Banca Popolare di Cortona S.c.per Az. SWIFT/BIC code

SWIFT/BIC code of Banca Popolare di Cortona S.c.per Az.

The short code POCSIT31 and the full code POCSIT31XXX refer to the same bank: Banca Popolare di Cortona S.c.per Az., with its head office in Cortona. A BIC does one job: it ensures that an international payment ends up at the right bank. It comes up mainly for payments that cross a border and payments in foreign currencies.

On this page we explain how the code is put together, when you need it and what else a transfer to or from Banca Popolare di Cortona S.c.per Az. requires. A SWIFT code names an institution, never a specific account; the IBAN or account number does that.

A note on our data

The directory on GoldexPay is compiled from publicly available sources and is updated regularly. Even so, banks merge or retire codes, so information can be out of date. Counts and locations come from our directory and may differ from what Banca Popolare di Cortona S.c.per Az. publishes.

For any payment of any size, check the code with Banca Popolare di Cortona S.c.per Az. or the recipient. We are an independent comparison service for money transfers and not part of Banca Popolare di Cortona S.c.per Az.. Spotted outdated information? Let us know through the contact page.

Which of the 10 codes of Banca Popolare di Cortona S.c.per Az. do you need?

With 10 codes, Banca Popolare di Cortona S.c.per Az. is one of the banks that use separate codes for parts of the organisation and departments. The main code remains POCSIT31XXX.

For the vast majority of payments to a private or business account, the head office code POCSIT31XXX is what you need. When you receive a branch code, use it as it is rather than swapping it with the head office code.

When in doubt, check with the recipient for the exact BIC in their bank details. Codes for branches are more likely to change than the head office code when a bank merges or closes offices.

Sending money abroad from Banca Popolare di Cortona S.c.per Az.

When you send money to another country via Banca Popolare di Cortona S.c.per Az., the visible fee is only part of what you pay. On top of a fixed fee, correspondent or intermediary banks can take a cut, and when the money changes currency the bank often uses a rate below the real market rate.

Many banks do not list the margin on the rate as a cost. Compare their rate against the mid-market rate – the rate you find on financial news sites.

Money transfer services frequently use rates closer to the mid-market rate with clearer fees. Next time you send money, it is worth to compare what arrives via GoldexPay. You can still use your account at Banca Popolare di Cortona S.c.per Az..

Sending EUR to Banca Popolare di Cortona S.c.per Az.

Accounts at Banca Popolare di Cortona S.c.per Az. are typically held in EUR, the local currency. If you send another currency, the amount gets converted at some point. There is rarely a separate line for the conversion; it is built into the rate.

Who does the conversion has an effect on how much arrives. Often it is cheaper to send EUR straight away through a provider with a good rate rather than letting the receiving bank convert.

Rates for EUR change during the day – some services let you fix a rate in advance. On larger amounts, even seemingly small gap in the rate adds up quickly.

Do you need POCSIT31 for a SEPA transfer?

Italy is a member of the SEPA area, the zone for uniform euro payments. When you send euros from another SEPA country, you normally only need the IBAN and the BIC is often filled in automatically.

A SWIFT code like POCSIT31 still matter for payments in other currencies. If a payment form has a field for the BIC regardless, adding POCSIT31 does no harm.

Instant euro transfers are widely supported across SEPA. Provided the payment stays in euros, the transfer tends to be cheap; it is the conversion that costs money.

How to check POCSIT31 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. When the code you were given differs from POCSIT31 or POCSIT31XXX, do not guess: check with the recipient or with Banca Popolare di Cortona S.c.per Az. directly.

With a wrong code, the payment might be delayed, be returned or cost extra, and tracing it can take weeks. A mistake in the account number is a bigger problem because it can reach the wrong person; check it just as carefully.

Most online banking apps validate the format of an IBAN and sometimes look up the BIC automatically. Some banks now compare the payee name against the account. A small test payment is worth it for large sums.

POCSIT31 or POCSIT31XXX – which one to use?

The structure of every SWIFT code is always the same: a bank code of four letters, two for the country and two for the location. Combined, those parts make up POCSIT31 – the version you usually see online.

The 11-character version adds a three-character extension that identify a branch or department. If the last three are XXX, the code points to the head office, which is why POCSIT31XXX and POCSIT31 lead to the same place.

Type the code in one piece, in upper case and without spaces. A single character can send a payment to another bank.

When will the money arrive at Banca Popolare di Cortona S.c.per Az.?

There is no single delivery time: many arrive within a day while others need several business days. Payments made late in the day or on weekends and holidays often go out the next business day. Occasionally a bank wants to know about the purpose of a payment, which can hold things up.

Many banks use SWIFT gpi. Every payment carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually show a status online so you can see how far the payment is.

Only the sending bank can request a trace or a recall; the receiving side usually has nothing to trace yet. Ask the sender for a copy of the payment confirmation with the date and reference; that often settles the question quickly.

Incoming international payments to Banca Popolare di Cortona S.c.per Az.

When you expect money from abroad, send the payer a complete set of details. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code POCSIT31XXX and sometimes your address.

Their bank might also ask for the bank address of Banca Popolare di Cortona S.c.per Az.. Check the details before you send them, because the sender’s bank usually copies them as is.

An incoming payment does not always arrive for the full amount. Charges on incoming payments vary from bank to bank – the price list of Banca Popolare di Cortona S.c.per Az. tells you what applies. Make clear with the sender who pays which costs, especially for larger amounts.

Watch out for payment fraud

A common scam works like this: you receive a request saying that a contact has a new bank account. The fact that POCSIT31 exists is no guarantee that a request mentioning it is legitimate; criminals use the codes of real banks too.

Before paying, confirm changed bank details by phone on a number you know, not one from the message. Urgency or secrecy are red flags. When a payment was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Fraud can also work the other way. Someone sends more than agreed and wants you to refund the extra via a different route. Do not act before the money is actually in your account – ask Banca Popolare di Cortona S.c.per Az. if something looks wrong.