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SWIFT/BIC code CITIITM1041

CITIITM1041 belongs to Citibank N.a. in Milano, Italy.

CITIITM1041

Code details

SWIFT/BIC codeCITIITM1041
8-character codeCITIITM1
Branch code041
BankCitibank N.a.
BranchCitibank Milan T2s 041
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.
041 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 BIC CITIITM1041?

CITIITM1041 identifies Citibank Milan T2s 041, part of Citibank N.a. in Milano, Italy. Use this branch code only when the account is held at this specific branch.

Can I use CITIITM1 instead of CITIITM1041?

CITIITM1 is the main office of Citibank N.a., while CITIITM1041 is Citibank Milan T2s 041. For a normal transfer the head office code is usually fine, but use CITIITM1041 if the recipient asks for it.

What happens if I enter CITIITM1041 incorrectly?

The payment may be delayed, returned or charged extra fees. Always check CITIITM1041 with the recipient before you confirm.

Do I need CITIITM1041 for a euro transfer to Italy?

Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need CITIITM1041.

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

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.

What is the best way to send money to Citibank N.a.?

Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.

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