SWIFT Code CITFCZPP — CITFIN, SPORITELNI DRUZSTVO, PRAGUE

About SWIFT Code CITFCZPP — CITFIN, SPORITELNI DRUZSTVO, PRAGUE

SWIFT code CITFCZPP is the official 8-character head-office BIC (Bank Identifier Code) for CITFIN, SPORITELNI DRUZSTVO in PRAGUE, Czech Republic. 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 CITFIN, SPORITELNI DRUZSTVO for all outward international remittances from PRAGUE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CITFCZPP

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

When to Use SWIFT Code CITFCZPP

Receiving International Wire Transfers

To receive money from abroad at your CITFIN, SPORITELNI DRUZSTVO account in PRAGUE, share SWIFT code CITFCZPP 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 CITFIN, SPORITELNI DRUZSTVO, PRAGUE must provide SWIFT code CITFCZPP. 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 CITFIN, SPORITELNI DRUZSTVO in PRAGUE rely on SWIFT code CITFCZPP 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 CITFIN, SPORITELNI DRUZSTVO →

For cheque clearing or NACH mandates, use the MICR code for CITFIN, SPORITELNI DRUZSTVO →

For TDS challan deposits, find the BSR code for CITFIN, SPORITELNI DRUZSTVO →

How SWIFT Code CITFCZPP Routes an International Transfer

1. Initiation: The sender provides SWIFT code CITFCZPP 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 CITFIN, SPORITELNI DRUZSTVO.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CITFIN, SPORITELNI DRUZSTVO receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CITFCZPP

• Spaces or lowercase letters — Always enter CITFCZPP uppercase with no spaces.
• Using the wrong city — This code is for PRAGUE 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 Czech Republic.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CITFCZPP directly with CITFIN, SPORITELNI DRUZSTVO's PRAGUE branch or via the SWIFT BIC Directory.