Cassa di Risparmio del Veneto S.P.A. SWIFT/BIC code

Cassa di Risparmio del Veneto S.P.A. SWIFT code: IBSPIT2P

The 8-character code IBSPIT2P and the 11-character code IBSPIT2PXXX identify one and the same institution: Cassa di Risparmio del Veneto S.P.A.. Banks worldwide use BIC codes to route international transfers to the right bank. You will need it mainly for payments that cross a border and payments in foreign currencies.

Below we go through the practical questions: money coming in from abroad, paying someone in another country and how to check the code before you hit send. The SWIFT code on its own cannot identify a personal account; that is what the IBAN or account number is for.

IBSPIT2P or IBSPIT2PXXX – which one to use?

The structure of every SWIFT code is always the same: four characters for the institution, a two-letter country code and two for the location. Together, those parts make up IBSPIT2P.

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

Type the code as one block, in upper case and without separators, exactly as shown here. A single letter may route a payment to another bank.

Which of the 167 codes of Cassa di Risparmio del Veneto S.P.A. do you need?

Having 167 codes, Cassa di Risparmio del Veneto S.P.A. is one of the banks that register separate codes for parts of the organisation and departments. The main code is IBSPIT2PXXX.

In most cases you do not need to pick a branch: payments sent to IBSPIT2PXXX reach Cassa di Risparmio del Veneto S.P.A. without problems. A branch code only makes sense if the recipient’s bank explicitly asks for it, which is more common for corporate accounts and trade services.

When in doubt, check with the recipient which code their bank gave them. Branch codes are more prone to change than the head office code.

Tracking a transfer to or from Cassa di Risparmio del Veneto S.P.A.

How quickly a transfer reaches Cassa di Risparmio del Veneto S.P.A. is determined by a few things: the currency, the number of banks in between, daily processing deadlines and differences in time zone. Transfers sent late in the day or just before a weekend or public holiday usually start a business day later. Sometimes a bank asks what the payment is for.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Specialist transfer services usually provide a status in their app so you can see how far the payment has got.

If a payment has not arrived after a few business days, the sender needs to contact the bank that sent it, not the receiving bank. As a recipient, it helps to check your statements to see a partial amount.

Protect yourself against fake payment requests

Fraudsters regularly send fake invoices with new bank details, sometimes in an email that looks completely genuine. A real SWIFT code says nothing about who owns the account – scammers simply use real codes.

Always verify changed bank details by phone. Pressure and secrecy are red flags – a real supplier can wait a day. Acted too fast? Call your bank without delay and ask them to start a recall.

Fraud also work the other way: someone sends too much and asks you to return the difference to a new account. Do not act before the money has really arrived – ask Cassa di Risparmio del Veneto S.P.A. if something looks wrong.

Paying into Cassa di Risparmio del Veneto S.P.A. in EUR

The currency of Italy is the Euro (EUR). When you pay money in a different currency has to be converted somewhere along the way – by your bank, by Cassa di Risparmio del Veneto S.P.A. or by a bank in between. Each conversion costs the amount – usually through the rate rather than a fee.

Which bank converts the payment matters: every bank has its own margin. Transferring the amount directly in EUR usually prevents a second conversion – as long as your own rate is good.

Rates for EUR move all the time – some services let you fix a rate in advance. With bigger transfers, even seemingly small difference in the rate adds up quickly.

What to give a sender who pays you at Cassa di Risparmio del Veneto S.P.A.

To receive a transfer from abroad into your account at Cassa di Risparmio del Veneto S.P.A., the person paying you has to have more than the SWIFT code. What they need is: the account holder’s name, account number or IBAN, IBSPIT2PXXX or IBSPIT2P and often your home address.

The sender’s bank might also ask for the address of your bank. Double-check every detail before you share them.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Charges on incoming payments differ from bank to bank; check the price list of Cassa di Risparmio del Veneto S.P.A.. For business payments, you can agree who bears the costs, so that nobody is left short.

How up to date is this code?

The details on this page come from public sources. Still, banks merge or change codes. The number of codes we show are based on what is in our directory and not on information from Cassa di Risparmio del Veneto S.P.A. itself.

For any payment of any size, confirm the code with Cassa di Risparmio del Veneto S.P.A. or with the recipient. We are a comparison service for money transfers and not affiliated with Cassa di Risparmio del Veneto S.P.A.. If you notice a mistake, we welcome a message via the contact page.

What a transfer from Cassa di Risparmio del Veneto S.P.A. abroad really costs

An international bank payment can cost rather more than the fee suggests. There is the fee for the transfer itself, sometimes charges from correspondent banks along the way and, above all, the exchange rate markup if the currency changes.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. An easy check: put the rate you get against the mid-market rate for the same moment and look at the difference.

For a lot of currency pairs, a specialist provider is less expensive than a bank – mostly thanks to the rate. GoldexPay lists these services next to each other so you can see the amount the recipient gets before you commit. You can always use your account at Cassa di Risparmio del Veneto S.P.A..

Do you need IBSPIT2P for a SEPA transfer?

Italy is part of the Single Euro Payments Area (SEPA), the zone for uniform euro payments. For a regular euro transfer from another SEPA country, you normally only need the IBAN; many banks no longer ask for the BIC.

For anything other than euros and for senders outside SEPA, IBSPIT2PXXX or IBSPIT2P is still part of the payment details. A few forms still ask for the BIC; in that case, fill in IBSPIT2P or IBSPIT2PXXX.

SEPA transfers normally land by the next business day. Provided no currency is converted, a SEPA transfer tends to be inexpensive; it is the conversion that costs money.

Verifying the SWIFT code of Cassa di Risparmio del Veneto S.P.A.

The best place to find the correct BIC is a document from the bank itself. Check it with IBSPIT2P here; if they differ, ask before you pay.

An incorrect BIC may lead to delays, a payment being sent back or additional charges. A mistake in the IBAN or account number can be a bigger problem.

An automatic check by your bank merely confirms that the IBAN exists – not that it belongs to the person you mean to pay. Where available, a payee name check before sending adds extra certainty. When you pay someone new, many people start with a small test amount before sending the rest.