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SWIFT/BIC code CITIITM1031

CITIITM1031 belongs to Citibank N.a. in Milano, Italy.

CITIITM1031

Code details

SWIFT/BIC codeCITIITM1031
8-character codeCITIITM1
Branch code031
BankCitibank N.a.
BranchCitibank Milan T2s 031
CityMilano
CountryItaly

The way the Citibank N.a. SWIFT/BIC works

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

CITI Bank code
4 letters that identify the bank.
IT Country code
2 letters for the country (ISO 3166).
M1 Location code
2 characters for the city or region of the head office.
031 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 branch is behind SWIFT/BIC code CITIITM1031?

CITIITM1031 is the SWIFT/BIC code of Citibank Milan T2s 031, part of Citibank N.a. in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.

What is the cheapest way to send money to Citibank N.a. in Italy?

Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.

How long does a transfer to Citibank N.a. take in Italy?

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.

Do I need CITIITM1031 for a euro transfer to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need CITIITM1031.

What do the letters in CITIITM1031 mean?

CITI is the institution code of Citibank N.a., IT is the ISO code of Italy, M1 is the location code and 031 identifies the branch Citibank Milan T2s 031.

Has Citibank N.a. got more SWIFT/BIC codes?

Yes – our database contains 72 SWIFT/BIC codes for Citibank N.a. in Italy. You can see them all on the bank page.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.