In today’s globalized world, cross-border money transfers have become increasingly common. However, ensuring that your funds reach their destination safely requires a crucial tool: the SWIFT code. Serving as an international bank transfer’s "ID," this code is essential for both security and efficiency. This article focuses on the SWIFT code for CREDIT AGRICOLE ITALIA S.P.A., explaining its significance and how to use it.
The SWIFT Code for CREDIT AGRICOLE ITALIA S.P.A.
The SWIFT code for CREDIT AGRICOLE ITALIA S.P.A. is CRPPIT2P008 . This code is required when initiating an international transfer to this bank. SWIFT, which stands for the Society for Worldwide Interbank Financial Telecommunication , is a messaging protocol that ensures accurate and swift delivery of funds across borders.
Key Details of the SWIFT Code
- Bank Name: CREDIT AGRICOLE ITALIA S.P.A.
- SWIFT/BIC: CRPPIT2P008
- City: PIACENZA
- Address: VIALE DANTE ALIGHIERI 14, PIACENZA, PC, 29122
- Country: ITALY
How SWIFT Codes Work
A SWIFT code typically consists of 8 to 11 characters. The first four letters represent the bank code, followed by two letters for the country code, two letters (or digits) for the city code, and an optional three-character branch code. This structured format ensures precision in international transactions, minimizing errors and delays.
When to Use CRPPIT2P008
Whenever you need to send money to CREDIT AGRICOLE ITALIA S.P.A., you must include the SWIFT code CRPPIT2P008 in your transfer details. This ensures the funds are correctly routed and processed without unnecessary delays. Using the correct SWIFT code is not just a security measure—it also enhances the efficiency of your transaction.
Before submitting a transfer request, always double-check the SWIFT code for accuracy. Errors in the code can lead to failed transactions or significant delays. Additionally, processing times and requirements may vary depending on the banks and countries involved, making it essential to understand the role of SWIFT codes in international banking.
The Importance of SWIFT Codes in Global Finance
As international transactions become more frequent, understanding SWIFT codes is vital for individuals and businesses alike. These codes facilitate secure and efficient cross-border payments, whether for personal remittances or corporate transactions. By ensuring the correct SWIFT code is used, senders can avoid complications and ensure their funds arrive safely at the intended destination.
Before initiating your next international transfer, take a moment to verify the required SWIFT code. This simple step can significantly enhance the security and speed of your transaction. With a clear understanding of how SWIFT codes function, you can navigate global financial transactions with confidence.