For individuals and businesses regularly conducting international money transfers, familiarity with SWIFT/BIC codes is essential. These standardized identifiers play a crucial role in ensuring seamless cross-border transactions between financial institutions worldwide.
CREDIT AGRICOLE ITALIA S.P.A., a prominent Italian financial institution, operates with the SWIFT code CRPPIT2P006 . This specific code enables precise routing of funds to the bank's headquarters located at VIA XXI APRILE 1, PIACENZA, PC, 29121, Italy.
The SWIFT code system, comprising 8 to 11 alphanumeric characters, serves as a global financial messaging standard. These codes contain distinct elements including bank identification, country designation, location reference, and optional branch specification. This structured approach facilitates efficient and secure international fund transfers across banking networks.
Financial professionals emphasize the importance of verifying SWIFT codes before initiating transactions. An incorrect code may result in payment delays, additional charges, or even failed transfers. For transactions involving CREDIT AGRICOLE ITALIA S.P.A., ensuring the accurate use of CRPPIT2P006 helps guarantee the successful processing of international payments.
The standardized nature of SWIFT codes has significantly improved the reliability of global financial communications since their introduction in 1973. Today, over 11,000 financial institutions across more than 200 countries utilize this system for cross-border payment instructions.