OVERSEAS FUND TRANSFER

Enjoy convenient fund transfer around the world.

Enjoy convenient fund transfer around the world.

Make overseas fund transfer around the world at your convenience with Citibank Payments and Transfers.

Features

Unlock a world of possibilities to meet your overseas fund transfer needs. For greater flexibility and convenience, you can now remit money in 43 currencies*.

Enjoy faster, easier and more secure funds transfer anytime, anywhere via Citibank Online or Citi Mobile® App. You can also add payees and make multiple transfers all at once, while on the go.

Available currencies:

Australian Dollar

Australian
Dollar (AUD)

Bahraini Dinar

Bahraini
Dinar (BHD)

Bangladeshi Taka

Bangladeshi
Taka (BDT)

Brunei Dollar

Brunei
Dollar (BND)

Cambodian Riel

Cambodian
Riel (KHR)

Canadian Dollar

Canadian
Dollar (CAD)

Chinese-Yuan Renminbi

Chinese Yuan Renminbi (CNY)

Czech Koruna

Czech
Koruna (CZK)

Danish Krone

Danish
Krone (DKK)

East Caribbean Dollar

East Caribbean
Dollar (XCD)

Euro

Euro (EUR)

Fiji Dollar

Fiji Dollar (FJD)

Hong Kong Dollar

Hong Kong
Dollar (HKD)

Hungarian Forint

Hungarian
Forint (HUF)

Indian Rupee

Indian
Rupee (INR)

Indonesian Rupiah

Indonesian
Rupiah (IDR)

Israeli New Shekel

Israeli New
Shekel (ILS)

Japanese Yen

Japanese
Yen (JPY)

Kenyan Shilling

Kenyan
Shilling (KES)

Laotian Kip

Laotian
Kip (LAK)

Macanese Pataca

Macanese
Pataca (MOP)

Malaysian Ringgit

Malaysian
Ringgit (MYR)

Mauritian Rupee

Mauritian
Rupee (MUR)

Nepalese Rupee

Nepalese
Rupee (NPR)

New Zealand Dollar

New Zealand
Dollar (NZD)

Norwegian Krone

Norwegian
Krone (NEK)

Pakistani Rupee

Pakistani
Rupee (PKR)

Papua-New-Guinean Kina

Papua New Guinean
Kina (PGK)

Philippine Peso

Philippine
Peso (PHP)

Polish Zloty

Polish
Zloty (PLN)

Singapore Dollar

Singapore
Dollar (SGD)

South African Rand

South African
Rand (ZAR)

South Korean Won

South Korean
Won (KRW)

Sri Lankan Rupee

Sri Lankan
Rupee (LKR)

Sterling Pound

Sterling
Pound (GBP)

Swedish Krona

Swedish
Krona (SEK)

Swiss Franc

Swiss
Franc (CHF)

Taiwan Dollar

Taiwan
Dollar (TWD)

Thai Baht

Thai
Baht (THB)

Turkish Lira

Turkish
Lira (TRY)

UAE Dirham

UAE
Dirham (AED)

United States Dollar

United States
Dollar (USD)

Vietnamese Dong

Vietnamese
Dong (VND)

Getting Started

Simply log in to your Citibank Online account or your Citi Mobile© App and click on 'Payment & Transfers' to begin.

  • Tap on "Transfers" after logging in
  • Add payee and enter payee details
  • Select Payee to make a transfer to
  • Select currency and enter transfer amount
  • Verify transfer details and tap on "Pay"
  • Transfer is completed!
FAQ

Click on    to expand and on    to minimise the details.

You can choose to debit from any of your existing checking/ savings accounts (in the 10 existing currencies):

S.No Currency Name Code
1 Singapore Dollar SGD
2 US Dollar USD
3 Canadian Dollar CAD
4 British Pound GBP
5 Australian Dollar AUD
6 New Zealand Dollar NZD
7 Euro EUR
8 Swiss Franc CHF
9 Japanese Yen JPY
10 Hong Kong Dollar HKD

You can choose to remit in any of the 43 currencies:

