SWIFT/BIC code CITIPTP1005
CITIPTP1005 belongs to Citibank International Limited Portugal Branch in Lisbon, Portugal.
Code details
| SWIFT/BIC code | CITIPTP1005 |
|---|---|
| 8-character code | CITIPTP1 |
| Branch code | 005 |
| Bank | Citibank International Limited Portugal Branch |
| Branch | T2s 005 |
| City | Lisbon |
| Country | Portugal |
How the Citibank International Limited Portugal Branch 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.
- PT Country code
- 2 letters for the country (ISO 3166).
- P1 Location code
- 2 characters for the city or region of the head office.
- 005 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 code CITIPTP1005?
CITIPTP1005 is the SWIFT/BIC code of T2s 005, a branch or department of Citibank International Limited Portugal Branch in Lisbon, Portugal. Only use it if the recipient or their bank explicitly asks for it.
Do I need CITIPTP1005 for a euro transfer to Portugal?
Portugal is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need CITIPTP1005.
How long does a transfer to Citibank International Limited Portugal Branch take in Portugal?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
What does each part of CITIPTP1005 stand for?
CITI is the bank code of Citibank International Limited Portugal Branch, PT is the ISO code of Portugal, P1 is the code for the city or region and 005 is the code of the department T2s 005.
Can I use CITIPTP1 instead of CITIPTP1005?
CITIPTP1 points to the head office of Citibank International Limited Portugal Branch, while CITIPTP1005 is T2s 005. Most international transfers work with the head office code, yet use CITIPTP1005 if the recipient asks for it.
What happens if I use CITIPTP1005 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check CITIPTP1005 against the details from Citibank International Limited Portugal Branch before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.