TIME DEPOSIT PROMOTION

Higher returns.

Rethink Banking.

Higher returns. Rethink Banking.

Depending on your financial objectives and risk appetite, Citibank offers a wide range of preferential interest rates on your Time Deposit designed to meet your needs.

Promotions

Exclusive Foreign Currency (FCY) Time Deposit Promotion

From 4 October 2017 till 31 December 2017, earn potentially higher returns on Foreign Currency Time Deposit with minimum deposit amount starting from as low as SGD 10,000 equivalent.

Citibank offers Time Deposits in other foreign currencies depending on your financial objectives and risk appetite. Here's a list of returns on Foreign Currency Time Deposit.

Citi Priority or Citibanking Client

Currency 1 month (p.a.) 3 months (p.a.)
AUD 1.30% 1.50%
USD 0.80% 1.00%
NZD 1.50% 1.70%

Exclusive Investment Bundle with Local Currency Time Deposit Promotion

From 1 October 2017 till 31 December 2017, earn potentially higher returns on Local Currency Time Deposit with minimum investment amount starting from as low as SGD 25,000 equivalent.

Promotional Time Deposit Rate Minimum Time Deposit Placement Maximum Time Deposit Placement
Investment Bundle 2.5% p.a. for 3 month tenor SGD50,000 (Minimum Investment Amount: SGD25,000) Lower of 2 times the Investment placement amount OR SGD 5 million
Terms & Conditions (FCY)

Citibank Foreign Currency September 2017 Promotion Terms and Conditions

  1. "Promotion" refers to the 'Citibank Foreign Currency October 2017' Promotion.
  2. "Promotion Period" ends on 31 December 2017, and is subject to change without notice. Citigold & Citigold Private Client customers are excluded.

Citibank Foreign Currency Time Deposit Promotion

  1. A minimum deposit equivalent to SGD 10,000 is required Maximum deposit amount is SGD 1 million equivalent per customer. This promotion is applicable for new funds. New funds refer to a deposit of funds: (a) from outside Citibank and (b) which is incremental to the average daily balance of deposits for the month before the placement of the time deposit. For placement with existing funds, foreign exchange conversion for the full deposit amount is required for all currencies. For foreign exchange conversion, the source of funds has to be in a different currency type and accordingly foreign exchange conversion is required for the full deposit amount. A linked Citibank Checking or Savings Account is required for placement of Time Deposits. All rates offered are promotional rates and are subject to change at the bank's discretion without prior notice. The rates quoted above are applicable within the Promotion Period and is subject to change without notice.
  2. For pre-termination of the time deposit, Citibank reserves the right to charge a penalty fee, which will be deducted from the withdrawn amount. This may result in you receiving less than the principal amount in the currency of deposit, and you earning lesser or no interest. Foreign currency investments are subject to rate fluctuations which may provide both opportunities and risks and you may experience a gain or loss when you convert foreign currency back to your home currency. You should therefore determine whether any foreign currency investment is suitable for you in light of your investment objectives, financial means and risk profile.

General

  1. This promotion is not applicable with any other promotion.
  2. "Citibank" means Citibank Singapore Limited.
  3. Citibank's decision on all matters relating to the Citibank Foreign Currency October 2017 Promotion will be final and binding. Citibank reserves the right at its absolute discretion to terminate this Promotion or vary, delete or add to any of these terms and conditions from time to time without notice.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. For more information please refer to SDIC's website at www.sdic.org.sg.

As a Citibank banking customer, you can enjoy attractive interest rates and earn potentially higher returns in two simple ways:

Please call your Personal Banker or call our 24-Hour CitiPhone Hotline at +65 6225 5225.

  • New to Citibank?
  • Simply visit any of our branches to find out more about our rates!
  • Click here to locate our branches!

Disclaimers:Disclaimers:

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. For more information please refer to SDIC's website at www.sdic.org.sg.

For placement of Time Deposits, a Citibank Savings or Checking Account is required. For pre-termination of the SGD Time Deposits, Citibank reserves the right to charge a penalty fee, which will be deducted from the withdrawn amount. This may result in you earning lesser or no interest. For pre-termination of the Foreign Currency Time Deposits, Citibank reserves the right to charge a penalty fee, which will be deducted from the withdrawn amount. This may result in you receiving less than the principal amount in the currency of deposit, and you earning lesser or no interest. No pre-termination of the time deposit is allowed for CNH and ZAR currency.

Foreign currency investments are subject to rate fluctuations which may provide both opportunities and risks. You may experience a loss when you convert foreign currency back to your home currency. You should therefore determine whether any foreign currency investment is suitable for you in light of your investment objectives, financial means and risk profile.

By responding to this advertisement and providing your personal data, you consent to Citibank contacting you to market Citibank products and services including via the telephone.

Citibank full disclaimers, terms and conditions apply to individual products and banking services. For more details, please visit www.citibank.com.sg ©2017 Citibank. Citibank is a registered service mark of Citigroup Inc. Citibank Singapore Limited Co. Reg. No. 200309485K