Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc SWIFT/BIC code

SWIFT/BIC code of Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc

If an invoice shows ICRAITR1 or ICRAITR1D1C, you are looking at the identical address for Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc in Italy. 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.

We wrote this page to help people who pays into an account at Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc and wants to get the details right. Remember that the BIC just identifies the bank, not the account: the IBAN or account number takes care of that.

What a transfer from Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc abroad really costs

An international bank payment can cost rather more than the fee suggests. You pay the fee for the transfer itself, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate when the money is converted.

That exchange rate margin tends to be the biggest cost. Check their rate against the mid-market rate – the rate you find on financial news sites.

For a lot of currency pairs, a transfer service is cheaper than a bank, mainly because of the exchange rate. GoldexPay lists these services side by side so you can see the amount the recipient gets. Using a transfer service does not mean leaving Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc.

What the XXX in ICRAITR1D1C means

Every SWIFT/BIC code has an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. That gives you ICRAITR1.

The 11-character version has a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office, so ICRAITR1D1C and ICRAITR1 are interchangeable.

As a rule the code is written in capitals. A single letter can send the money to a different institution, so check it twice.

Getting paid from abroad into a Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc account

When you expect a payment from another country, give the sender a complete set of details. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC ICRAITR1D1C and usually your postal address.

The sender’s bank might request the address of your bank. A typo in the IBAN is more trouble than it looks; copy them from your banking app rather than typing.

An incoming payment will not always arrive in full. Fees for incoming transfers differ per bank; check the price list of Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc. On invoices, you can state who bears the costs to avoid a shortfall.

How long does an international transfer to Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc take?

How fast a payment reaches Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc is determined by several factors: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Transfers sent after the cut-off time or just before a weekend or public holiday usually go out a business day later. Compliance checks by one of the banks may also add a delay, regardless of the details.

When a payment takes longer than expected, contact the sending bank about the status or the UETR; with that reference banks can see where the payment is. Save your transfer receipt until the money has arrived – you will need it for any trace request.

A missing payment is investigated by the sending bank on the basis of the transfer details. As a recipient, you can look at your statements for a partial amount.

Where our SWIFT data comes from

We gather SWIFT/BIC codes using publicly available data and update them from time to time. It can happen that information on this page is no longer current after a merger or reorganisation. The number of codes on this page reflect our own data, not official figures from Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc.

Treat this page as a starting point, not as the final word – the bank details from the recipient are leading. GoldexPay is not affiliated with Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc; we are a comparison site for money transfers. If you notice something that is out of date, we appreciate a message via the contact page.

Head office or branch code at Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc?

Having 3 codes in 2 locations, Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc belongs to the banks that register separate codes for branches and departments. The main code is ICRAITR1D1C.

In most cases there is no need to look up a branch: transfers addressed to ICRAITR1D1C are routed within Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc correctly. A branch code only makes sense if the recipient’s bank specifically mentions it.

When in doubt, check with the recipient which code their bank gave them. Branch codes can change when banks reorganise, so a code from an old document is not always valid.

Is ICRAITR1 still correct? How to check

The best place to find the right code is a document from the bank itself. Compare that code against ICRAITR1 here and ask if anything does not match.

Mistakes in the BIC are costly more than fatal. Do not forget the IBAN: a mistake there is more difficult to correct than a wrong code.

Most online banking apps validate the structure of IBANs and some suggest the matching BIC, but that does not prove the account belongs to the right person. Some banks now check the payee name against the account before you confirm; take any warning seriously. For a first payment, many people start with a small test amount before sending the rest.

Do you need ICRAITR1 for a SEPA transfer?

Italy belongs to the Single Euro Payments Area (SEPA). When you send euros within SEPA, the IBAN is usually enough; many banks no longer ask for the BIC.

Outside the euro and from non-SEPA countries, ICRAITR1D1C or ICRAITR1 remains required. If your banking app asks for the BIC anyway, entering ICRAITR1 does no harm.

Instant payments in euros are widely available across SEPA – whether Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc offers them for your account is worth checking. Charges on SEPA transfers tend to be low as long as everything stays in euros.

Paying into Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc in EUR

Italy uses the Euro. Money sent in a different currency is converted into EUR before it reaches the account – and the bank that does it picks the rate. There is rarely a separate line for that conversion; it is built into the rate.

Where the conversion happens has an effect on how much arrives, since every bank sets its own rate. In many cases you pay less to send EUR directly through a transfer service with a good rate rather than letting the receiving bank convert.

The rate for EUR fluctuates constantly, so the amount you see is usually only valid for a short time. If you pay regularly, a slightly better rate make a real difference over a year.

Changed bank details? Be careful

Scammers often use payment requests with changed bank details sent from what looks like a familiar address. A real SWIFT code says nothing about who owns the account.

Check changed bank details through a different channel, not by replying to the message. Urgency or requests to keep it quiet are red flags – a real supplier can wait a day. Acted too fast? Call your bank straight away and ask them to start a recall; also report it to the police.

Recipients are targeted too: a classic trick is an overpayment followed by a request to send back the difference. Wait until the money is actually in your account – ask Cassa Rurale Ed Artigiana di Castellana Grotte-Credito Cooperativo Soc if something looks wrong.