Citibank, N.a. SWIFT/BIC code

CITIECE1 – the SWIFT/BIC code of Citibank, N.a.

If an invoice shows CITIECE1 or CITIECE1XXX, you are looking at the identical identifier for Citibank, N.a. in Ecuador. A SWIFT code tells the sending bank which institution should receive the money, a bit like a postal address for banks. In daily life you usually see the code on invoices from abroad, in your banking app and on the account details that Citibank, N.a. provides.

On this page we explain how the code is put together, when you need it and what else a transfer to or from Citibank, N.a. requires. Remember that the SWIFT code only identifies the bank, not the person: the account number or IBAN does that part.

What the XXX in CITIECE1XXX means

The structure of every SWIFT code never changes: a bank code of four letters, a two-letter country code and a two-character location code. For Citibank, N.a., the 8-character core is CITIECE1.

The full version adds a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office, so CITIECE1XXX and CITIECE1 are interchangeable.

Do not add spaces when you type CITIECE1. Watch for the letter O and the digit 0 or the letter I and the digit 1, a common source of typos.

Which of the 4 codes of Citibank, N.a. do you need?

Our database contains 4 SWIFT/BIC codes for Citibank, N.a. in 4 cities. Besides the head office code CITIECE1XXX, you will find codes for individual branches and departments.

If nobody asks you for a branch code, use CITIECE1XXX or its short form CITIECE1. Just use a branch code when the recipient gives you that exact code.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes can change over time, so a code from an old document is not always valid.

Protect yourself against fake payment requests

Be alert if someone unexpectedly wants you to send money to a different account or a bank in another country. A valid SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Verify new payment details through a separate channel, not by replying to the message. Be suspicious of time pressure, odd spelling or a sender address that is slightly off. Already paid? Call the bank you paid from straight away and ask them to try to recall the payment.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference to another account. A payment confirmation from the sender is no proof; only your own account shows what has arrived.

How up to date is this code?

We collect SWIFT/BIC codes from public sources and update them regularly. It is possible that information on this page is no longer current. Counts and locations are from our directory.

Before any payment that matters, check the code with Citibank, N.a. or with the recipient. GoldexPay is an independent comparison site and not affiliated with Citibank, N.a.. Should you notice a mistake, we welcome a short note.

International transfers from Citibank, N.a.: the real cost

If you transfer money abroad via Citibank, N.a., the fee you see is only part of what you pay. Besides the transfer fee, correspondent or intermediary banks can deduct a fee, and if the money changes currency the bank usually applies a rate that is less favourable than the real market rate.

Banks rarely list the margin on the rate separately. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Specialist money transfer services often offer rates closer to the mid-market rate with clearer fees. On GoldexPay you can compare what recipients receive across services, which makes the cheapest option easy to spot. You can always keep your account at Citibank, N.a. as the source of the money.

When will the money arrive at Citibank, N.a.?

How fast a transfer arrives at Citibank, N.a. is determined by several factors: the currency, the number of banks in between, daily processing deadlines and time zones. Bank holidays in the sending or receiving country can add extra days to the journey. Extra checks on larger or unusual payments may also add a delay.

When a payment takes longer than expected, contact your bank for the status. Specialist transfer services usually provide tracking in their app so you can see how far the money is.

If a payment has not arrived within the expected time, the person who paid should contact the bank that sent it rather than Citibank, N.a.. On the receiving end, you can check your statements to see a partial amount.

Getting paid from abroad into a Citibank, N.a. account

For a transfer from abroad into your account at Citibank, N.a., the person paying you has to have not just the SWIFT code. Share the account holder’s name, your account number or IBAN, SWIFT code CITIECE1XXX and your address, which some banks require.

Certain banks want the name and address of Citibank, N.a.. A mistake in your account number can be harder to fix than you might think, so copy the details from your online banking.

Money from abroad will not always arrive for the full amount. Intermediary banks may deduct a fee, and if the currency changes, a markup on the rate comes on top. Make clear with the sender who covers the fees, especially for larger amounts.

Sending USD to Citibank, N.a.

Accounts at Citibank, N.a. are typically held in USD, the national currency of Ecuador. When you pay money in a different currency it gets converted at some point – by your bank, by Citibank, N.a. or by a bank in between. There is rarely a separate charge for that conversion – the cost sits in the rate.

Who does the conversion has an effect on how much arrives. Check what USD the recipient gets with different providers before choosing one.

The rate for USD changes constantly and quotes are often valid only for a short time. If you pay regularly, small differences in the rate make a real difference over a year.

How to check CITIECE1 before you pay

The best place to find the right code remains paperwork issued by the bank like a bank statement or the account page in online banking. When the code you were given does not match CITIECE1 or CITIECE1XXX, do not guess – contact the recipient or Citibank, N.a..

With a wrong code, the transfer might be delayed, be returned or cost extra – sometimes after weeks of searching. Do not forget the account number: an error there can be harder to undo than a wrong code.

An automatic check in your banking app merely confirms that the code exists – not that it belongs to the person you mean to pay. Where available, a payee name check before sending adds an extra layer of safety. A small test payment can be a sensible step for a large first payment, even if it costs an extra fee.