Question 1

What is the SWIFT code for CIB Bank Ltd?

Accepted Answer

The SWIFT/BIC code for CIB Bank Ltd is CIBHHUHB. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to CIB Bank Ltd?

Accepted Answer

To send money internationally to CIB Bank Ltd, provide your bank with the SWIFT/BIC code CIBHHUHB (BUDAPEST, Hungary) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is CIB Bank Ltd a SEPA member?

Accepted Answer

Yes, CIB Bank Ltd is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code CIBHHUHB mean?

Accepted Answer

In the BIC code CIBHHUHB: "CIBH" is the institution code identifying CIB Bank Ltd, "HU" is the ISO 3166-1 country code for Hungary, and "HB" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns CIB Bank Ltd?

Accepted Answer

CIB Bank Ltd is owned by Intesa Sanpaolo S.p.A., a banking group based in Italy. CIB Bank Ltd is registered in Hungary as a local entity, while its ultimate ownership sits with the parent group in Italy.

CIBHHUHB

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