The INCLE operated as a bank specialised in providing finance to Italian workers abroad, enabling them to send money back home and support their families. It offered banking services such as opening current accounts, granting loans and provided currency exchange services.
During its period of activity, INCLE played a significant role in supporting the Italian community abroad, facilitating financial transactions and contributing to the country's economy. Its presence was particularly relevant in areas where the Italian diaspora was large, such as the United States, South America and other European countries.
However, the INCLE underwent changes over the years, and in 1983 it was transformed into a government agency called the National Institute for Foreign Trade (ICE). ICE is primarily concerned with promoting Italy's international trade and economic relations.
The ICE represents a significant chapter in the history of Italian emigration and the financial assistance provided to Italian workers abroad. Its creation and activities testify to the Italian government's commitment to supporting its diaspora and fostering the development of Italian communities abroad.