SWIFT/BIC code CITIPTP1011
CITIPTP1011 belongs to Citibank International Limited Portugal Branch in Lisbon, Portugal.
Code details
| SWIFT/BIC code | CITIPTP1011 |
|---|---|
| 8-character code | CITIPTP1 |
| Branch code | 011 |
| Bank | Citibank International Limited Portugal Branch |
| Branch | T2s 011 |
| City | Lisbon |
| Country | Portugal |
The way 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.
- 011 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 is behind BIC CITIPTP1011?
The code CITIPTP1011 belongs to T2s 011, part of Citibank International Limited Portugal Branch in Lisbon, Portugal. Only use it if the recipient or their bank explicitly asks for it.
What do the letters in CITIPTP1011 mean?
CITI is the institution code of Citibank International Limited Portugal Branch, PT stands for Portugal, P1 is the location code and 011 is the code of the department T2s 011.
What happens if I use CITIPTP1011 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check CITIPTP1011 with the recipient before sending.
What is the best way to send money to Citibank International Limited Portugal Branch in Portugal?
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.
How long does it take to send money to Citibank International Limited Portugal Branch?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need CITIPTP1011 for a euro transfer to Portugal?
Portugal is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need CITIPTP1011.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.