BCC — Credito Cooperativo (Gruppo Iccrea)
Iccrea Banca S.p.A. (Gruppo Bancario Cooperativo Iccrea) · Mastercard
The BCC cooperative-credit banks are not a single bank but a network of ~111 autonomous local banks, grouped in the Iccrea Cooperative Banking Group (parent Iccrea Banca S.p.A., ECB supervision). Fee, card and promos VARY by individual BCC: the figures here come from a representative account of the group. In the example account maintenance is free until age 35 (then €60/year + stamp duty), a CartaBCC Debit Mastercard costs ~€20/year, an online SEPA transfer is €0.75 and SDD utility debits are €0. Deposit guarantee up to €100,000 via the Cooperative Credit Depositors' Guarantee Fund (FGD).
Data & conditions
| Account fee | Free |
|---|---|
| IBAN | dedicato · IT · IT |
| Deposit guarantee | EU guarantee €100,000 |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | Yes |
| SEPA direct debit (SDD) | Yes |
| On-chain crypto withdrawal | No |
| SEPA transfer | €1 |
| Card included | CartaBCC Debit Mastercard (internazionale) ~€20/anno, soci €15 (valori dell'esempio, variano per BCC) |
| Interest on balance | 0.013% |
| Network | Mastercard |
| ATM withdrawal | Free |
| Free ATM limit | Same-bank ATMs in Italy €0; other bank in Italy €1.75 per withdrawal (with CartaBCC Debit; example figures, vary by BCC) |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia · BCE (MVU) |
| Segment | B2C |
| Funding / solidity | Network of ~111 local BCC · Iccrea Cooperative Banking Group · ~2,400 branches · >5.2M customers |
| MiCA / License status | Licenza bancaria (Banca d'Italia) IT banking licence (Bank of Italy · ECB-SSM) |
Plans & pricing
Conto giovani (fino a 35 anni, esempio)
- Price
- Free
- Free account maintenance until age 35 (on the representative account)
- CartaBCC Debit Mastercard ~€20/year (members €15) · RelaxBanking home banking €0
- Same-bank ATM withdrawals €0 · other bank in Italy €1.75 · online SEPA transfer €0.75 · SDD utility debits €0
Tariffa ordinaria (oltre i 35 anni, esempio)
- Price
- €5
- Account maintenance €15/quarter = €60/year + €34.20/year stamp duty (total ~€94/year in the example)
- Economic conditions set by the individual BCC: vary by bank
- CartaBCC Debit Mastercard ~€20/year · online SEPA transfer €0.75 · SDD utility debits €0
Conto Generazione BCC (prodotto giovani di gruppo)
- Price
- Free
- Zero account-maintenance fees up to age 25 (Junior version for younger holders)
- Iccrea group initiative for under-35s
- Detailed conditions set by the individual BCC
Strengths
- Widespread, deeply-rooted cooperative network (~111 BCC, ~2,400 branches, real in-branch service) supervised by the ECB
- Youth accounts with waived fees (up to age 35 on the example account; zero fees up to age 25 with Conto Generazione BCC)
- Cheap online SEPA transfers (€0.75) and free SDD utility direct debits
- Deposit guarantee up to €100,000 via the Cooperative Credit Depositors' Guarantee Fund (FGD)
- No notable sovereignty advantage documented.
Weaknesses
- Non-uniform conditions: fee, card and promos change from one BCC to another — always read the specific bank's Information Sheet
- Mostly territorial access (each BCC's area of competence), not a freely-accessible national digital bank
- CartaBCC Debit Mastercard debit card ~€20/year (members €15) and an ordinary ~€94/year fee beyond age 35 (in the example)
- No national debit card offered (international Mastercard only); single-currency (EUR only)
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (IT banking licence (Bank of Italy · ECB-SSM)): reporting to authorities and freezes on order.
- FATF-aligned jurisdiction: strong cooperation with authorities.
- Closed source: no way to verify what it does with wallet and data.
Verdict
The BCC of the Iccrea Group earn a mid protection score: a cooperative network supervised by the ECB, deposit guarantee up to €100,000 via the Cooperative Credit Depositors' Guarantee Fund (FGD), strong local roots and real in-branch service. The limit is fragmentation — fee, card and promos vary by individual BCC, there is no single group tariff — and ordinary costs less competitive than zero-fee online accounts (debit card ~€20/year, ~€94/year fee beyond age 35 in the example). The fee-waived youth accounts remain the most convenient offer. Non-interest-bearing (near-zero credit rate), single-currency account.
Supervised bank account: custodial, full KYC, censorable and freezable by court order or AML obligation. The FGD deposit guarantee and ECB supervision — strengths for protection — are exactly what distance it from the trustless model. No self-custody, no permissionless use.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
Are the conditions the same for every BCC?
No. The BCC are ~111 autonomous local banks grouped in the Iccrea Group: fee, card and promotions are set by the individual bank and vary from one BCC to another. The figures in this profile come from a representative account; for exact conditions always read the Information Sheet of your local BCC.
Are deposits guaranteed?
Yes. The BCC belong to the Cooperative Credit Depositors' Guarantee Fund (FGD), the guarantee scheme dedicated to cooperative credit, covering up to €100,000 per accountholder. It is a different fund from the FITD used by non-cooperative banks, but with equivalent statutory protection.
Sources
- Official service page Data verified on Jul 12, 2026
- bccas.it Canone · Carta · Prelievi · Bonifici · +1 Data verified on Jul 12, 2026
- generazionebcc.gruppobcciccrea.it Data verified on Jul 12, 2026