SWIFT/BIC code ERDCITM1XXX
ERDCITM1XXX belongs to European Bank Recostruction and Development C/O Citibank in Milano, Italy.
Code details
| SWIFT/BIC code | ERDCITM1XXX |
|---|---|
| 8-character code | ERDCITM1 |
| Branch code | XXX |
| Bank | European Bank Recostruction and Development C/O Citibank |
| Branch | Head office |
| City | Milano |
| Country | Italy |
How the European Bank Recostruction and Development C/O Citibank SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ERDC 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.
- XXX 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 ERDCITM1XXX?
The code ERDCITM1XXX belongs to the headquarters of European Bank Recostruction and Development C/O Citibank in Milano, Italy. Use it when you send money to an account at European Bank Recostruction and Development C/O Citibank.
Does European Bank Recostruction and Development C/O Citibank use only one SWIFT/BIC code?
Yes – ERDCITM1XXX is the single SWIFT/BIC code listed for European Bank Recostruction and Development C/O Citibank in Italy, so there is no branch code to choose.
Are ERDCITM1 and ERDCITM1XXX the same code?
Yes, they are. ERDCITM1 is the 8-character version of ERDCITM1XXX. XXX simply refers to the head office, so both routes your payment to European Bank Recostruction and Development C/O Citibank in Milano.
Do I need ERDCITM1XXX for a euro transfer to Italy?
Italy belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need ERDCITM1XXX.
How long does it take to send money to European Bank Recostruction and Development C/O Citibank?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What happens if I enter ERDCITM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check ERDCITM1XXX with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.