Citco Banking Corporation N.V. SWIFT/BIC code

CITCCWCU – the SWIFT/BIC code of Citco Banking Corporation N.V.

Whether you are given CITCCWCU or CITCCWCUXXX, you are looking at the identical address for Citco Banking Corporation N.V. in Curaçao. A BIC has a single purpose: it makes sure that a cross-border transfer ends up at the right bank. In practice you usually come across it on invoices from abroad, in your banking app and on the account details of Citco Banking Corporation N.V. customers.

Below you will find the practical questions: receiving money at Citco Banking Corporation N.V., sending money abroad and how to verify the code before you confirm a payment. The SWIFT code alone cannot identify a personal account; for that you need the IBAN or account number is for.

CITCCWCU or CITCCWCUXXX – which one to use?

The structure of a BIC never changes: a bank code of four letters, a two-letter country code and a two-character location code, sometimes followed by a branch code. That gives you CITCCWCU.

XXX at the end of CITCCWCUXXX is not a placeholder or a mistake: it stands for the head office of Citco Banking Corporation N.V.. Some forms ask for 11 characters, and then you simply enter XXX behind CITCCWCU.

Type the code as one block, in capitals and without spaces, exactly as shown here. A wrong letter may route the money to a different institution.

Where our SWIFT data comes from

The codes here come from public sources which we refresh regularly. It can happen that information on this page is out of date after a merger or reorganisation. Counts and locations come from our own dataset.

See our directory on this page as a handy check. We are an independent comparison service for money transfers and not affiliated with Citco Banking Corporation N.V.. Found an error? Let us know through the contact page.

Tracking a transfer to or from Citco Banking Corporation N.V.

There is no fixed answer: some arrive the same day or the next, others take several business days. Weekends and public holidays in either country add a day or more, since banks do not process on those days. Sometimes a bank wants to know about the purpose of a payment before releasing it.

When a payment takes longer than expected, contact your bank about the status; with that reference banks can see where the payment is. Specialist transfer services usually provide a status in their app showing how far the money is.

Only the sending bank is able to start an official trace or a recall; the receiving side usually has nothing to trace yet. On the receiving end, it helps to check your account to see a partial amount.

Sending money abroad from Citco Banking Corporation N.V.

The price of an international transfer has more than one component – not just the fee on your screen. Besides a fixed fee, banks in between may deduct a fee, and when currencies are converted the bank often applies a rate below the actual market rate.

That exchange rate margin is often the largest item even though it is not listed as a fee. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Specialised transfer providers often use a rate near the mid-market rate and lower fees. On GoldexPay we compare what recipients receive with different services, so you can pick the cheapest route. Choosing a specialist does not require leaving Citco Banking Corporation N.V. – you pay the provider from your own account.

Getting paid from abroad into a Citco Banking Corporation N.V. account

If you are waiting for money from abroad, send the payer all details at once. Share the account holder’s name, the IBAN or account number, SWIFT code CITCCWCUXXX and your address.

Their bank may request the address of your bank; the head office in Willemstad is usually fine. A typo in your account number is harder to fix than you might think.

The amount you receive is often less than what was sent. Fees for incoming transfers differ from bank to bank; check the price list of Citco Banking Corporation N.V.. Agree with the sender who pays which costs before the money is sent.

Watch out for payment fraud

A common scam goes like this: an email arrives with a message claiming that a supplier has new bank details and asking you to pay there from now on. The fact that CITCCWCU exists is no guarantee that a request mentioning it is legitimate; criminals use the codes of real banks too.

Check changed payment details via a different channel, such as a phone number you already know, never via the email that asked for the change. Urgency or secrecy are warning signs – a real supplier can wait a day. Already paid? Contact your bank straight away and ask them to start a recall.

Fraud can also target the receiver: someone claims to have sent too much and asks you to refund the extra. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Verifying the SWIFT code of Citco Banking Corporation N.V.

The safest source for the BIC is the bank details provided by the recipient. Compare it against CITCCWCU here.

An incorrect BIC may lead to delays, a returned payment or extra fees. Do not forget the IBAN: a mistake there is harder to undo than a wrong code.

A format check in your banking app merely confirms that the code is valid. If your bank offers it, a payee name check before sending gives an extra layer of safety. Sending a small amount first can be a sensible step for a large first payment despite the extra fee.

Which of the 2 codes of Citco Banking Corporation N.V. do you need?

Having 2 codes, Citco Banking Corporation N.V. is one of the banks that use individual codes for parts of the organisation and departments. The main code remains CITCCWCUXXX.

If nobody asks you for a branch code, go with CITCCWCUXXX or its short form CITCCWCU. If you have been given a specific code, stick to it rather than replacing it with the head office code.

Unsure which code applies? Check with the recipient. Codes are sometimes changed or retired over time.