Citibank N.a. SWIFT/BIC code

Citibank N.a. SWIFT code: CITIAEAD

The 8-character code CITIAEAD and the full code CITIAEADXXX identify one and the same institution: Citibank N.a.. Banks worldwide use these codes to route payments between countries to the right institution. In practice you mostly see the code on invoices from abroad, in payment forms and on the account details of Citibank N.a. customers.

This page is meant to help anyone who pays into an account at Citibank N.a. without mistakes. The SWIFT code alone does not identify a personal account; that is what the account number or IBAN .

How long does an international transfer to Citibank N.a. take?

How quickly a payment arrives at Citibank N.a. depends on several factors: the currency, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Weekends and public holidays in the sending or receiving country can add extra days, since banks do not process on those days. Sometimes a bank wants to know what the payment is for.

When a payment takes longer than expected, contact the sending bank about the tracking status and the transaction reference so they can trace it along the chain. Money transfer services usually show a status online so you can see how far the payment is.

Only the sending bank is able to start an official trace. As a recipient, you can look at your statements to see a slightly lower amount because fees can reduce the amount.

Sending money abroad from Citibank N.a.

When you send money to another country through Citibank N.a., the fee you see is rarely all of what you pay. There is the transfer fee, sometimes fees charged by intermediary banks in between and, above all, the margin on the exchange rate if the currency changes.

Banks rarely show their exchange rate markup separately. An easy check: put the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

For many currency pairs, a transfer service is cheaper than a bank, mainly because of the exchange rate. Next time you send money, it is worth comparing the total cost via GoldexPay rather than accepting the bank’s rate by default. You can always use your account at Citibank N.a. as the source of the money.

Watch out for payment fraud

One of the most common tricks works like this: an email arrives with a request saying that a company has a new bank account and asking you to pay there from now on. That CITIAEAD is a real code is no guarantee that the account is legitimate; criminals use the codes of real banks too.

Check new payment details via a separate channel like a call to a number from an earlier contract. Pressure and requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. Already paid? Call the bank you paid from without delay and ask them to try to recall the payment and report the fraud.

Scams also work the other way. Someone claims to have sent too much and asks you to refund the difference. A payment confirmation from the sender proves nothing – check your own account.

How up to date is this code?

The directory on GoldexPay is based on publicly available sources and we update it periodically. Still, banks merge or change codes and our data may lag behind. Figures such as the number of codes are from our directory and are not confirmed by Citibank N.a..

Treat our directory on this page as a helpful check, and let the details from the recipient or Citibank N.a. have the final say. GoldexPay is not affiliated with Citibank N.a., we only compare transfer services. If you notice a mistake, we appreciate a short note.

Which of the 3 codes of Citibank N.a. do you need?

Having 3 codes in 1 locations, Citibank N.a. belongs to the banks that use separate codes for branches. The head office code remains CITIAEADXXX.

If nobody asks you for a branch code, use CITIAEADXXX. When you receive a specific code, use it as it is instead of swapping it for the head office code.

The best way is to take the code directly from the account holder’s statement. Branch codes are more prone to change than the head office code.

8 or 11 characters: CITIAEAD versus CITIAEADXXX

A SWIFT code is made up of a few fixed parts: characters one to four identify the bank, the next two show the country and characters seven and eight indicate the location. The result is CITIAEAD.

The long version has three more characters for a branch or department. If the last three are XXX, the code points to the head office, which is why CITIAEADXXX and CITIAEAD lead to the same place.

In practice the code is written in capitals. A wrong letter can send the money to a different institution, so copy it carefully.

Is CITIAEAD still correct? How to check

Ask the recipient to send you their account details directly from a recent statement. Compare that code against CITIAEAD on this page.

With a wrong code, the transfer might get stuck, be returned or end up costing more – sometimes after weeks of searching. A mistake in the IBAN or account number can be a bigger problem, because the money may be credited to someone else; check it just as carefully.

A validity check in your banking app merely tells you that the code exists – not that it belongs to the person you mean to pay. Some banks now compare the name against the account before you confirm; take any warning seriously. When you pay someone new, many people start with a small amount first and wait for confirmation.

Paying into Citibank N.a. in AED

United Arab Emirates uses the United Arab Emirates Dirham (AED). If you send another currency, the amount has to be converted somewhere along the way. You rarely see a separate charge for that conversion; it is built into the rate.

Which bank converts the payment makes a difference: every bank has its own margin. Transferring the amount directly in AED usually avoids a second conversion, provided the rate you get is fair.

Exchange rates move all the time, and some providers let you lock in a rate. If you pay regularly, small differences in the rate add up over a year.

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

If you are waiting for a payment from another country, send the payer everything they need in one go. What they need is: the account holder’s name, account number or IBAN, CITIAEADXXX or CITIAEAD and, for some countries, your postal address.

Their bank may request the bank address of Citibank N.a., in which case the Dubai head office is the usual answer. A mistake in your account number can be harder to fix than it looks, so copy the details from your online banking.

Expect that the amount credited is smaller than what the sender paid. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. Make clear with the sender who covers the fees, especially for larger amounts.