SWIFT Code ICRAITR1F29 — CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA, FAENZA

About SWIFT Code ICRAITR1F29 — CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA, FAENZA

SWIFT code ICRAITR1F29 is the official 11-character branch-specific BIC (Bank Identifier Code) for CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA in FAENZA, 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 CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA for all outward international remittances from FAENZA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code ICRAITR1F29

The code ICRAITR1F29 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code ICRAITR1F29

Receiving International Wire Transfers

To receive money from abroad at your CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA account in FAENZA, share SWIFT code ICRAITR1F29 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 CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA, FAENZA must provide SWIFT code ICRAITR1F29. 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 CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA in FAENZA rely on SWIFT code ICRAITR1F29 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 CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA →

For cheque clearing or NACH mandates, use the MICR code for CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA →

For TDS challan deposits, find the BSR code for CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA →

How SWIFT Code ICRAITR1F29 Routes an International Transfer

1. Initiation: The sender provides SWIFT code ICRAITR1F29 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 CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code ICRAITR1F29

• Spaces or lowercase letters — Always enter ICRAITR1F29 uppercase with no spaces.
• Using the wrong city — This code is for FAENZA 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 ICRAITR1F29 directly with CREDITO COOPERATIVO RAVENNATE E IMOLESE SOCIETA' COOPERATIVA's FAENZA branch or via the SWIFT BIC Directory.