SWIFT/BIC code CITIPTP1016
CITIPTP1016 belongs to Citibank International Limited Portugal Branch in Lisbon, Portugal.
Code details
| SWIFT/BIC code | CITIPTP1016 |
|---|---|
| 8-character code | CITIPTP1 |
| Branch code | 016 |
| Bank | Citibank International Limited Portugal Branch |
| Branch | T2s 016 |
| 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.
- 016 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 is behind SWIFT code CITIPTP1016?
CITIPTP1016 identifies T2s 016, part of Citibank International Limited Portugal Branch in Lisbon, Portugal. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need CITIPTP1016 to send euros to Portugal?
Portugal is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you do need CITIPTP1016.
How long does it take to send money to Citibank International Limited Portugal Branch?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Can I use CITIPTP1 instead of CITIPTP1016?
CITIPTP1 points to the head office of Citibank International Limited Portugal Branch, while CITIPTP1016 is T2s 016. Most international transfers work with the head office code, but use CITIPTP1016 if the recipient asks for it.
What happens if I use CITIPTP1016 with a typo?
The payment may be delayed, returned or charged extra fees. Always check CITIPTP1016 against the details from Citibank International Limited Portugal Branch before you confirm.
What is the cheapest way to send money to Citibank International Limited Portugal Branch?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive 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.