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SWIFT/BIC code CITIITM1038

CITIITM1038 belongs to Citibank N.a. in Milano, Italy.

CITIITM1038

Code details

SWIFT/BIC codeCITIITM1038
8-character codeCITIITM1
Branch code038
BankCitibank N.a.
BranchCitibank Milan T2s 038
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.
038 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 bank is behind SWIFT code CITIITM1038?

CITIITM1038 identifies Citibank Milan T2s 038, part of Citibank N.a. in Milano, Italy. Use this branch code only when 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 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.

What do the letters in CITIITM1038 stand for?

CITI is the institution code of Citibank N.a., IT stands for Italy, M1 is the code for the city or region and 038 identifies the department Citibank Milan T2s 038.

What happens if I use CITIITM1038 incorrectly?

Your transfer can bounce, get stuck or cost extra. Double-check CITIITM1038 with the recipient before you confirm.

Can I use CITIITM1 instead of CITIITM1038?

CITIITM1 is the main office of Citibank N.a., while CITIITM1038 points to Citibank Milan T2s 038. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention CITIITM1038.

Do I need CITIITM1038 to send euros to Italy?

Italy is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need CITIITM1038.

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