SWIFT/BIC code CITIESMXSEC
CITIESMXSEC belongs to Citibank Europe PLC Spain Branch in Madrid, Spain.
Code details
| SWIFT/BIC code | CITIESMXSEC |
|---|---|
| 8-character code | CITIESMX |
| Branch code | SEC |
| Bank | Citibank Europe PLC Spain Branch |
| Branch | Restricted Use Citibank Madrid Target 2 |
| City | Madrid |
| Country | Spain |
The way the Citibank Europe PLC Spain Branch SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CITI Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- MX Location code
- 2 characters for the city or region of the head office.
- SEC 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
What bank uses BIC CITIESMXSEC?
CITIESMXSEC identifies Restricted Use Citibank Madrid Target 2, part of Citibank Europe PLC Spain Branch in Madrid, Spain. Only use it if the recipient or their bank explicitly asks for it.
What is the best way to send money to Citibank Europe PLC Spain Branch?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
Do I need CITIESMXSEC to send euros to Spain?
Spain is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need CITIESMXSEC.
How long does it take to send money to Citibank Europe PLC Spain Branch in Spain?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Can I use CITIESMX instead of CITIESMXSEC?
CITIESMX points to the head office of Citibank Europe PLC Spain Branch, while CITIESMXSEC is Restricted Use Citibank Madrid Target 2. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention CITIESMXSEC.
What do the letters in CITIESMXSEC stand for?
CITI is the institution code of Citibank Europe PLC Spain Branch, ES is the ISO code of Spain, MX is the code for the city or region and SEC identifies the department Restricted Use Citibank Madrid Target 2.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.