B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl SWIFT/BIC code

B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl SWIFT code: ICRAITR1

Whether a recipient gives you ICRAITR1 or ICRAITR1L92, you are looking at the identical address for B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl in Italy. Every bank on the SWIFT network uses these codes to direct international transfers to the right bank. In daily life you mostly come across the code on invoices from abroad, in your banking app and on the account details that B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl provides.

On this page you can read what the code is put together, when it matters and which other details you need for a transfer to or from B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl. Keep in mind that the SWIFT code only identifies the bank, not the account: the IBAN or account number does that part.

Receiving money from abroad at B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl

To receive a transfer from abroad at B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl, the person paying you has to have not just the SWIFT code. Give them the account holder’s name, your account number or IBAN, the BIC ICRAITR1L92 and your address.

Some banks also ask for the address of B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl. Check the details before you share them, because the sender’s bank usually copies them as is.

What lands in your account is often less than what was sent. Charges on incoming payments differ from bank to bank – the price list of B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl tells you what applies. On invoices, it is common to agree how the fees are split, so that nobody is left short.

8 or 11 characters: ICRAITR1 versus ICRAITR1L92

Every SWIFT/BIC code has an 8-character core: a four-letter bank code, two letters for the country and a two-character location code. The result is ICRAITR1 for B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl.

The full version has a three-character extension for a branch or department. When those three characters are XXX, they simply mean the head office.

Do not add spaces when you type ICRAITR1. Pasting the code is safer than retyping it, because one wrong letter changes the bank.

When will the money arrive at B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl?

How fast a payment reaches B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl is determined by several factors: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Bank holidays in either country add extra days, since banks do not process on those days. Sometimes a bank asks what the payment is for before releasing it.

Many banks use SWIFT gpi. Each payment carries a unique reference, the UETR that banks can use to trace it. Keep your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

If a payment has not arrived within the expected time, the person who paid needs to start with the bank that sent it. As a recipient, you can look at your statements for a partial amount, since fees may have been deducted.

Is ICRAITR1 still correct? How to check

Have the recipient copy the account details straight from their banking app. Compare it against ICRAITR1 on this page; if they differ, ask before you pay.

With a wrong code, the transfer may be delayed, be returned or end up costing more – sometimes after weeks of searching. Remember the IBAN: an error there can be harder to correct than a wrong code.

An automatic check by your bank only confirms that the code exists. Some banks now compare the payee name against the account – do not ignore a mismatch warning. For a first payment, many people send a small test amount and wait for confirmation.

Changed bank details? Be careful

Be wary when someone unexpectedly wants you to send money to a different account or a bank in another country. A real SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Before paying, confirm a change of bank details by phone. Pressure and secrecy tend to be warning signs; a genuine business can wait for you to check. If money was sent to the wrong account, call your bank right away – speed improves the chance of getting it back.

Fraud can also work the other way: someone sends too much and asks you to refund the extra to a new account. Wait until the money has really arrived and check with B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl if anything seems off.

About this information

The details here are taken from publicly available data. It can happen that a code here is no longer current, for example after a merger. Counts and locations come from our directory and are not confirmed by B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl.

Before a payment of any size, confirm the code with B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl or the recipient. We are an independent comparison service and not affiliated with B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl. Should you notice something that is out of date, we welcome a short note.

Sending EUR to B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl

The national currency in Italy is the Euro (EUR). When you pay another currency has to be converted somewhere along the way. You rarely see a separate charge for that conversion – the cost sits in the rate.

Where the conversion happens affects the final amount, as rates and margins differ per bank. In many cases it is cheaper if you send EUR directly via a transfer service that converts near the mid-market rate.

Exchange rates move during the day. On larger amounts, even seemingly small difference in the rate adds up quickly.

Choosing between the 7 SWIFT codes of B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl

Having 7 codes, B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl is one of the banks that register individual codes for parts of the organisation. The main code remains ICRAITR1L92.

For the vast majority of payments to a private or business account, the head office code ICRAITR1L92 is the right choice. Just use a branch code when the recipient explicitly asks for it.

The safest route is to take the code straight from the account holder’s bank details. Branch codes are sometimes changed or retired when banks reorganise.

SEPA payments and the B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl BIC

Inside SEPA, euro transfers to an account in Italy follow the same rules, so the IBAN does the job in most cases. A field for the BIC is often optional for those payments.

The BIC still matter for payments in other currencies. A few banks and apps also show a field for the BIC out of habit; if so, fill in ICRAITR1 or ICRAITR1L92.

Instant euro transfers have become increasingly supported within SEPA. Fees for SEPA transfers are generally low as long as everything stays in euros.

Paying someone abroad from your B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl account

An international bank payment can cost more than the listed fee. You pay the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, above all, the exchange rate markup.

The real cost is often in the rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

Money transfer services frequently use rates closer to the mid-market rate. GoldexPay lists these services next to each other, showing the amount the recipient gets for the same amount sent. Using a transfer service does not require closing your account at B.c.c. di Recanati e Colmurano - Recanati (Mc) Scrl.