
In an era of increasing cross-border transactions, SWIFT/BIC codes have become indispensable tools for international financial operations. Ensuring the accuracy of these codes is paramount to safeguarding funds and facilitating seamless transactions. A closer look at CREDIT AGRICOLE ITALIA S.P.A. and its SWIFT/BIC code highlights why precision matters in global money transfers.
The SWIFT/BIC code for CREDIT AGRICOLE ITALIA S.P.A. is CRPPIT2P009 . This alphanumeric identifier is structured to provide specific banking details:
- Bank Code (CRPP): A four-letter sequence uniquely identifying CREDIT AGRICOLE ITALIA S.P.A.
- Country Code (IT): A two-letter designation confirming the bank’s headquarters in Italy.
- Location Code (2P): Indicates the bank’s geographic position.
- Branch Code (009): A three-digit suffix pinpointing the specific branch. Notably, a branch code ending with "XXX" refers to the bank’s head office.
Understanding the Components
CREDIT AGRICOLE ITALIA S.P.A.’s SWIFT code consists of two parts:
- The 8-character SWIFT code (CRPPIT2P) serves as the primary identifier for the bank.
- The additional 3-digit branch code (009) specifies the exact branch located at VIA MARTIRI DELLA RESISTENZA 16/18 in PIACENZA.
Why Accuracy Matters
Incorrect SWIFT/BIC codes can lead to delayed or failed transactions. To minimize risks, verify the following before initiating an international transfer:
- Bank Verification: Confirm the recipient’s bank name matches the selected institution.
- Branch Validation: If using a branch-specific SWIFT code, ensure alignment with the recipient’s branch details.
- Country Consistency: Cross-check that the SWIFT code corresponds to the destination country.
For transfers to CREDIT AGRICOLE ITALIA S.P.A., using trusted financial services can enhance security and efficiency. A thorough understanding of SWIFT/BIC codes equips users to navigate potential challenges in international banking.