Iccrea Banca - Istituto Centrale del Credito Cooperativo SWIFT/BIC code

SWIFT/BIC code of Iccrea Banca - Istituto Centrale del Credito Cooperativo

ICRAITRR and ICRAITRRXXX are two ways of writing the same bank identifier, and both lead to Iccrea Banca - Istituto Centrale del Credito Cooperativo in Roma. A BIC has a single purpose: it makes sure that money from abroad ends up at the right bank. 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 Iccrea Banca - Istituto Centrale del Credito Cooperativo without mistakes. Keep in mind that the SWIFT code just identifies the bank, not the person: the account number or IBAN does that part.

Choosing between the 2 SWIFT codes of Iccrea Banca - Istituto Centrale del Credito Cooperativo

Our directory lists 2 SWIFT/BIC codes for Iccrea Banca - Istituto Centrale del Credito Cooperativo in 2 cities. Besides the head office code ICRAITRRXXX, there are codes for individual branches and departments.

In most cases you do not need to look up a branch: transfers addressed to ICRAITRRXXX reach Iccrea Banca - Istituto Centrale del Credito Cooperativo without problems. Branch codes are only needed when the recipient’s bank explicitly mentions it.

If you are not sure, check with the recipient which code their bank gave them. Codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

ICRAITRR or ICRAITRRXXX – which one to use?

The layout of every SWIFT code is always the same: a bank code of four letters, two for the country and a two-character location code, plus an optional branch code. That gives you ICRAITRR, the short form of the code.

Most payment forms work with either length. If yours asks for eleven characters, enter ICRAITRRXXX.

Do not add spaces or dashes when you enter ICRAITRR or ICRAITRRXXX. A wrong character may route the money to another bank, so copy it carefully.

About this information

The details on this page are taken from publicly available data which we refresh regularly. Even so, banks merge or retire codes and our data may lag behind. Counts and locations come from our directory.

Before a payment that matters, always check the code with Iccrea Banca - Istituto Centrale del Credito Cooperativo or with the recipient. We are an independent comparison service for money transfers and not affiliated with Iccrea Banca - Istituto Centrale del Credito Cooperativo. If you notice a mistake, we welcome a short note.

Protect yourself against fake payment requests

Stay alert when someone suddenly wants you to pay into another account or a bank in another country. That ICRAITRR is a real code is no guarantee that a request mentioning it is genuine; criminals use the codes of real banks too.

Verify new bank details via a different channel, not by replying to the message. Urgency and secrecy are red flags; a genuine business can wait for you to check. Acted too fast? Call your bank without delay and ask them to start a recall and report the fraud.

Recipients are targeted too: a classic trick is a buyer who pays too much followed by a request to send back the difference abroad. Do not act before the money is actually in your account.

Euro transfers to Iccrea Banca - Istituto Centrale del Credito Cooperativo: is a BIC needed?

Since Italy is in SEPA, a euro transfer into Iccrea Banca - Istituto Centrale del Credito Cooperativo from within the SEPA area usually requires just an IBAN. Many banks do not require the BIC for these payments or fill it in for you.

Outside the euro and from non-SEPA countries, ICRAITRRXXX or ICRAITRR remains part of the payment details. Some forms still ask for the BIC; if so, fill in ICRAITRR.

Instant euro transfers have become increasingly available within SEPA. As long as no currency is converted, the transfer tends to be inexpensive; it is the conversion that costs money.

Paying into Iccrea Banca - Istituto Centrale del Credito Cooperativo in EUR

Most accounts at Iccrea Banca - Istituto Centrale del Credito Cooperativo are usually held in EUR, the local currency. Money sent in a different currency will be exchanged into EUR on its way to Iccrea Banca - Istituto Centrale del Credito Cooperativo, and whoever converts it chooses the rate. You rarely see a separate charge for that conversion; it is built into the rate.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Sending the amount already in EUR often avoids a second conversion at the receiving end, provided the rate you get is fair.

Rates for EUR change during the day, and some providers let you lock in a rate. For regular payments, small differences in the rate make a real difference over time.

Tracking a transfer to or from Iccrea Banca - Istituto Centrale del Credito Cooperativo

An international transfer typically needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Weekends and public holidays in the sending or receiving country add extra days. Compliance checks on larger or unusual payments may also add some delay, regardless of the details.

A growing number of banks use SWIFT gpi for faster and traceable payments. Each gpi transfer gets a unique reference, the UETR that banks can use to trace it. Keep your transfer receipt until the recipient confirms.

If a payment has not arrived within the expected time, the sender should contact the bank that sent it, not the receiving bank. Ask the sender for the payment receipt including the reference.

Incoming international payments to Iccrea Banca - Istituto Centrale del Credito Cooperativo

If you are waiting for a payment from another country, give the sender everything they need in one go. Share the account holder’s name, the IBAN or account number, SWIFT code ICRAITRRXXX and your address, which some banks require.

Their bank might request the bank address of Iccrea Banca - Istituto Centrale del Credito Cooperativo, in which case the Roma head office is the usual answer. A mistake in your account number can be more trouble than you might think; copy them from your banking app rather than typing.

Expect that the incoming amount is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, and if the currency changes, a markup on the rate comes on top. For business payments, you can state how the fees are split.

What a transfer from Iccrea Banca - Istituto Centrale del Credito Cooperativo abroad really costs

When you send money abroad via Iccrea Banca - Istituto Centrale del Credito Cooperativo, the visible fee is only part of what you pay. Besides the transfer fee, correspondent or intermediary banks can take a cut, and when the money changes currency, the bank usually applies a rate that is less favourable than the real market rate.

The markup on the rate is often the largest cost, and it is easy to miss. Check the rate you are offered with the mid-market rate.

Specialised transfer providers often use rates closer to the mid-market rate. Next time you send money, it is worth comparing the total cost on GoldexPay instead of going straight to your bank. Choosing a specialist does not require closing your account at Iccrea Banca - Istituto Centrale del Credito Cooperativo.

Is ICRAITRR still correct? How to check

Have the recipient copy their account details directly from their online banking. If the code you have does not match ICRAITRR or ICRAITRRXXX, stop and ask.

Errors in the SWIFT code tend to be annoying rather than fatal: often the payment comes back, minus fees. Remember the IBAN: a mistake there can be harder to undo than a wrong BIC.

An automatic check by your bank only tells you that the IBAN exists – not that it belongs to the person you mean to pay. Some banks now check the payee name with the account before you confirm; take any warning seriously. When you pay someone new, some people start with a small amount first.