SWIFT Code ICRAITRRV20 — BANCA DI PARMA CREDITO COOPERATIVO, PARMA

About SWIFT Code ICRAITRRV20 — BANCA DI PARMA CREDITO COOPERATIVO, PARMA

SWIFT code ICRAITRRV20 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCA DI PARMA CREDITO COOPERATIVO in PARMA, Italy. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANCA DI PARMA CREDITO COOPERATIVO for all outward international remittances from PARMA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code ICRAITRRV20

The code ICRAITRRV20 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code ICRAITRRV20

Receiving International Wire Transfers

To receive money from abroad at your BANCA DI PARMA CREDITO COOPERATIVO account in PARMA, share SWIFT code ICRAITRRV20 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANCA DI PARMA CREDITO COOPERATIVO, PARMA must provide SWIFT code ICRAITRRV20. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANCA DI PARMA CREDITO COOPERATIVO in PARMA rely on SWIFT code ICRAITRRV20 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANCA DI PARMA CREDITO COOPERATIVO →

For cheque clearing or NACH mandates, use the MICR code for BANCA DI PARMA CREDITO COOPERATIVO →

For TDS challan deposits, find the BSR code for BANCA DI PARMA CREDITO COOPERATIVO →

How SWIFT Code ICRAITRRV20 Routes an International Transfer

1. Initiation: The sender provides SWIFT code ICRAITRRV20 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANCA DI PARMA CREDITO COOPERATIVO.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCA DI PARMA CREDITO COOPERATIVO receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code ICRAITRRV20

• Spaces or lowercase letters — Always enter ICRAITRRV20 uppercase with no spaces.
• Using the wrong city — This code is for PARMA only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Italy.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm ICRAITRRV20 directly with BANCA DI PARMA CREDITO COOPERATIVO's PARMA branch or via the SWIFT BIC Directory.