Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco SWIFT/BIC code

ICRAITR1 – the SWIFT/BIC code of Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco

The 8-character code ICRAITR1 and the 11-character code ICRAITR1K8H refer to one and the same institution: Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco, with its head office in Albignasego. The code has a single purpose: it makes sure that an international payment ends up at the right bank. In daily life you mostly see the code on invoices from abroad, in payment forms and on the account details that Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco provides.

Below we go through the practical questions: money coming in from abroad, paying someone in another country and how to verify the code before you confirm a payment. Remember that the BIC just identifies the bank, not the account: the IBAN or account number takes care of that.

Paying someone abroad from your Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco account

What you pay for an international transfer is made up of several parts – not just the fee on your screen. On top of the transfer fee, correspondent or intermediary banks can take a cut, and when currencies are converted the bank often uses a rate below the real market rate.

The real cost is often in the rate: many banks convert at a rate with a margin built in. An easy check: put the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

Specialised transfer providers often use a rate near the mid-market rate with clearer fees. Before your next transfer, take a minute comparing the total cost on GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not require closing your account at Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco: you simply pay the service from your account.

When will the money arrive at Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco?

There is no fixed delivery time for every transfer: some land within a day. Weekends and public holidays in either country add a day or more, since banks do not process on those days. Sometimes a bank asks what the payment is for.

If the money is delayed, contact your bank about the tracking status. Save your transfer receipt; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the sender should start with their own bank, not the receiving bank. Ask the sender for a copy of the payment confirmation; that often settles the question quickly.

Scams that use SWIFT codes

A common scam goes like this: an email arrives with a message saying that a supplier now has a new bank account and asking you to pay there from now on. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Always confirm a change of bank details by phone on a number you know, not one from the message. Watch out for urgent requests, unusual wording or an email address that differs by one letter. When money has already gone to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Fraud can also work the other way: someone sends too much and wants you to return the difference to a new account. A payment confirmation from the sender is no proof – check your own account.

SEPA payments and the Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco BIC

Since Italy is part of the SEPA zone, a euro transfer to Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco from within the SEPA area usually requires just an IBAN. Many banks do not require the BIC in that case or fill it in for you.

For anything other than euros and from non-SEPA countries, ICRAITR1K8H or ICRAITR1 is still required. If a payment form has a field for the BIC anyway, adding ICRAITR1 is fine.

Euro payments within SEPA normally land by the next business day, and instant transfers in seconds where both banks support them. Charges on SEPA transfers are generally low as long as everything stays in euros.

Verifying the SWIFT code of Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco

Ask the recipient to copy their bank details directly from a recent statement. Check it against ICRAITR1 on this page.

A wrong SWIFT code may lead to a delay, a returned payment or additional charges for investigation. Remember the IBAN: an error there is harder to correct than a wrong BIC.

Many banking apps check the structure of IBANs and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a name check before sending adds an extra layer of safety. For a first payment, many people start with a small amount first.

Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco: head office code versus branch codes

Having 20 codes in 14 locations, Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco is one of the banks that register individual codes for parts of the organisation and departments. The main code is ICRAITR1K8H.

In most cases there is no need to look up a branch: transfers sent to ICRAITR1K8H are routed within Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco without problems. When you receive a branch code, use it as it is rather than swapping it with the head office code.

The safest approach is to take the code directly from the recipient’s bank details. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.

Receiving money from abroad at Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco

To receive a transfer from abroad into your account at Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco, the sender has to have more than the SWIFT code. Give them your name as the bank knows it, your account number or IBAN, the BIC ICRAITR1K8H and your address.

Some banks also ask for the address of Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco; it does no harm to include it. Double-check each detail before you send them.

The amount you receive can be less than the amount sent. Fees for incoming transfers vary from bank to bank. On invoices, you can agree who bears the costs to avoid a shortfall.

8 or 11 characters: ICRAITR1 versus ICRAITR1K8H

A BIC is built from fixed blocks: characters one to four stand for the bank, the next two show the country and the two after that indicate the location. Combined, these eight characters make up ICRAITR1, the code most people search for.

The long version has a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office, which is why ICRAITR1K8H and ICRAITR1 lead to the same place.

Leave out spaces or dashes when you enter ICRAITR1. Look out for the letter O and the digit 0 and I versus 1, a common source of typos.

Sending EUR to Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco

The national currency of Italy is the Euro (EUR). A payment in a foreign currency is converted into EUR before it reaches the account. Each conversion eats into something, even when no fee is shown.

Who converts the payment makes a difference. Compare what EUR the recipient gets via different services; the difference between options can be larger than you expect.

Rates for EUR change all the time, and some providers let you lock in a rate. If you pay regularly, small differences in the rate add up over a year.

How up to date is this code?

This directory is compiled from public sources. Still, banks merge or retire codes, so information can be out of date. The figures on this page reflect what is in our directory.

Treat our data as a starting point, not as the final word. GoldexPay is a comparison site and not part of Banca Patavina Credito Cooperativo di Sant Elena Epiove di Sacco. Spotted outdated information? Let us know through the contact page.