Should you notice something that is out of date, we welcome a message via the contact page.

How to check ICRAITR1 before you pay

The best place to find the right code is paperwork issued by the bank, such as a statement or the account details in online banking. Check it with ICRAITR1 here.

An incorrect BIC can cause delays, a returned payment or extra fees. Do not forget the account number: a mistake there can be more difficult to correct than a wrong code.

Many banking apps check the structure of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. If your bank offers it, a name check on the recipient gives an extra layer of safety. When you pay someone new, some people start with a small test amount before sending the rest.

Euro transfers to Banca Malatestiana Credito Cooperativo-Soc. Coop.: is a BIC needed?

Italy is part of the Single Euro Payments Area (SEPA). For a standard euro transfer from another SEPA country, you normally only need the IBAN and the BIC is often filled in automatically.

The BIC still matter when the currency is not euros and when the money comes from outside SEPA. Some banks and apps also show a field for the BIC out of habit; in that case, fill in ICRAITR1 or ICRAITR1E2Q.

SEPA transfers usually arrive within one business day; instant payments are faster if both banks offer them. Charges on SEPA transfers tend to be low.

Getting paid from abroad into a Banca Malatestiana Credito Cooperativo-Soc. Coop. account

Someone abroad who wants to pay you needs a few details from you. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the BIC ICRAITR1E2Q (or ICRAITR1) and usually your postal address.

The sender’s bank may request the address of your bank; the head office in Rimini is usually fine. A mistake in your account number is harder to fix than you might think; copy them from your banking app rather than typing.

Money from abroad will not always arrive for the full amount. Charges on incoming payments vary per bank – the price list of Banca Malatestiana Credito Cooperativo-Soc. Coop. tells you what applies. Make clear with the sender who covers the fees.

Which of the 2 codes of Banca Malatestiana Credito Cooperativo-Soc. Coop. do you need?

Banca Malatestiana Credito Cooperativo-Soc. Coop. has 2 separate SWIFT/BIC codes across 1 locations. One of them is the head office code; the others identify branches or departments.

Usually there is no need to look up a branch: transfers sent to ICRAITR1E2Q reach Banca Malatestiana Credito Cooperativo-Soc. Coop. without problems. Just use a branch code when the account holder gives you that exact code, for example on a letter or invoice.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes are more prone to be retired than ICRAITR1E2Q.

International transfers from Banca Malatestiana Credito Cooperativo-Soc. Coop.: the real cost

The price of a payment abroad has more than one component, and the transfer fee is only the most visible one. On top of a fixed fee, banks in between may deduct a fee, and when currencies are converted the bank usually uses a rate below the real market rate.

Many banks rarely show their exchange rate markup as a cost – you only notice it if you compare. Compare the rate you are offered against the mid-market rate; the gap is what conversion costs you.

For many routes, a transfer service turns out to be cheaper than a bank. GoldexPay compares the amount that arrives with different services. Choosing a specialist does not require leaving Banca Malatestiana Credito Cooperativo-Soc. Coop. – you pay the provider from your own account.

Watch out for payment fraud

Fraudsters often use payment requests containing new bank details sent from what looks like a familiar address. That ICRAITR1 is a real code is no guarantee that the account is genuine.

Verify new payment details through a different channel like a call to a number from an earlier contract, not by replying to the message. 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: the sooner they act, the better the chance of a recall.

Scams can also target the receiver: someone claims to have sent too much and asks you to refund the difference to a new account. Wait until the money is actually in your account and check with Banca Malatestiana Credito Cooperativo-Soc. Coop. if anything seems off.

Tracking a transfer to or from Banca Malatestiana Credito Cooperativo-Soc. Coop.

There is no single delivery time for international payments: some land within a day while others need several business days. Payments made after the cut-off time or on weekends and holidays often start the next business day. Compliance checks by one of the banks may also add a delay.

If the money seems delayed, contact your bank about the tracking status. Save your transfer receipt until the money has arrived.

The bank that sent the money can request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for the payment receipt including the reference.

The Euro and what conversion costs you

Accounts at Banca Malatestiana Credito Cooperativo-Soc. Coop. are typically held in EUR, the local currency of Italy. If you send another currency it gets converted at some point: by your bank, an intermediary or Banca Malatestiana Credito Cooperativo-Soc. Coop. itself. Each conversion costs the amount – usually through the rate rather than a fee.

Who does the conversion has an effect on the final amount, as rates and margins differ per bank. Sending the money already in EUR usually prevents an extra conversion at the receiving end, provided the rate you get is fair.

Exchange rates move all the time, and some providers let you lock in a rate. If you pay regularly, a slightly better rate add up over a year.