SWIFT Code CITIHUHX — CITIBANK EUROPE PLC HUNGARIAN BRANCH, BUDAPEST

About SWIFT Code CITIHUHX — CITIBANK EUROPE PLC HUNGARIAN BRANCH, BUDAPEST

SWIFT code CITIHUHX is the official 8-character head-office BIC (Bank Identifier Code) for CITIBANK EUROPE PLC HUNGARIAN BRANCH in BUDAPEST, Hungary. 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 CITIBANK EUROPE PLC HUNGARIAN BRANCH for all outward international remittances from BUDAPEST. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CITIHUHX

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

When to Use SWIFT Code CITIHUHX

Receiving International Wire Transfers

To receive money from abroad at your CITIBANK EUROPE PLC HUNGARIAN BRANCH account in BUDAPEST, share SWIFT code CITIHUHX 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 CITIBANK EUROPE PLC HUNGARIAN BRANCH, BUDAPEST must provide SWIFT code CITIHUHX. 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 CITIBANK EUROPE PLC HUNGARIAN BRANCH in BUDAPEST rely on SWIFT code CITIHUHX 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 CITIBANK EUROPE PLC HUNGARIAN BRANCH →

For cheque clearing or NACH mandates, use the MICR code for CITIBANK EUROPE PLC HUNGARIAN BRANCH →

For TDS challan deposits, find the BSR code for CITIBANK EUROPE PLC HUNGARIAN BRANCH →

How SWIFT Code CITIHUHX Routes an International Transfer

1. Initiation: The sender provides SWIFT code CITIHUHX 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 CITIBANK EUROPE PLC HUNGARIAN BRANCH.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CITIBANK EUROPE PLC HUNGARIAN BRANCH receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CITIHUHX

• Spaces or lowercase letters — Always enter CITIHUHX uppercase with no spaces.
• Using the wrong city — This code is for BUDAPEST 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 Hungary.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CITIHUHX directly with CITIBANK EUROPE PLC HUNGARIAN BRANCH's BUDAPEST branch or via the SWIFT BIC Directory.