When conducting international money transfers, selecting the correct SWIFT/BIC code is crucial. For individuals or businesses sending funds to CREDIT AGRICOLE ITALIA S.P.A., the accurate code to use is CRPPIT2P007 . But what information does this code actually convey?
Decoding the SWIFT/BIC Structure
A SWIFT code (also known as a Bank Identifier Code) typically consists of 8 to 11 characters that precisely identify a specific bank and its branch. For CREDIT AGRICOLE ITALIA S.P.A., the code breaks down as follows:
- Bank Code: CRPP (identifies the financial institution)
- Country Code: IT (indicates Italy)
- Location Code: 2P (specifies the bank's headquarters location)
- Branch Code: 007 (identifies the specific branch)
Ensuring Accurate Transfers
Using this SWIFT code ensures your funds are correctly routed to CREDIT AGRICOLE ITALIA S.P.A.'s designated account. The bank's physical address is VIA C. COLOMBO D/E 101, PIACENZA, PC, 29121, ITALY, which provides additional verification for international transactions.
When initiating transfers, always double-check all entered information. Financial experts recommend verifying the SWIFT code directly with the receiving bank if you have any doubts. Processing times, fees, and specific requirements may vary between financial institutions, so understanding these details beforehand can help optimize your transfer experience.
The Importance of Precision
Correct application of SWIFT/BIC codes serves multiple purposes: it enhances transfer efficiency, ensures timely delivery of funds, and maintains the security of international transactions. For transfers to CREDIT AGRICOLE ITALIA S.P.A., using the precise code CRPPIT2P007 along with all required supporting documentation demonstrates compliance with international banking regulations and safeguards your financial assets.