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What is Citibank's Swift Code?

Summary:Citibank's SWIFT code is CITIUS33, a unique identification code used for international transactions. It ensures secure and efficient transfer of funds to the correct bank and branch.

What is Citibank's Swift Code?

Citibank is a renowned financial institution that provides a wide range ofbanking servicesto its customers. The bank operates in many countries around the world and has a vast network of branches and subsidiaries. To facilitate itsinternational transactions, Citibank uses a unique identification code known as the SWIFT code.

What is a SWIFT code?

SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. It is a messaging network that enables banks andfinancial institutionsto communicate with each other securely and efficiently. The SWIFT code is a unique identification code assigned to each bank and financial institution that participates in the SWIFT network. It consists of a combination of eight or eleven alphanumeric characters, which are used to identify the bank, country, and branch.

What is Citibank's SWIFT code?

Citibank's SWIFT code is CITIUS33. It is an eleven-character code that identifies Citibank's head office in the United States. The first four characters (CITI) represent the bank's name, the next two characters (US) represent the country, and the last three characters (33) represent the location of the bank's head office.

Why is the SWIFT code important?

The SWIFT code is essential for international transactions involving banks and financial institutions. It ensures that the funds are transferred securely and efficiently to the correct bank and branch. Without a SWIFT code, the transaction may be delayed or even rejected, resulting in inconvenience and additional costs for the parties involved.

How to find Citibank's SWIFT code?

Citibank's SWIFT code can be easily found on the bank's website or by contacting the customer service department. The SWIFT code may also be printed on the bank statement or the account holder's checkbook. It is essential to ensure that the correct SWIFT code is used when conducting international transactions to avoid any delays or errors.

In conclusion, Citibank's SWIFT code is CITIUS33, an eleven-character code that identifies the bank's head office in the United States. The SWIFT code is essential for international transactions involving banks and financial institutions to ensure that the funds are transferred securely and efficiently to the correct bank and branch. It is important to ensure that the correct SWIFT code is used when conducting international transactions to avoid any delays or errors.

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