SWIFT Code CITIBBBB — CITICORP MERCHANT BANK LIMITED, ST. MICHAEL

About SWIFT Code CITIBBBB — CITICORP MERCHANT BANK LIMITED, ST. MICHAEL

SWIFT code CITIBBBB is the official 8-character head-office BIC (Bank Identifier Code) for CITICORP MERCHANT BANK LIMITED in ST. MICHAEL, Barbados. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by CITICORP MERCHANT BANK LIMITED for all outward international remittances from ST. MICHAEL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CITIBBBB

The code CITIBBBB follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CITIBBBB

Receiving International Wire Transfers

To receive money from abroad at your CITICORP MERCHANT BANK LIMITED account in ST. MICHAEL, share SWIFT code CITIBBBB with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at CITICORP MERCHANT BANK LIMITED, ST. MICHAEL must provide SWIFT code CITIBBBB. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using CITICORP MERCHANT BANK LIMITED in ST. MICHAEL rely on SWIFT code CITIBBBB for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for CITICORP MERCHANT BANK LIMITED →

For cheque clearing or NACH mandates, use the MICR code for CITICORP MERCHANT BANK LIMITED →

For TDS challan deposits, find the BSR code for CITICORP MERCHANT BANK LIMITED →

How SWIFT Code CITIBBBB Routes an International Transfer

1. Initiation: The sender provides SWIFT code CITIBBBB and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to CITICORP MERCHANT BANK LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CITICORP MERCHANT BANK LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CITIBBBB

• Spaces or lowercase letters — Always enter CITIBBBB uppercase with no spaces.
• Using the wrong city — This code is for ST. MICHAEL only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Barbados.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CITIBBBB directly with CITICORP MERCHANT BANK LIMITED's ST. MICHAEL branch or via the SWIFT BIC Directory.