SWIFT/BIC code CGMBBRS1XXX
CGMBBRS1XXX belongs to Citigroup Global Markets Brasil Cctvm SA in Sao Paulo, Brazil.
Code details
| SWIFT/BIC code | CGMBBRS1XXX |
|---|---|
| 8-character code | CGMBBRS1 |
| Branch code | XXX |
| Bank | Citigroup Global Markets Brasil Cctvm SA |
| Branch | Head office |
| City | Sao Paulo |
| Country | Brazil |
The way the Citigroup Global Markets Brasil Cctvm SA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CGMB Bank code
- 4 letters that identify the bank.
- BR Country code
- 2 letters for the country (ISO 3166).
- S1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution uses SWIFT code CGMBBRS1XXX?
CGMBBRS1XXX is the SWIFT/BIC code of the headquarters of Citigroup Global Markets Brasil Cctvm SA in Sao Paulo, Brazil. It is the code to use when a payment to Citigroup Global Markets Brasil Cctvm SA does not need a specific branch.
What do the letters in CGMBBRS1XXX mean?
CGMB is the bank code of Citigroup Global Markets Brasil Cctvm SA, BR is the ISO code of Brazil, S1 is the location code and XXX marks the main office.
Which details do I need for a transfer to an account at Citigroup Global Markets Brasil Cctvm SA?
Have ready the SWIFT/BIC code CGMBBRS1XXX, the account number or IBAN of the recipient, their full name and address. Brazil is not part of SEPA, so the BIC is required.
How long does it take to send money to Citigroup Global Markets Brasil Cctvm SA?
A SWIFT payment usually takes 1–5 business days, because of correspondent banks and time zones. Specialist transfer services are often quicker than a bank.
What is the best way to send money to Citigroup Global Markets Brasil Cctvm SA in Brazil?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Brazilian Real with transfer services before you send.
Are CGMBBRS1 and CGMBBRS1XXX the same code?
Yes. CGMBBRS1 is the 8-character version of CGMBBRS1XXX. XXX simply refers to the head office, so either version routes your payment to Citigroup Global Markets Brasil Cctvm SA in Sao Paulo.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.