Credem: SWIFT code, ATMs and accounts for foreigners

About Credem

Credem was founded in 1910 in Reggio Emilia and grew by buying smaller regional banks. It is listed on the stock exchange and controlled by a holding company linked to local families.

Directory data from September 2026 lists about 430 Credem branches.

Credem SWIFT/BIC and ABI codes

Credem uses the SWIFT/BIC code BACRIT22 for its head office. When a form asks for 11 characters, add XXX to make BACRIT22XXX. Some branches and services have their own 11-character codes; if the account holder gives you one, use theirs.

The ABI code 03032 identifies Credem inside every Italian IBAN. It sits in characters 6 to 10, straight after the check letter (CIN):

Illustration only, not a real account. Use the Italian IBAN checker to validate a real IBAN and see which bank it belongs to.

Using Credem ATMs with a foreign card

Credem ATMs accept foreign cards. Check the on-screen fee before confirming.

For a full comparison of fees across Italian banks, see ATMs in Italy.

Opening a Credem account as a foreigner

Accounts generally require a codice fiscale and Italian residency.

You will need a codice fiscale first. Our guide to opening a bank account in Italy lists the documents and steps.

Credem in Italian cities

Credem has branches in these city guides, with tips on where to withdraw cash and local bank holidays:

• Bologna