These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. Once a firm has submitted this data, the regulator will map the FRN to the BIC and the firm must ensure that the TMU is aware of the BIC on an ongoing basis. For an international bank transfer, you need a SWIFT Code (BIC Code) and the IBAN Code. Both must be correct or payment will be rejected. SWIFT is the process the Commonwealth Bank uses to send money overseas (similar to BPay used for domestic payments) and a BIC is the code that the SWIFT system uses to identify banks worldwide. €™re already know your SWIFT or BIC codes but you wanted to know the Citibank location such as bank branch or address or city.

Country	City	Bank Name	Branch	SWIFT
Canada	Montreal	First City Capital INC	First City Capital INC	CCAFCAM1XXX