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27th April 2016, 09:24 AM
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Join Date: May 2012
Re: Citibank Swift Code India

As you require the SWIFT Code of Citi Bank NA Banglore Branch, Bangalore City india

Swift Code : Citiinbxblr

Bank : Citi Bank Na

Branch : Banglore

Address : Bangalore

City : Bangalore

State : Karnataka

Country India (In)

Citi Bank NA SWIFT CODE-

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO).

It is a inimitable identification code for both financial and non-financial institutions.

(When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the swap over of other messages between banks.

The codes may sometimes be found on account statements. SWIFT and BIC codes are essentially the same.

The SWIFT code is 8 or 11 characters,

Example: BBBBUS3M489

BBBB 4 letters: Institution Code or bank code.

US 2 letters: ISO 3166-1 alpha-2 country code

3M 2 letters or digits: location code

If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.

If the second character is "1", then it denotes a passive participant in the SWIFT network

If the second character is "2", then it typically indicates a overturn billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.

489 last 3 letters or digits: branch code.

Where an 8-digit code is given, it can be assumed that it refers to the primary office.


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