The primary SWIFT code for Citizens Bank, N.A. is CTZIUS33.
Understanding Citizens Bank's SWIFT/BIC Codes
When performing international money transfers to or from Citizens Bank, N.A., you will need its Society for Worldwide Interbank Financial Telecommunication (SWIFT) code, also known as a Bank Identifier Code (BIC). This unique code identifies financial institutions globally, ensuring your funds reach the correct bank securely and efficiently.
Citizens Bank, N.A. uses specific SWIFT codes, which can vary slightly depending on whether an 8-character code for the main institution or an 11-character code for a specific branch is required for a transaction.
Main SWIFT Code for Citizens Bank, N.A.
The most commonly used 8-character SWIFT code for Citizens Bank, N.A., identifying the bank itself, is:
- CTZIUS33
This code identifies Citizens Bank, N.A. as a financial institution located in the United States and is often sufficient for most international wire transfers.
Branch-Specific SWIFT Code (11 Characters)
For transactions that require a more specific identifier, particularly when routing funds to a particular branch, an 11-character SWIFT code might be used. This code typically appends a 3-character branch code to the main 8-character SWIFT code.
For Citizens Bank, N.A., including a specific branch identifier, the SWIFT code would be:
- CTZIUS33COB
Here’s a breakdown of the components:
- CTZI: The unique bank code for Citizens Bank, N.A.
- US: The country code for the United States.
- 33: The location code, indicating Providence, Rhode Island.
- COB: The branch code, identifying a specific branch.
Summary of Citizens Bank SWIFT Information
For your convenience, here is a summary of the key SWIFT information for Citizens Bank, N.A.:
| Detail | Value |
|---|---|
| Bank Name | Citizens Bank, N.A. |
| Primary SWIFT Code (8-char) | CTZIUS33 |
| Branch SWIFT Code (11-char) | CTZIUS33COB |
| Bank Address | 1 Citizens Plaza, Providence RI 02903-1339, US |
| Branch Code | COB |
It is always recommended to confirm the exact SWIFT code with your recipient or Citizens Bank directly for critical transactions to ensure accuracy and prevent any delays.
Importance of SWIFT Codes in International Transfers
SWIFT codes are vital for the global financial system because they:
- Ensure Accuracy: They precisely identify the recipient's bank, helping to prevent misrouted funds or delays.
- Facilitate Speed: By standardizing bank identification, they streamline the process, contributing to faster international transactions.
- Enhance Security: The use of correct SWIFT codes adds a layer of verification, confirming the authenticity of the financial institutions involved in the transfer.
When initiating or expecting an international wire transfer, you will typically need the following information from the recipient:
- Full name and address
- Bank name
- SWIFT/BIC code
- Account number (or IBAN, depending on the region)
For further details on international transfers or to verify specific information, it is always best to consult official Citizens Bank resources or contact their customer service directly.
