Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. SWIFT/BIC code

Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. SWIFT code: ICRAITR1

Whether you are given ICRAITR1 or ICRAITR1NN1, you are looking at the identical identifier for Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. in Italy. Banks worldwide use these codes to direct payments between countries to the right bank. In daily life you mostly come across the code on invoices from abroad, in payment forms and in the bank details that Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. provides.

This page is meant to help anyone who sends money to an account at Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. without mistakes. The SWIFT code on its own does not identify a personal account; that is what the IBAN or account number is for.

Terre Etrusche e di Maremma Cred. Coop. Soc. Coop.: head office code versus branch codes

Our database contains 9 SWIFT/BIC codes for Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. in 6 cities. Besides the head office code ICRAITR1NN1, you will find codes for individual branches and departments.

Usually there is no need to look up a branch: transfers sent to ICRAITR1NN1 are routed within Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. correctly. If you have been given a specific code, stick to it instead of replacing it with the head office code.

The safest route is to copy the code straight from the account holder’s bank details. Branch codes are more likely to be retired than ICRAITR1NN1 when a bank merges or closes offices.

Protect yourself against fake payment requests

Fraudsters regularly send payment requests containing changed bank details sent from what looks like a familiar address. That ICRAITR1 is a real code is no guarantee that a request mentioning it is genuine.

Do not trust a phone number from the same email that contains the change. Urgency and secrecy tend to be warning signs – a real supplier can wait a day. When a payment has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference abroad. A payment confirmation from the sender proves nothing.

Do you need ICRAITR1 for a SEPA transfer?

Italy belongs to the Single Euro Payments Area (SEPA), the zone for uniform euro payments. For a regular euro transfer from another SEPA country, the IBAN is usually enough; many banks no longer ask for the BIC.

For anything other than euros and from non-SEPA countries, ICRAITR1NN1 remains part of the payment details. If a payment form has a field for the BIC regardless, entering ICRAITR1 is fine.

Euro payments within SEPA usually arrive by the next business day; instant payments are faster if both banks offer them. Provided no currency is converted, the transfer is inexpensive; it is the conversion that costs money.

Before you send: check the Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. code

The most reliable place for the correct BIC remains a document from the bank itself. Compare it against ICRAITR1 here.

A wrong SWIFT code can cause a delay, a returned payment or extra fees. 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 sometimes look up the BIC automatically – that confirms the format, not the owner. Where available, a payee name check on the recipient adds an extra layer of safety. For a first payment, some people send a small amount first before sending the rest.

About this information

The directory on GoldexPay draws on public sources and is updated regularly. Still, banks merge, rename themselves or change codes, so information can be out of date. Figures such as the number of codes come from our own dataset.

Use our data as a reference, not as the final word: the recipient’s bank details come first. We are an independent comparison site and not part of Terre Etrusche e di Maremma Cred. Coop. Soc. Coop.. Found outdated information? Tell us via our contact form and we will look into it.

Sending EUR to Terre Etrusche e di Maremma Cred. Coop. Soc. Coop.

The currency of Italy is the Euro (EUR). If you send money in a different currency, the amount has to be converted at some point. There is rarely a separate line for the conversion – the cost sits in the rate.

Who converts the payment matters, because each party uses its own rate. In many cases it is cheaper if you send EUR directly through a transfer service with a good rate, so that the receiving bank does not need to convert again.

The rate for EUR fluctuates constantly, so the amount you see is usually only valid for a short time. With bigger transfers, even seemingly small gap in the rate adds up quickly.

8 or 11 characters: ICRAITR1 versus ICRAITR1NN1

A BIC is built from a few fixed parts: characters one to four stand for the bank, characters five and six show the country and the two after that indicate the location. Combined, those parts form ICRAITR1, the code most people search for.

Many payment forms work with both lengths. If a form asks for eleven characters, enter ICRAITR1NN1.

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

International transfers from Terre Etrusche e di Maremma Cred. Coop. Soc. Coop.: the real cost

When you transfer money abroad via Terre Etrusche e di Maremma Cred. Coop. Soc. Coop., the visible fee is rarely all of what you pay. Besides the transfer fee, correspondent or intermediary banks can take a cut, and if currencies are converted, the bank often applies a rate below the real market rate.

The markup on the rate tends to be the largest item, and it is easy to miss. Check their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Money transfer services often offer rates closer to the mid-market rate and lower fees. GoldexPay lists these services side by side, showing what actually arrives. Using a transfer service does not mean leaving Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. – you pay the provider from your own account.

Getting paid from abroad into a Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. account

To receive a transfer from abroad at Terre Etrusche e di Maremma Cred. Coop. Soc. Coop., the person paying you has to have not just the SWIFT code. Share the account holder’s name, the IBAN or account number, SWIFT code ICRAITR1NN1 and your address, which some banks require.

Some banks want the bank’s address; it does no harm to include it. A mistake in the IBAN is harder to fix than you might think, so copy the details from your online banking.

The amount you receive is often less than the amount sent. Correspondent banks can take a fee, and when currencies differ, a markup on the rate comes on top. Make clear with the sender who covers the fees before the money is sent.

When will the money arrive at Terre Etrusche e di Maremma Cred. Coop. Soc. Coop.?

How fast a payment reaches Terre Etrusche e di Maremma Cred. Coop. Soc. Coop. is determined by several factors: the currency, the number of banks in between, cut-off times and differences in time zone. Weekends and public holidays in the sending or receiving country add extra days to the journey. Sometimes a bank asks what the payment is for, which can hold things up.

When a payment takes longer than expected, contact your bank for the status or the UETR so they can trace it along the chain. Keep the payment confirmation until the recipient confirms – you will need it for any trace request.

If a payment has not arrived within the expected time, the sender needs to start with the bank that sent it, not the receiving bank. Ask the sender for the payment receipt with the date and reference – it helps your own bank look for the money.