What is Italy Bank ABI & CAB Code?

The Italian ABI & CAB Code is an unique identifier number of a specific financial institution & branch which use to send & receive funds between local/domestic bank account.

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We found 1, Banca del fermano credito coop. branches in Grosio

ABI & CAB Code Details of UNKNOWN, BANCA DEL FERMANO CREDITO COOP., GROSIO Branch
BANK NAME BANCA DEL FERMANO CREDITO COOP.
BANK KEY
(ABI + CAB) Code
0710761021

(The Bank-Key means ABI & CAB code together used to clear funds and/or route domestic payments in Italy.)

CAB CODE/CODICI CAB 61021

(The first five digits of the Bank-Key is bank code or ABI code.)

ABI CODE/CODICI ABI 07107

(The last five digits of the Bank-Key is branch code or CAB code.)

BRANCH ADDRESS/INDIRIZZO FILIALE UNKNOWN
CITY NAME/NOME DELLA CITTÀ GROSIO
REGION/REGIONE LOMBARDIA
PROVINCE/PROVINCIA SONDRIO
PROVINCE SHORT CODE/CODICE BREVI PROVINCIA SO
SWIFT / BIC CODE
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Find Banca Del Fermano Credito Coop. , Unknown, Grosio Branch Location on Google Map :-

About Banca Del Fermano Credito Coop., Grosio, Unknown Branch

General Information -

0710761021 - Bank-Key is belongs to the Banca Del Fermano Credito Coop. & it's located in Sondrio Province, Lombardia Region in Italy. Branch Address is: Unknown.
Banca Del Fermano Credito Coop. , Unknown Branch ABI Code is : 07107 & CAB Code is : 61021

Breakdown of Banca Del Fermano Credito Coop., Grosio Branch Bank-Key (ABI+CAB) Code

-

0

7

1

0

7

6

1

0

2

1

ABI Code (Bank Code)

CAB Code (Branch Code)

The first five digits (07107) is ABI code or bank code & representing the Banca Del Fermano Credito Coop..

Last five digits is (61021) - It's CAB code & representing Unknown Branch of Banca Del Fermano Credito Coop..

FAQ

The CAB Code of Banca Del Fermano Credito Coop., Grosio Branch is: 61021

The ABI Code of Banca Del Fermano Credito Coop., Grosio Branch is: 07107

The Bank-Key of Banca Del Fermano Credito Coop. is: 0710761021

The 61021 - CAB Code belongs to Banca Del Fermano Credito Coop., Unknown, Grosio branch.

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Information about Italy Banks

Bank Operational Time -

Transational Timing -

The crediting time of the bank vary from one lender to another, usually from two days (in most cases) a week. The times are shortened in the event that the beneficiary of the transfer is a customer of the same bank from which the credit starts, in particular in the case of online transfer; in this situation, in fact, you can often see the amount transferred as early as the next day (if the branch is also the same) or after two days (same bank or other branch).

Starting in 2012, the credit transfer time has shortened from three working days to one working day after the execution date. Attention because the so-called cut-off time must be taken into account , i.e. the time after which the transfer request is no longer considered received on that day, but on the next. The cut-off time also changes depending on the bank, and you must always keep in mind that we are talking about working days: a bank transfer requested on Friday after the cut-off time (for example 15:00) will not be credited before the following Tuesday.

Real Time Fund Transfer :
Since 2018, many Italian banks have offered an additional service, namely the real-time transfer , which takes only a handful of seconds to be credited and can be requested at any time, 24 hours a day, from Monday to Sunday, thus effectively allowing to say goodbye to "banking times".

This is the Sepa Instant Credit Transfert system , which requires a maximum time of 10 seconds for credit transfers of up to 15 thousand euros . The bank requires a surcharge for those who choose the instant transfer instead of the normal one, usually of a few cents.

Transfer with account cards :
A further solution is that of immediate and free money transfer using account cards, such as Hype and N26 , or systems such as Satispay . Using these platforms, in fact, it is possible to send money from your account practically in real time and directly from the smartphone app.

The recipient, however, must in turn be registered to the circuit in order to benefit from the service, otherwise he will receive a notification with the link to register so that he can be credited with the money, with all that this entails; Fortunately, today the procedures for opening a new account according to these smart methods are increasingly streamlined and rapid.

Other related branches from BANCA DEL FERMANO CREDITO COOP., SONDRIO, LOMBARDIA

General Information About Italy Bank ABI & CAB Code


What is Italy ABI & CAB Code/Codici?


ABI Code (Bank Code) :

ABI stands for Associazione Bancaria Italiana (Italian Banking Association). The ABI code (codici ABI ) also known as bank code is a unique five digits numerical code, which represents a specific financial institution in Italy. This code assigned by Italian Banking Association. The first digit of the ABI code is always a zero.

CAB Code (Branch Code) :

CAB stands for Codice di Avviamento Bancario. The CAB code (codici CAB) is also a five digits numeric code that identifies the specific credit agency/financial institution particular branch. This CAB code helps to find where or which specific bank branch your account is held.

The CAB and ABI codes are usually also present in the contract that is stipulated when the current account is opened.


What is ABI & CAB code used for?

The Italian ABI/CAB, used to clear funds and/or route payments in Italy, and San Marino.