Citibank Swift Code For International Wire Transfer

 


Are you searching online for Citibank Swift Code for international wire transfer? This is the right webpage for you.

In this post, I will show you Citi bank swift code for transferring money locally or international. Read on!

What Is A Swift Code?

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) code is a set of digits and alphabets used for identifying a specific bank during an international transaction.

An International Bank Account Number (IBAN) is used to identify an individual account involved in the international transaction.

Your SWIFT code provides a network that enables banks anywhere in the world to send and receive information in a standardized and secure environment.

In practical terms, the SWIFT code is a standard format of Business Identifier Codes (BIC), which are used by banks when transferring money between them.

How Does A Wire Transfer Work With A Swift Code?

A wire transfer is a way of moving money electronically between two banks. A traditional money wire goes from one bank to another using a network such as the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

The sending bank sends a message to the recipient's bank with payment instructions through a secure system, such as SWIFT.

The recipient's bank receives all the necessary information from the initiating bank and deposits its own reserve funds into the correct account.

When sending or receiving money, always check the SWIFT code with your recipient or bank.

If you think you've used the wrong SWIFT code to send money, you should get in contact with your bank right away.

They may be able to cancel the transaction. If it's too late to cancel, you might have to contact the recipient yourself and request that they return your money.

How The SWIFT Code Looks Like

A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. It usually comprises of the following:

  • Bank code (A-Z)

4 letters representing the bank. It usually looks like a shortened version of that bank's name.

  • Country code A-Z

2 letters representing the country the bank is in.

  • Location code 0-9 A-Z

2 characters made up of letters or numbers. It says where that bank's head office is.

  • Branch code 0-9 A-Z

3 digits specifying a particular branch. 'XXX' represents the bank’s head office.

Citibank Swift Code For International Wire Transfer

Below are some Citibank Swift Codes for international and local transfers.

1. Citibank Swift Code United States

  • SWIFT Code:  CITIUS33XXX
  • Bank:  CITIBANK N.A.
  • Address :  388 GREENWICH STREET
  • City:  NEW YORK
  • Postcode:  10013
  • Country:  United States

2. Citibank Swift Code For USA

  • SWIFT Code:  CITIUS3PXXX
  • Bank:  CITIBANK N.A
  • Address:  111 WALL ST
  • City:  NEW YORK
  • Branch:  111 WALL STREET
  • Postcode:  10005
  • Country:  United States

3. Citibank Swift Code Nigeria

  • SWIFT code:  CITINGLAXXX
  • Swift code:  CITINGLA
  • Branch name:  CITIBANK NIGERIA LIMITED
  • Branch address:  CHARLES SANKEY HOUSE, 27 KOFO ABAYOMI STREET, VICTORIA ISLAND
  • Branch code:  XXX
  • Bank name:  CITIBANK NIGERIA LIMITED
  • City:  LAGOS
  • Country:  Nigeria
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In Conclusion

We have in this post discussed Citibank Swift Code for international wire transfers.

Do you need the code to send money internationally?

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