Banco Fiorentino - Mugello Impruneta Signa Cred.coop. SWIFT/BIC code

ICRAITR1 – the SWIFT/BIC code of Banco Fiorentino - Mugello Impruneta Signa Cred.coop.

The 8-character code ICRAITR1 and the 11-character code ICRAITR1916 refer to the same bank: Banco Fiorentino - Mugello Impruneta Signa Cred.coop., with its head office in Barberino di Mugello. Banks worldwide use these codes to direct international transfers to the correct institution. You will need it mainly for transfers between countries or a currency.

On this page you will find what the code is put together, when it matters and what else you need for a transfer to or from Banco Fiorentino - Mugello Impruneta Signa Cred.coop.. The BIC names a bank or branch, not a specific account, which is why you always need the account number too.

How long does an international transfer to Banco Fiorentino - Mugello Impruneta Signa Cred.coop. take?

How quickly a transfer arrives at Banco Fiorentino - Mugello Impruneta Signa Cred.coop. is determined by several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Transfers sent after the cut-off time or just before a weekend or public holiday often start the next business day. Compliance checks by one of the banks can also cause some delay.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique reference, the UETR that banks can use to trace it. Save the payment confirmation until the recipient confirms – you will need it for any trace request.

If a payment has not arrived within the expected time, the person who paid should contact the bank that sent it. Request from the sender a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

Which of the 10 codes of Banco Fiorentino - Mugello Impruneta Signa Cred.coop. do you need?

Banco Fiorentino - Mugello Impruneta Signa Cred.coop. has 10 separate SWIFT/BIC codes. One of them is the head office code, ICRAITR1916; the rest belong to branches or departments, and sometimes specific services.

In most cases there is no need to look up a branch: payments sent to ICRAITR1916 reach Banco Fiorentino - Mugello Impruneta Signa Cred.coop. correctly. A branch code only makes sense if the recipient’s bank explicitly mentions it, which is more common for business accounts and specialised services.

The safest approach is to take the code directly from the recipient’s bank details. Branch codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

About this information

We gather bank codes from public sources and update them regularly. Banks merge, close branches and retire codes. Counts and locations come from our own dataset and are not confirmed by Banco Fiorentino - Mugello Impruneta Signa Cred.coop..

Use this page as a starting point, not as the final word. GoldexPay is an independent comparison service and not affiliated with Banco Fiorentino - Mugello Impruneta Signa Cred.coop.. Should you notice something that is out of date, we appreciate a message.

What to give a sender who pays you at Banco Fiorentino - Mugello Impruneta Signa Cred.coop.

To receive an international payment into your account at Banco Fiorentino - Mugello Impruneta Signa Cred.coop., the sender has to have more than the BIC. What they need is: the account holder’s name, account number or IBAN, ICRAITR1916 or ICRAITR1 and often your postal address.

Their bank may request the address of your bank; the head office in Barberino di Mugello is usually fine. Check every detail before you send them, because the sender’s bank usually copies them as is.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Correspondent banks can take a fee, and when currencies differ, a markup on the rate comes on top. Agree with the sender who covers the fees, especially for larger amounts.

Sending money abroad from Banco Fiorentino - Mugello Impruneta Signa Cred.coop.

The price of an international transfer has more than one component, and the transfer fee is only the most visible one. There is the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, most importantly, the exchange rate markup when the money is converted.

Many banks do not list their exchange rate markup separately, but you pay it all the same. An easy check: put the rate you get next to the mid-market rate and work out the difference on your amount.

For many currency pairs, a specialist provider is cheaper than a traditional bank transfer, mainly because of the exchange rate. Before your next transfer, take a minute comparing the total cost on GoldexPay instead of going straight to your bank. Using a transfer service does not mean closing your account at Banco Fiorentino - Mugello Impruneta Signa Cred.coop.: you simply pay the service from your account.

Do you need ICRAITR1 for a SEPA transfer?

Italy is part of the SEPA area. For a regular euro transfer within SEPA, you normally only need the IBAN and the BIC is often filled in automatically.

You still need ICRAITR1916 for payments in other currencies or money from outside the SEPA area. A few forms still ask for the BIC; if so, enter ICRAITR1 or ICRAITR1916.

Euro payments within SEPA normally land by the next business day; instant payments are faster if both banks offer them. Provided the payment stays in euros, the transfer is cheap; costs rise once a conversion is involved.

ICRAITR1 or ICRAITR1916 – which one to use?

A BIC is made up of a few fixed parts: the first four letters stand for the bank, characters five and six give the country and the two after that mark the location. Combined, these eight characters make up ICRAITR1.

The 11-character version has a three-character extension for a branch or department. If the last three are XXX, the code points to the head office, which is why ICRAITR1916 and ICRAITR1 lead to the same place.

In practice the code is written in capitals and without spaces. Look out for O versus 0 and the letter I and the digit 1, a common source of typos.

Protect yourself against fake payment requests

One of the most common tricks goes like this: an email arrives with a request saying that a supplier has new bank details and that the next payment should go there. A valid SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Verify changed payment details through a separate channel, such as a phone number you already know, never via the email that asked for the change. Pressure and secrecy are red flags – a real supplier can wait a day. Acted too fast? Contact the bank you paid from straight away and have them start a recall.

People receiving money can be targeted as well: one known trick is a buyer who pays too much and then sends a request to refund the difference. Wait until the money is actually in your account and check with Banco Fiorentino - Mugello Impruneta Signa Cred.coop. if anything seems off.

How to check ICRAITR1 before you pay

The most reliable place for the right code is paperwork issued by the bank, such as a statement or the account details in online banking. Compare that code with ICRAITR1 on this page; if they differ, ask before you pay.

Mistakes in the SWIFT code are costly more than disastrous – usually the money comes back, minus fees and time lost. An error in the IBAN or account number can be a bigger problem, because the money may be credited to someone else, so check that just as carefully.

Many banking apps check the structure of IBANs and some suggest the matching BIC, but that does not prove the account belongs to the right person. If your bank offers it, a name check before sending adds an extra layer of safety. A small test payment is a sensible step for large sums despite the extra fee.

Sending EUR to Banco Fiorentino - Mugello Impruneta Signa Cred.coop.

Italy pays in the Euro (EUR). A payment in a foreign currency will be exchanged into EUR before it reaches the account. Every conversion costs something, even when no fee is shown.

Who converts the payment matters. Often it is cheaper if you send EUR straight away via a provider with a good rate rather than letting the receiving bank convert.

The rate for EUR changes constantly and quotes are often valid only for a short time. On larger amounts, a seemingly small difference in the rate adds up quickly.