S.No Currency Name Code
Group 1
1 Australian Dollar AUD
2 Brunei Dollar BND
3 Canadian Dollar CAD
4 Danish Krone DKK
5 Euro EUR
6 Hong Kong Dollar HKD
7 Indian Rupee IDR
8 Japanese Yen JPY
9 New Zealand Dollar NZD
10 Norwegian Krone NEK
11 Philippine Peso PHP
12 Singapore Dollar SGD
13 South African Rand ZAR
14 Sri Lanka Rupee LKR
15 Sterling Pound GBP
16 Swedish Krona SEK
17 Swiss Franc CHF
18 Thai Baht THB
19 United Arab Emirates Dirham AED
20 United States Dollar USD
Group 2
1 Bahraini Dinar BHD
2 Bangladeshi Taka BDT
3 Cambodian Riel KHR
4 Chinese Yuan Renminbi CNY
5 Czech Koruna CZK
6 Eastern Caribbean Dollar XCD
7 Fiji Dollar FJD
8 Hungarian Forint HUF
9 Indonesian Rupiah IDR
10 Israeli New Shekel ILS
11 Kenyan Shilling KES
12 Laotian Kip LAK
13 Macanese Pataca MOP
14 Malaysian Ringgit MYR
15 Mauritian Rupee MUR
16 Nepalese Rupee NPR
17 Pakistani Rupee PKR
18 Papua New Guinean Kina PGK
19 Polish Zloty PLN
20 South Korean Won KRW
21 Taiwan Dollar TWD
22 Turkish Lira TRY
23 Vietnamese Dong VND

You can make these transfers via the Citi Mobile® App or log in to Citibank Online. It can be found under Payments and Transfers, select a payee to begin. You can also walk into a Citibank branch to make a manual instruction.


Group 1 currencies:

Yes, you may book a rate with your Treasury Sales Officer, and input your Foreign Exchange Contract number in the online instruction.


Group 2 currencies:

No. At this moment, these new currencies are not available via Treasury Sales Officers.

The transaction limits for both Group 1 and 2 currencies are SGD $250,000 equivalent.

Group 1 currencies:

Yes, you may submit an online secure message to request for a Foreign Exchange rate from your Treasury Sales Officer.


Group 2 currencies:

No, these 23 currencies will not be available for booking via Treasury Sales Officers.

Transfer may take up to 3 working days from the day of instruction. For Group 2 Currencies, the transfer may take up to 7 to 10 working days, depending on the individual countries and banks receiving the funds.

Rates provided are an "All in Rate", which will be different from the prevailing interbank market rate of the time of execution, as it includes a Bank Spread. Spreads charged are determined by the Bank in its discretion according to the amount placed, and will not exceed 3%.

There will be no fees charged for transfers to Citibank accounts. For transfers made to non- Citibank accounts, there will be a 0.125% commission fee charged (capped at S$200) and a cable fee of S$30 (S$25 for Citi Priority and S$20 for Citigold and Citigold Private Clients).

You may change your sending currency to one that is different from the destination home currency, but a second conversion charge may be incurred, as applied by the beneficiary bank.

You may choose to send your funds in any of the existing currencies currently offered by Citi.

You may log in to Citibank Online or the Citi Mobile® App to view your transfer history.

Depending on your preferred channel of alerts and alert threshold, you may be notified via SMS or email.

For Group 2 Currencies, this service will not be available at the following (SGT) timings:

  • Mondays to Saturdays, during system downtimes: 6:30AM to 8:00AM
  • On Sundays (except third Sundays): 11:00AM to 7:00PM
  • On Third Sundays: 5:00AM to 7:00PM

IMPORTANT NOTESIMPORTANT NOTES

* Transfer is subject to maximum daily limit, and may take up to 3 working days from the day of instruction. Some transfers may take up to 7 to 10 working days, depending on the corresponding countries and banks. Additional charges from the corresponding bank and the beneficiary bank may apply. All payments and transfers are subject to the Citibank Online User Agreement. Some or all of the services (including payments and transfers) that may be accessed through Citi MobileĀ® App or Citibank Online may not be available during our scheduled maintenance times. In the event of such unavailability, you may call our 24-Hour CitiPhone Banking at 6225 5225 or visit a Citibank branch to conduct your banking transactions. Citibank exercises no control and assumes no responsibility for any delay, misconnection, variation in response times and connectivity of any Internet Service Provider (whether local or overseas) through which access to Citi MobileĀ® App and/or Citibank Online is effected. Citibank full disclaimers, terms and conditions apply to individual products and banking services.