Citibank Europe PLC France Branch SWIFT/BIC code

SWIFT/BIC code of Citibank Europe PLC France Branch

CITIFRPP and CITIFRPPXXX are two ways of writing the same bank identifier, and both lead to Citibank Europe PLC France Branch in Paris. A SWIFT code tells the sending bank which institution should receive the money. In practice you mostly come across the code on invoices from abroad, in payment forms and on the account details of Citibank Europe PLC France Branch customers.

Further down you will find the practical side: money coming in from abroad, sending money abroad and how to check a SWIFT code before you confirm a payment. Remember that the BIC just identifies the bank, not the account: the account number or IBAN takes care of that.

Sending money abroad from Citibank Europe PLC France Branch

An international bank payment can cost more than the fee suggests. There is the transfer fee, sometimes fees charged by intermediary banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

That exchange rate margin is often the largest item because it is hidden in the rate. Compare their rate against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

For a lot of routes, a transfer service turns out to be less expensive than a bank, mainly because of the exchange rate. Next time you send money, it is worth comparing the total cost on GoldexPay. You can always keep your account at Citibank Europe PLC France Branch as the source of the money, while a cheaper service handles the conversion.

Scams that use SWIFT codes

Be wary if a contact suddenly wants you to send money to another account or a bank in another country. A correct SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Before paying, confirm changed bank details through a phone call on a number you know, not one from the message. Urgency or secrecy tend to be warning signs; a genuine business can wait for you to check. Acted too fast? Call your bank without delay and have them start a recall and report the fraud.

Fraud can also target the receiver. Someone sends too much and asks you to refund the extra to a new account. Wait until the money is actually in your account – ask Citibank Europe PLC France Branch if something looks wrong.

SEPA payments and the Citibank Europe PLC France Branch BIC

Inside SEPA, euro payments to Citibank Europe PLC France Branch follow common rules and in most cases need only the IBAN. A field for the BIC is usually optional or missing in that case.

A SWIFT code like CITIFRPP still matter when the currency is not euros, and for transfers from outside SEPA. If a payment form has a field for the BIC anyway, adding CITIFRPP is fine.

Instant payments in euros have become increasingly available across SEPA; check with Citibank Europe PLC France Branch whether it applies to your account. Fees for SEPA transfers tend to be low, as long as no currency conversion is involved.

Verifying the SWIFT code of Citibank Europe PLC France Branch

The safest source for the BIC is the bank details provided by the recipient. When the code you were given differs from CITIFRPP or CITIFRPPXXX, stop and ask – contact the recipient or Citibank Europe PLC France Branch.

If the code is wrong, the payment might be delayed, be returned or cost extra – sometimes after weeks of searching. An error in the IBAN or account number can be a bigger problem, because the money may be credited to someone else, so check that just as carefully.

A validity check in your banking app only confirms that the IBAN is valid, not that it is the right account. If your bank offers it, a name check before sending gives extra certainty. Sending a small amount first can be worth it for large sums, even if it costs an extra fee.

About this information

The codes here come from public sources that we update regularly. It can happen that information here is no longer current, for example after a merger. Figures such as the number of codes come from our directory.

Before a payment of any size, always check the BIC with the recipient’s bank or the recipient. GoldexPay is a comparison site for money transfers and not affiliated with Citibank Europe PLC France Branch. Found outdated information? Let us know through the contact page so we can correct it.

8 or 11 characters: CITIFRPP versus CITIFRPPXXX

The structure of a BIC never changes: a bank code of four letters, two for the country and a two-character location code, sometimes followed by a branch code. In this case, the 8-character core is CITIFRPP.

XXX at the end of CITIFRPPXXX does not stand for a placeholder or an error: it stands for the head office of Citibank Europe PLC France Branch. Some banking apps insist on 11 characters, in which case you simply add XXX after CITIFRPP.

In practice the code is written in capitals, without spaces or dashes. Watch for the letter O and the digit 0 and the letter I and the digit 1, a common source of typos.

How long does an international transfer to Citibank Europe PLC France Branch take?

There is no fixed delivery time for every transfer: some land within a day, others take several business days. Payments made after the cut-off time or just before weekends and holidays usually go out a business day later. Occasionally a bank wants to know about the purpose of a payment, which can hold things up.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every payment carries a unique reference, the UETR. Save the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

A delayed transfer is investigated from the sending side. As a recipient, it helps to look at your statements for a partial amount because fees can reduce the amount.

Head office or branch code at Citibank Europe PLC France Branch?

Having 2 codes in 1 locations, Citibank Europe PLC France Branch belongs to the banks that use individual codes for branches and departments. The head office code remains CITIFRPPXXX.

In most cases you do not need to look up a branch: payments sent to CITIFRPPXXX are routed within Citibank Europe PLC France Branch correctly. When you receive a specific code, stick to it instead of replacing it for the head office code.

When in doubt, ask the person you are paying which code their bank gave them. Codes for branches are more likely to change than CITIFRPPXXX when a bank merges or closes offices.

Sending EUR to Citibank Europe PLC France Branch

Accounts at Citibank Europe PLC France Branch are typically held in EUR, the local currency of France. If you send another currency, the amount gets converted at some point – by your bank, by Citibank Europe PLC France Branch or by a bank in between. There is rarely a separate line for the conversion – the cost sits in the rate.

Who does the conversion has an effect on the final amount, since every bank sets its own rate. Often it is cheaper to send EUR straight away via a provider with a good rate, so that the receiving bank does not need to convert again.

Exchange rates change all the time. For regular payments, small differences in the rate add up over time.

Incoming international payments to Citibank Europe PLC France Branch

To receive an international payment into your account at Citibank Europe PLC France Branch, the person paying you has to have more than the BIC. The basics are: your name, IBAN or account number, CITIFRPPXXX or CITIFRPP and in many cases your postal address.

The sender’s bank may also ask for the address of your bank, in which case the Paris head office is the usual answer. A typo in your account number is more trouble than you might think, so copy the details from your online banking.

The amount you receive can be less than what was sent. Intermediary banks may deduct a fee, and if the money is converted, a markup on the rate comes on top. Agree with the sender who pays which costs.