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SWIFT/BIC code CITIITM1057

CITIITM1057 belongs to Citibank N.a. in Milano, Italy.

CITIITM1057

Code details

SWIFT/BIC codeCITIITM1057
8-character codeCITIITM1
Branch code057
BankCitibank N.a.
BranchCitibank Milan T2s 057
CityMilano
CountryItaly

How the Citibank N.a. SWIFT/BIC is structured

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.
057 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 CITIITM1057?

CITIITM1057 identifies Citibank Milan T2s 057, part of Citibank N.a. in Milano, Italy. Use this branch code only when the account is held at this specific branch.

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

SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.

Do I need CITIITM1057 for a euro transfer to Italy?

Italy belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need CITIITM1057.

What do the letters in CITIITM1057 mean?

CITI is the bank code of Citibank N.a., IT stands for Italy, M1 is the code for the city or region and 057 identifies the branch Citibank Milan T2s 057.

Can I use CITIITM1 instead of CITIITM1057?

CITIITM1 is the head office of Citibank N.a., while CITIITM1057 is Citibank Milan T2s 057. For a normal transfer the head office code is usually fine, yet use CITIITM1057 if the recipient asks for it.

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

Banks often add 1–3% 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.

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