Credito Cooperativo di Spinazzola Soc. Coop. SWIFT/BIC code

SWIFT/BIC code of Credito Cooperativo di Spinazzola Soc. Coop.

Whether a recipient gives you ICRAITR1 or ICRAITR1O94, it is the identical identifier for Credito Cooperativo di Spinazzola Soc. Coop. in Italy. Every bank on the SWIFT network uses BIC codes to route payments between countries to the right bank. In daily life you usually come across the code on international invoices, in payment forms and in the bank details of Credito Cooperativo di Spinazzola Soc. Coop. customers.

We wrote this page to help anyone who pays into an account at Credito Cooperativo di Spinazzola Soc. Coop. without mistakes. The SWIFT code on its own does not identify an individual account holder; for that you need the account number or IBAN is for.

Paying into Credito Cooperativo di Spinazzola Soc. Coop. in EUR

Accounts at Credito Cooperativo di Spinazzola Soc. Coop. are usually held in EUR, the national currency. A payment in a foreign currency is converted into EUR on its way to Credito Cooperativo di Spinazzola Soc. Coop.. Each conversion eats into the amount.

Where the conversion happens affects the final amount. Often you pay less to send EUR straight away through a provider with a good rate.

Exchange rates move during the day. With bigger transfers, even small difference in the rate adds up quickly.

Do you need ICRAITR1 for a SEPA transfer?

Within the SEPA zone, euro transfers to Credito Cooperativo di Spinazzola Soc. Coop. use common rules, so the IBAN does the job in most cases. A field for the BIC is often optional in that case.

Outside the euro and from non-SEPA countries, ICRAITR1O94 or ICRAITR1 remains required. A few forms still ask for the BIC; if so, fill in ICRAITR1.

Instant payments in euros have become widely available within SEPA; check with Credito Cooperativo di Spinazzola Soc. Coop. whether it applies to your account. Fees for SEPA transfers are generally low as long as everything stays in euros.

About this information

We gather SWIFT/BIC codes from publicly available data and check them regularly. Banks reorganise, close branches and change codes, and a directory never catches every change immediately. Counts and locations come from our own dataset and are not confirmed by Credito Cooperativo di Spinazzola Soc. Coop..

For any payment of any size, confirm the BIC with the recipient’s bank or with the recipient. We are a comparison site and not part of Credito Cooperativo di Spinazzola Soc. Coop.. If you notice something that is out of date, we welcome a message.

Transfer times and tracking a payment to Credito Cooperativo di Spinazzola Soc. Coop.

How fast a payment arrives at Credito Cooperativo di Spinazzola Soc. Coop. is determined by several factors: the currency, the number of banks in between, cut-off times and differences in time zone. Payments made late in the day or on a weekend or public holiday usually go out a business day later. Sometimes a bank wants to know what the payment is for.

If the money seems delayed, contact your bank about the tracking status and the transaction reference; with that reference banks can see where the payment is. Save the payment confirmation until the recipient confirms – you will need it for any trace request.

A delayed transfer has to be traced from the sending side on the basis of the transfer details. As a recipient, it helps to check your statements for a slightly lower amount because fees can reduce the amount.

Protect yourself against fake payment requests

A common scam works like this: you receive a message claiming that a supplier now has a new bank account. The fact that ICRAITR1 exists does not mean that the account is legitimate – fraudsters use real bank codes as well.

Never rely on a phone number from the same email that contains the new account. Pressure or requests to keep it quiet tend to be red flags – a real supplier can wait a day. If money was sent to a fraudster, contact your bank immediately.

People receiving money can be targeted as well: a classic trick is an overpayment and then sends a request to send back the difference abroad. A screenshot of a transfer is no proof.

Paying someone abroad from your Credito Cooperativo di Spinazzola Soc. Coop. account

An international bank payment can cost more than the listed fee. Besides a fixed fee, correspondent or intermediary banks may take a cut, and when the money changes currency, the bank usually uses a rate that is less favourable than the real market rate.

The real cost is often in the rate, rather than in the fee: many banks convert using an exchange rate that includes a margin. A simple test: set the bank’s rate next to the mid-market rate and look at the difference.

Specialised transfer providers often offer rates closer to the mid-market rate and lower fees. Before your next transfer, take a minute comparing what arrives on GoldexPay. Choosing a specialist does not mean closing your account at Credito Cooperativo di Spinazzola Soc. Coop. – you pay the provider from your own account.

Credito Cooperativo di Spinazzola Soc. Coop.: head office code versus branch codes

Credito Cooperativo di Spinazzola Soc. Coop. uses 2 different SWIFT/BIC codes across 2 cities. Only one is the head office code; the rest identify branches.

For most incoming transfers, the head office code ICRAITR1O94 is the right choice. Just use a branch code when the account holder explicitly asks for it, for example on a letter or invoice.

Unsure which code to use? Check with the recipient, or look at a recent statement from Credito Cooperativo di Spinazzola Soc. Coop.. Codes can change over time.

Before you send: check the Credito Cooperativo di Spinazzola Soc. Coop. code

The best place to find the correct BIC is a document from the bank itself. When the code you were given differs from ICRAITR1 or ICRAITR1O94, do not guess.

If the code is wrong, the transfer might be delayed, bounce back or end up costing more – sometimes after weeks of searching. Do not forget the IBAN: an error there can be harder to correct than a wrong code.

Many banking apps check the format of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. More and more banks check the payee name with the account; take any warning seriously. When you pay someone new, many people send a small amount first before sending the rest.

Why Credito Cooperativo di Spinazzola Soc. Coop. has an 8- and an 11-character code

The structure of every SWIFT code never changes: four characters for the institution, two for the country and a two-character location code, sometimes followed by a branch code. For Credito Cooperativo di Spinazzola Soc. Coop., that core is ICRAITR1.

Most payment forms work with either length. If a form requires eleven characters, use ICRAITR1O94, otherwise ICRAITR1 is fine.

Type the code in one piece, in upper case and without spaces. Pasting the code beats typing it by hand.

Incoming international payments to Credito Cooperativo di Spinazzola Soc. Coop.

To receive an international payment at Credito Cooperativo di Spinazzola Soc. Coop., the person paying you has to have not just the SWIFT code. The basics are: your name, IBAN or account number, ICRAITR1O94 and, for some countries, your postal address.

Certain sending banks want the bank’s address, so keep it at hand. A mistake in the IBAN can be more trouble than you might think; copy them from your banking app rather than typing.

The amount you receive is often lower than the amount sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate comes on top. On invoices, you can state how the fees are split.