SWIFT/BIC code CITIITM1070
CITIITM1070 belongs to Citibank N.a. in Milano, Italy.
Code details
| SWIFT/BIC code | CITIITM1070 |
|---|---|
| 8-character code | CITIITM1 |
| Branch code | 070 |
| Bank | Citibank N.a. |
| Branch | Citibank Milan T2s 070 |
| City | Milano |
| Country | Italy |
The way 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.
- 070 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 uses SWIFT/BIC code CITIITM1070?
The code CITIITM1070 belongs to Citibank Milan T2s 070, a unit of Citibank N.a. in Milano, Italy. Use this branch code only when the account is held at this specific branch.
What do the letters in CITIITM1070 stand for?
CITI is the institution code of Citibank N.a., IT is the ISO code of Italy, M1 is the location code and 070 identifies the department Citibank Milan T2s 070.
Can I use CITIITM1 instead of CITIITM1070?
CITIITM1 points to the main office of Citibank N.a., while CITIITM1070 points to Citibank Milan T2s 070. Most international transfers work with the head office code, but use CITIITM1070 if the recipient asks for it.
Do I need CITIITM1070 for a euro transfer to Italy?
Italy is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need CITIITM1070.
How long does a transfer to Citibank N.a. take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
What is the cheapest way to send money to Citibank N.a.?
Banks often add several percent to the exchange rate on top of a fee. Check 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.