Cassa di Risparmio di Bra S.P.A. SWIFT/BIC code

CRBRIT21 – the SWIFT/BIC code of Cassa di Risparmio di Bra S.P.A.

CRBRIT21 and CRBRIT21XXX are the short and the long form of the same SWIFT/BIC code, and both lead to Cassa di Risparmio di Bra S.P.A. in Bra. A SWIFT code tells every bank in the chain which institution should receive the money. It comes up mostly for payments that cross a border and payments in foreign currencies.

This page is meant to help anyone who sends money to an account at Cassa di Risparmio di Bra S.P.A. and wants to get the details right. Remember that the SWIFT code only identifies the bank, not the account: the account number or IBAN takes care of that.

Sending money abroad from Cassa di Risparmio di Bra S.P.A.

The price of a payment abroad has more than one component – not just the fee on your screen. Besides the transfer fee, correspondent or intermediary banks may deduct a fee, and if currencies are converted, the bank often uses a rate that is less favourable than the real market rate.

That exchange rate margin tends to be the biggest item. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

Specialised transfer providers often offer rates closer to the mid-market rate and lower fees. On GoldexPay you can compare what recipients receive with different providers, so you can pick the cheapest route. Using a transfer service does not require leaving Cassa di Risparmio di Bra S.P.A. – you pay the provider from your own account.

When will the money arrive at Cassa di Risparmio di Bra S.P.A.?

How quickly a transfer reaches Cassa di Risparmio di Bra S.P.A. depends on several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Payments made late in the day or just before weekends and holidays usually go out a business day later. Sometimes a bank wants to know what the payment is for, which can hold things up.

If the money seems delayed, contact your bank for the status and the transaction reference so they can trace it along the chain. Money transfer services often provide a status in their app so you can see how far the money has got.

A delayed transfer has to be investigated by the sending bank. Request from the sender the payment receipt including the reference – it helps your own bank look for the money.

Why Cassa di Risparmio di Bra S.P.A. has an 8- and an 11-character code

Every SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, a two-letter country code and two characters for the location. The result is CRBRIT21.

XXX at the end of CRBRIT21XXX does not stand for a missing value or an error: it indicates the head office of Cassa di Risparmio di Bra S.P.A.. Some forms ask for 11 characters, and then you simply enter XXX after CRBRIT21.

Type the code as one block, in upper case and without spaces, exactly as shown here. Look out for the letter O and the digit 0 or the letter I and the digit 1, a common source of typos.

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

The most reliable place for the right code remains a document from the bank itself, such as a statement or the account details in online banking. When the code you were given differs from CRBRIT21 or CRBRIT21XXX, stop and ask – contact the recipient or Cassa di Risparmio di Bra S.P.A..

Mistakes in the SWIFT code tend to be costly rather than fatal – usually the money comes back, minus fees and time lost. A mistake in the IBAN or account number can be more serious because it can reach the wrong person; check it just as carefully.

An automatic check by your bank merely tells you that the code exists – not that it belongs to the person you mean to pay. Where available, a payee name check before sending gives an extra layer of safety. Sending a small amount first is a sensible step for a large first payment, even if it costs an extra fee.

The Euro and what conversion costs you

Most accounts at Cassa di Risparmio di Bra S.P.A. are usually held in EUR, the national currency. A payment in a foreign currency will be exchanged into EUR – and the bank that does it picks the rate. There is rarely a separate charge for the conversion.

Who converts the payment makes a difference, because each party uses its own rate. Transferring the amount directly in EUR often prevents an extra conversion at the receiving end.

Rates for EUR move during the day – some services let you fix a rate in advance. For recurring payments, a slightly better rate add up over time.

Do you need CRBRIT21 for a SEPA transfer?

Italy belongs to the SEPA area, the zone for standardised 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.

You still need CRBRIT21XXX for non-euro payments or money from outside the SEPA area. A few forms still ask for the BIC out of habit; if so, enter CRBRIT21.

Instant payments in euros are widely supported within SEPA – whether Cassa di Risparmio di Bra S.P.A. offers them for your account is worth checking. Provided no currency is converted, the transfer tends to be cheap; costs rise once a conversion is involved.

Incoming international payments to Cassa di Risparmio di Bra S.P.A.

To receive a transfer from abroad at Cassa di Risparmio di Bra S.P.A., the person paying you needs more than the SWIFT code. Share the account holder’s name, your account number or IBAN, the BIC CRBRIT21XXX and your address.

It helps to include Cassa di Risparmio di Bra S.P.A. and its city too. A typo in your account number is more trouble than it looks.

Do not be surprised if the incoming amount is smaller than the amount on the sender’s receipt. Fees for incoming transfers vary per bank – the price list of Cassa di Risparmio di Bra S.P.A. tells you what applies. Make clear with the sender who pays which costs.

Cassa di Risparmio di Bra S.P.A.: head office code versus branch codes

Cassa di Risparmio di Bra S.P.A. has 14 different SWIFT/BIC codes. Only one is the head office code; the others belong to branches, and sometimes internal departments.

For most payments to a private or business account, the head office code CRBRIT21XXX is what you need. If you have been given a branch code, use it as it is instead of replacing it with the head office code.

The safest route is to copy the code directly from the account holder’s bank details. Codes for branches are more prone to be retired than the head office code when a bank merges or closes offices.

How up to date is this code?

The details on this page are taken from publicly available data. It can happen that information on this page is out of date, for example after a merger. Figures such as the number of codes are from our directory and are not confirmed by Cassa di Risparmio di Bra S.P.A..

See the information here as a helpful check. GoldexPay is not affiliated with Cassa di Risparmio di Bra S.P.A.. Should you notice something that is out of date, we welcome a message.

Protect yourself against fake payment requests

One of the most common tricks goes like this: an email arrives with a message saying that a company has new bank details and asking you to pay there from now on. A correct SWIFT code says nothing about whether the request is genuine.

Never trust a phone number in the same message that contains the new account. Be suspicious of urgent requests, unusual wording or a sender address that is slightly off. If money was sent to a fraudster, call your bank right away.

Scams can also target the receiver. Someone claims to have sent too much and asks you to refund the extra via a different route. A payment confirmation from the sender is no proof.