SWIFT/BIC code CITIITM1050
CITIITM1050 belongs to Citibank N.a. in Milano, Italy.
Code details
| SWIFT/BIC code | CITIITM1050 |
|---|---|
| 8-character code | CITIITM1 |
| Branch code | 050 |
| Bank | Citibank N.a. |
| Branch | Citibank Milan T2s 050 |
| City | Milano |
| Country | Italy |
The way the Citibank N.a. 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.
- IT Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- 050 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 uses SWIFT/BIC code CITIITM1050?
CITIITM1050 identifies Citibank Milan T2s 050, part of Citibank N.a. in Milano, Italy. Only use it if the recipient or their bank explicitly asks for it.
Can I use CITIITM1 instead of CITIITM1050?
CITIITM1 is the main office of Citibank N.a., while CITIITM1050 is Citibank Milan T2s 050. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention CITIITM1050.
Does Citibank N.a. have other SWIFT/BIC codes?
Yes – we list 72 SWIFT/BIC codes for Citibank N.a. in Italy, for the head office and several branches or departments. All of them are listed on the page of Citibank N.a..
Do I need CITIITM1050 to send euros to Italy?
Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need CITIITM1050.
How long does it take to send money to Citibank N.a. in Italy?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
What do the letters in CITIITM1050 stand for?
CITI is the institution code of Citibank N.a., IT is the ISO code of Italy, M1 is the location code and 050 is the code of the department Citibank Milan T2s 050.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.