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SWIFT/BIC code CITIITM1054

CITIITM1054 belongs to Citibank N.a. in Milano, Italy.

CITIITM1054

Code details

SWIFT/BIC codeCITIITM1054
8-character codeCITIITM1
Branch code054
BankCitibank N.a.
BranchCitibank Milan T2s 054
CityMilano
CountryItaly

How 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.
054 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 SWIFT code CITIITM1054?

CITIITM1054 identifies Citibank Milan T2s 054, part of Citibank N.a. in Milano, Italy. Use this branch code only when the account is held at this specific branch.

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

Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.

What do the letters in CITIITM1054 mean?

CITI is the institution code of Citibank N.a., IT stands for Italy, M1 is the code for the city or region and 054 identifies the department Citibank Milan T2s 054.

Can I use CITIITM1 instead of CITIITM1054?

CITIITM1 points to the main office of Citibank N.a., while CITIITM1054 is Citibank Milan T2s 054. Most international transfers work with the head office code, but use CITIITM1054 if the recipient asks for it.

What happens if I enter CITIITM1054 with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check CITIITM1054 with the recipient before you confirm.

Do I need CITIITM1054 for a euro transfer to Italy?

Italy belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need CITIITM1054.

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