CTBAAU2SITS — COMMONWEALTH BANK OF AUSTRALIA

The SWIFT code CTBAAU2SITS identifies COMMONWEALTH BANK OF AUSTRALIA in SYDNEY, Australia. This branch code is used for cross-border payments and SWIFT network routing.

The 8 or 11 characters of CTBAAU2SITS are parsed as follows: characters 1-4 (CTBA) represent the bank code for COMMONWEALTH BANK OF AUSTRALIA; characters 5-6 (AU) indicate the country code for Australia; characters 7-8 (2S) specify the location code; and the final characters (ITS) designate the specific branch.

CTBAAU2SITS is formatted as a valid ISO 9362 Business Identifier Code and is listed in our reference directory for COMMONWEALTH BANK OF AUSTRALIA in SYDNEY, Australia. Our directory records come from an open community compilation last updated in 2024, so listing is not confirmation of current status — SWIFT does not publish a free live status feed. Always confirm the code with the beneficiary bank before sending funds.

The physical address registered for CTBAAU2SITS is: FLOOR 27, DARLING PARK CBA TOWER, 201 SUSSEX ST, 2000, SYDNEY, Australia. Verify this address matches your recipient's branch details before initiating a transaction.

An 8-character BIC (BIC8) identifies an institution's primary head office, while an 11-character BIC (BIC11) specifies a distinct branch or department. Appending 'XXX' to CTBAAU2S forms the conventional head-office branch suffix; both formats route validly on the network.

CTBAAU2SITS identifies the ITS branch of COMMONWEALTH BANK OF AUSTRALIA in SYDNEY, Australia. The branch code characters 'ITS' target this specific clearing node directly within COMMONWEALTH BANK OF AUSTRALIA's branch network.

SWIFT codes like CTBAAU2SITS identify the bank institution, while IBANs (ISO 13616) identify the individual customer account. Within SEPA (ECB SEPA), IBANs are sufficient for routing; outside SEPA, both SWIFT BIC and account number are typically required.

Using an incorrect code can delay transfers, cause payment returns, or route funds to an incorrect institution. Correspondent banks along the route may charge return processing fees, and currency conversion losses may occur. Always verify details with the beneficiary.

International SWIFT wires typically settle within 1 to 5 business days, depending on time zones, clearing cut-offs, correspondent hops (BIS CPMI), and compliance checks.

When sending and receiving banks lack direct clearing accounts, transfers route through intermediary correspondent banks (BIS CPMI) that maintain shared Nostro/Vostro accounts. Each hop may deduct a handling fee.

No. CTBAAU2SITS is an international ISO 9362 SWIFT BIC. Domestic transfers in Australia clear through undefined under [object Object] oversight (primary currency: AUD). SWIFT BICs route cross-border transactions.

This record is sourced from an open community BIC compilation (2024 vintage). For full data provenance, see our Data Sources Register.

Confirm the exact BIC and account details directly with your beneficiary, verify beneficiary bank name match, and beware of invoice fraud. Reference directories are for verification support.