Credito Cooperativo Mediocrati Soc. Coop. A R.l. SWIFT/BIC code

Credito Cooperativo Mediocrati Soc. Coop. A R.l. SWIFT code: ICRAITR1

Whether a recipient gives you ICRAITR1 or ICRAITR1TI1, it is the same address for Credito Cooperativo Mediocrati Soc. Coop. A R.l. in Italy. A SWIFT code shows the banks handling a payment exactly which bank should receive the money, a bit like a postal address for banks. You will need it mainly when dealing with transfers between countries and payments in foreign currencies.

On this page you will find what the code means, when you need it and what else you need for a transfer to or from Credito Cooperativo Mediocrati Soc. Coop. A R.l.. The SWIFT code on its own cannot identify a personal account; that is what the account number or IBAN is for.

What the XXX in ICRAITR1TI1 means

A BIC is made up of a few fixed parts: characters one to four identify the bank, the next two give the country and the two after that indicate the location. The result is ICRAITR1, the short form of the code.

XXX at the end of ICRAITR1TI1 does not stand for a missing value or an error: it indicates the main office of Credito Cooperativo Mediocrati Soc. Coop. A R.l.. Some forms ask for 11 characters, and then you simply enter XXX after ICRAITR1.

Do not add spaces when you enter ICRAITR1; the code is always written in one block. Watch for O versus 0 and I versus 1, a common source of typos.

What a transfer from Credito Cooperativo Mediocrati Soc. Coop. A R.l. abroad really costs

An international bank payment can cost more than the listed fee. There is the fee for the transfer itself, possibly charges from correspondent banks along the way and, most importantly, the exchange rate markup.

That exchange rate margin is often the largest item because it is hidden in the rate. An easy check: set the rate you get against the mid-market rate and work out the difference on your amount.

Specialised transfer providers often use rates closer to the mid-market rate. GoldexPay lists transfer providers side by side, showing the amount the recipient gets before you commit. You can always use your account at Credito Cooperativo Mediocrati Soc. Coop. A R.l. as the source of the money; only the conversion and sending happen elsewhere.

A note on our data

We gather bank codes from public sources and check them regularly. Institutions merge, close branches and change codes, and a directory never catches every change immediately. Figures such as the number of codes are from our own dataset and are not confirmed by Credito Cooperativo Mediocrati Soc. Coop. A R.l..

For a payment of any size, confirm the code with Credito Cooperativo Mediocrati Soc. Coop. A R.l. or the recipient. We are a comparison site for money transfers and not affiliated with Credito Cooperativo Mediocrati Soc. Coop. A R.l.. If you notice a mistake, we appreciate a short note.

Protect yourself against fake payment requests

Scammers regularly use fake invoices with changed bank details. That ICRAITR1 is a real code does not mean that a request mentioning it is legitimate; criminals use the codes of real banks too.

Verify new payment details via a separate channel like a call to a number from an earlier contract, never via the email that asked for the change. Watch out for urgent requests, odd spelling or an email address that differs by one letter. Already paid? Contact your bank straight away and ask them to try to recall the payment and report the fraud.

People receiving money can be targeted as well: a classic trick is an overpayment followed by a request to refund the difference abroad. A screenshot of a transfer proves nothing – check your own account.

Euro transfers to Credito Cooperativo Mediocrati Soc. Coop. A R.l.: is a BIC needed?

Within the SEPA zone, euro payments to Credito Cooperativo Mediocrati Soc. Coop. A R.l. follow the same rules and in most cases need only the IBAN. A field for the BIC is often optional in that case.

A SWIFT code like ICRAITR1 does come into play for payments in other currencies and when the money comes from outside SEPA. Some banks and apps still ask for the BIC out of habit; if so, enter ICRAITR1.

Instant payments in euros have become increasingly available within SEPA. Charges on SEPA payments tend to be low.

When will the money arrive at Credito Cooperativo Mediocrati Soc. Coop. A R.l.?

There is no single delivery time for international payments: some arrive the same day or the next. Payments made after the cut-off time or on a weekend or public holiday often start the next business day. Occasionally a bank asks about the purpose of a payment before releasing it.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique reference, the UETR that banks can use to trace it. Keep your transfer receipt.

Only the sending bank can request a trace; the receiving side usually has nothing to trace yet. On the receiving end, it helps to look at your account to see a slightly lower amount, since fees may have been deducted.

What to give a sender who pays you at Credito Cooperativo Mediocrati Soc. Coop. A R.l.

If you expect money from abroad, send the payer all details at once. What they need is: your name, IBAN or account number, ICRAITR1TI1 and in many cases your postal address.

Their bank might request the address of your bank. A typo in your account number is more trouble than it looks.

The amount you receive can be less than the amount sent. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate applies. On invoices, you can agree who bears the costs to avoid a shortfall.

Which of the 14 codes of Credito Cooperativo Mediocrati Soc. Coop. A R.l. do you need?

With 14 codes in 13 cities, Credito Cooperativo Mediocrati Soc. Coop. A R.l. is one of the banks that use separate codes for parts of the organisation. The head office code remains ICRAITR1TI1.

In most cases there is no need to pick a branch: transfers sent to ICRAITR1TI1 are routed within Credito Cooperativo Mediocrati Soc. Coop. A R.l. without problems. Branch codes are only needed if the recipient’s bank explicitly asks for it.

The best way is to copy the code directly from the recipient’s statement. Codes for branches are more prone to be retired than ICRAITR1TI1.

Verifying the SWIFT code of Credito Cooperativo Mediocrati Soc. Coop. A R.l.

The safest source for a SWIFT code is the bank details provided by the recipient. If the code you have does not match ICRAITR1 or ICRAITR1TI1, do not guess.

A wrong SWIFT code may lead to delays, a returned payment or additional charges along the way. Remember the IBAN: a mistake there can be harder to undo than a wrong BIC.

A format check by your bank only confirms that the code exists – not that it belongs to the person you mean to pay. Some banks now check the name with the account before you confirm – do not ignore a mismatch warning. A small test payment can be worth it for large sums.

Euro (EUR) and conversion costs

The local currency of Italy is the Euro (EUR). If you send another currency has to be converted somewhere along the way: by your bank, an intermediary or Credito Cooperativo Mediocrati Soc. Coop. A R.l. itself. You rarely see a separate charge for that conversion – the cost sits in the rate.

Which bank converts the payment matters. Check how much EUR arrives via different providers.

Exchange rates change all the time – some services let you fix a rate in advance. If you pay regularly, a slightly better rate add up over time.