Citibank Maghreb SWIFT/BIC code

What CITIMAMC means for a payment to Citibank Maghreb

CITIMAMC and CITIMAMCXXX are two ways of writing the same SWIFT/BIC code, and both lead to Citibank Maghreb in Casablanca. Banks worldwide use BIC codes to direct payments between countries to the right institution. It comes up mostly when dealing with transfers between countries.

On this page you can read how the code means, when you need it and which other details you need for a transfer to or from Citibank Maghreb. A SWIFT code names a bank or branch, never a single account, which is why you always need the account number too.

How long does an international transfer to Citibank Maghreb take?

An international transfer typically takes anywhere from one to several business days. Weekends and public holidays in the sending or receiving country add extra days to the journey. Occasionally a bank asks what the payment is for.

If a transfer seems late, ask your bank for the status and the transaction reference so they can trace it along the chain. Save your transfer receipt – you will need it for any trace request.

A missing payment is investigated from the sending side. As a recipient, it helps to look at your statements for a slightly lower amount.

Sending money abroad from Citibank Maghreb

What you pay for a payment abroad is made up of several parts – not just the fee on your screen. Besides the transfer fee, banks in between can take a cut, and if currencies are converted, the bank usually applies a rate below the real market rate.

That exchange rate margin is often the biggest cost even though it is not listed as a fee. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

For many currency pairs, a specialist provider turns out to be cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares the amount that arrives with different services, which makes the cheapest option easy to spot. Choosing a specialist does not mean closing your account at Citibank Maghreb – you pay the provider from your own account.

Why Citibank Maghreb has an 8- and an 11-character code

The layout of every SWIFT code is always the same: a bank code of four letters, two for the country and two for the location, plus an optional branch code. In this case, the 8-character core is CITIMAMC.

Many banks and apps work with either length. If yours requires eleven characters, enter CITIMAMCXXX; if it wants eight, use CITIMAMC.

As a rule the code is written in capitals. Look out for the letter O and the digit 0 and I versus 1, a common source of typos.

About this information

The details here come from publicly available data that we update regularly. Still, banks merge, rename themselves or retire codes, so information can be out of date. Figures such as the number of codes are from our own dataset and are not confirmed by Citibank Maghreb.

For a payment that matters, always check the code with Citibank Maghreb or with the recipient. GoldexPay has no connection to Citibank Maghreb. Spotted outdated information? Let us know through the contact page so we can correct it.

How to check CITIMAMC before you pay

Have the recipient copy the bank details straight from their banking app. If the code you have does not match CITIMAMC or CITIMAMCXXX, stop and ask – contact the recipient or Citibank Maghreb.

Mistakes in the SWIFT code tend to be costly rather than fatal: often the payment comes back, minus fees. A mistake in the IBAN or account number can be more serious, because the money may be credited to someone else, so check that just as carefully.

An automatic check by your bank merely tells you that the IBAN exists, not that it is the right account. Where available, a payee name check before sending gives extra certainty. For a first payment, some people send a small test amount before sending the rest.

Scams that use SWIFT codes

Be wary when someone suddenly wants you to send money to another account. The fact that CITIMAMC exists is no guarantee that the account is legitimate.

Before paying, confirm changed bank details by phone, using a number you already had. Watch out for urgent requests, unusual wording or a sender address that is slightly off. Acted too fast? Call your bank straight away and have them start a recall.

Scams can also target the receiver: someone claims to have sent more than agreed and asks you to refund the difference via a different route. Wait until the money has really arrived.

Receiving money from abroad at Citibank Maghreb

If you are waiting for money from abroad, send the payer all details at once. Give them your name as the bank knows it, your account number or IBAN, SWIFT code CITIMAMCXXX and your address.

Some banks want the address of Citibank Maghreb, so keep it at hand. Double-check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

An incoming payment will not always arrive in full. Fees for incoming transfers differ per bank. Make clear with the sender who pays which costs before the money is sent.

Head office or branch code at Citibank Maghreb?

With 2 codes, Citibank Maghreb is one of the banks that register separate codes for parts of the organisation. The head office code is CITIMAMCXXX.

If nobody asks you for a branch code, go with CITIMAMCXXX or its short form CITIMAMC. A branch code only makes sense if the account holder specifically asks for it, which is more common for corporate accounts and trade services.

If you are not sure, check with the recipient which code their bank gave them. Codes for branches are more likely to be retired than CITIMAMCXXX when a bank merges or closes offices.