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

ICRAITR1 – the SWIFT/BIC code of Terre Etrusche e di Maremma Cred. Coop. Soc.coop.

Whether you are given ICRAITR1 or ICRAITR1NN8, it is the same address for Terre Etrusche e di Maremma Cred. Coop. Soc.coop. in Italy. A SWIFT code shows the sending bank which institution is meant to get the money. You will need it mostly for transfers between countries or a currency.

Further down you will find the practical side: money coming in from abroad, sending money abroad and how to check the code before you hit send. The BIC identifies an institution, never a single account, which is why you always need the account number too.

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

When you are waiting for a payment from another country, give the sender all details at once. What they need is: your name, IBAN or account number, ICRAITR1NN8 and, for some countries, your home address.

It helps to include the bank name and its city as well, because some payment forms have separate fields for them. A typo in the IBAN is harder to fix than it looks, so copy the details from your online banking.

Money from abroad will not always land in full. Intermediary banks may deduct a fee, Terre Etrusche e di Maremma Cred. Coop. Soc.coop. may charge for incoming payments, and if the currency changes, an exchange rate margin comes on top. On invoices, you can agree who bears the costs, so that nobody is left short.

How long does an international transfer to Terre Etrusche e di Maremma Cred. Coop. Soc.coop. take?

An international transfer usually needs anywhere from one to several business days. Transfers sent late in the day or on weekends and holidays often go out 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 for faster and traceable payments. Every gpi transfer carries a unique transaction reference, the UETR. Money transfer services usually show tracking online so you can see how far the money is.

A delayed transfer has to be traced from the sending side. As a recipient, you can look at your statements for a partial amount.

ICRAITR1 or ICRAITR1NN8 – which one to use?

The structure of every SWIFT code never changes: four characters for the institution, two for the country and two for the location. That gives you ICRAITR1 for Terre Etrusche e di Maremma Cred. Coop. Soc.coop..

Most payment forms work with both lengths. If yours asks for eleven characters, use ICRAITR1NN8, otherwise ICRAITR1 is fine.

Do not add spaces, dots when you type ICRAITR1 or ICRAITR1NN8. A wrong character can send a payment to a different institution, so copy it carefully.

What a transfer from Terre Etrusche e di Maremma Cred. Coop. Soc.coop. abroad really costs

When you send money abroad through Terre Etrusche e di Maremma Cred. Coop. Soc.coop., the fee you see is rarely all of what you pay. On top of a fixed fee, banks in between may take a cut, and if the money changes currency, the bank usually applies a rate below the actual market rate.

The markup on the rate is often the biggest item. A simple test: set the rate you get against the mid-market rate for the same moment and look at the difference.

For many currency pairs, a specialist provider turns out to be cheaper than a bank. GoldexPay compares the amount that arrives across providers, so you can pick the cheapest route. You can still keep your account at Terre Etrusche e di Maremma Cred. Coop. Soc.coop. to fund the transfer.

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

Italy uses the Euro. If you send money in a different currency has to be converted somewhere along the way: by your bank, an intermediary or Terre Etrusche e di Maremma Cred. Coop. Soc.coop. itself. There is rarely a separate charge for the conversion – the cost sits in the rate.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Sending the money directly in EUR often avoids an extra conversion at the receiving end.

The rate for EUR fluctuates constantly. If you pay regularly, a slightly better rate make a real difference over time.

Is ICRAITR1 still correct? How to check

Have the recipient copy the account details directly from a recent statement. Check it with ICRAITR1 on this page.

An incorrect BIC may lead to a delay, a returned payment or extra fees along the way. Remember the account number: an error there can be harder to undo than a wrong BIC.

An automatic check by your bank only confirms that the IBAN is valid, not that it is the right account. Where available, a name check before sending adds extra certainty. When you pay someone new, some people send a small amount first and wait for confirmation.

Changed bank details? Be careful

Stay alert when someone suddenly wants you to pay into a different account or a bank in another country. A correct SWIFT code tells you nothing about who owns the account.

Never rely on contact details from the same email that announces the new account. Urgency and requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. Already paid? Contact the bank you paid from straight away and ask them to start a recall; also report it to the police.

Fraud can also work the other way: someone sends too much and wants you to return the extra. Do not act before the money is actually in your account and check with Terre Etrusche e di Maremma Cred. Coop. Soc.coop. if anything seems off.

Do you need ICRAITR1 for a SEPA transfer?

Because Italy is in SEPA, a euro transfer into Terre Etrusche e di Maremma Cred. Coop. Soc.coop. from another SEPA country normally only needs an IBAN. Many banks no longer ask for the BIC for these payments or fill it in for you.

The BIC does come into play when the currency is not euros and when the money comes from outside SEPA. Some forms also show a field for the BIC; in that case, fill in ICRAITR1.

Instant payments in euros have become widely supported within SEPA; check with Terre Etrusche e di Maremma Cred. Coop. Soc.coop. whether it applies to your account. Provided the payment stays in euros, the transfer tends to be cheap; costs rise once a conversion is involved.

A note on our data

The directory on GoldexPay is based on publicly available sources and is updated regularly. It is possible that information on this page is no longer current after a merger or reorganisation. Figures such as the number of codes are from our directory and may differ from what Terre Etrusche e di Maremma Cred. Coop. Soc.coop. publishes.

Use our data as a reference, not as the last word. GoldexPay is not affiliated with Terre Etrusche e di Maremma Cred. Coop. Soc.coop.; we are a comparison site for money transfers. Spotted outdated information? Let us know via our contact form and we will look into it.

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

Our directory lists 2 SWIFT/BIC codes for Terre Etrusche e di Maremma Cred. Coop. Soc.coop., spread over 1 locations. Next to the head office code ICRAITR1NN8, you will find codes for branches, departments or specific services.

If nobody asks you for a branch code, go with ICRAITR1NN8 or its short form ICRAITR1. When you receive a specific code, use it as it is instead of swapping it for the head office code.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Branch codes are more likely to change than the head office code when a bank merges or closes offices.