In today's globalized financial landscape, the ability to conduct international money transfers swiftly and securely has become a critical concern. As cross-border transactions grow increasingly frequent, understanding the correct SWIFT/BIC codes is more important than ever. This article provides a detailed overview of CREDIT AGRICOLE ITALIA S.P.A. 's SWIFT code and related information to facilitate efficient international payments.
Understanding CREDIT AGRICOLE ITALIA's SWIFT Code
The SWIFT/BIC code for CREDIT AGRICOLE ITALIA S.P.A. is CRPPIT2P006 . This unique identifier serves as the cornerstone for international money transfers, ensuring funds reach their intended destination accurately. The bank is headquartered in Piacenza, Italy, with the physical address: VIA XXI APRILE 1, PIACENZA, PC, 29121 .
Breaking down the SWIFT code structure: the initial "CR" denotes the bank's industry classification, followed by "PP" indicating its geographical location. The remaining characters complete this internationally recognized identifier that facilitates secure transactions across borders.
Key Considerations for International Transfers
When initiating transfers, selecting the correct SWIFT code is paramount. For instance, sending $10,000 to a recipient in France might yield approximately €8,488 , depending on current exchange rates. While currency fluctuations can produce unexpected results, using the proper SWIFT code ensures your transfer remains both efficient and secure.
This SWIFT code isn't limited to transactions with CREDIT AGRICOLE ITALIA alone—it's equally valid for international transfers initiated through other financial institutions. However, fees and exchange rates vary significantly between banks and payment providers, introducing variables that require careful consideration when selecting your transfer method.
Processing Times and Security Measures
Most cross-border payments are completed within 24 hours , providing reasonable assurance of timely fund movement. While the SWIFT system significantly enhances transfer security, senders should meticulously verify all transaction details before submission.
It's worth noting that SWIFT codes and associated fees may change due to market conditions or regulatory adjustments. Maintaining current information about your recipient's banking details remains the sender's responsibility. By paying attention to these details, individuals and businesses can execute international transfers with greater confidence and efficiency.