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- Global Foreign Currency Account
Why Choose Global Foreign Currency Account?
- Access foreign currencies at Citibank ATMs overseas with no additional processing fee.
- Pay using your Citibank Debit Card at point-of-sale or online, at no additional currency conversion fee
- Convenient way to manage day-to-day transactional needs through Internet Banking, ATM, AVR and CitiPhone Banking.
Benefits of Global Foreign Currency Account
| Eligibility Criteria | Yes | Individuals aged 18 years old and above Individuals between 16 and 18 years old as secondary account holder |
| Currencies Available | Multiple | Australian Dollar, Canadian Dollar, Euro, Hong Kong Dollar, Japanese Yen, New Zealand Dollar, Sterling Pound, Swiss Franc, US dollar, UAE Dirham, South African Rand, Swedish Krona, Norwegian Krone and Danish Krone. |
| Checking facilities | Yes, only for USD |
First checkbook upon account opening will be issued upon request, at no charge. Subsequent checkbooks are issued upon request via Citibank Online. Free check imaging printed on monthly statements for easy monitoring and tracking |
| Online Banking | Yes | Pay Anyone online cheque payment service, direct transfer of funds between accounts |
| Phone Banking | Yes | CitiPhone Banking and Automated Voice Response |
| Citibank Debit Card | Yes | Free Citibank Debit Card with access to Citibank ATMs as well as merchants worldwide |
FAQs on Global Foreign Currency Account
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How to apply for a Citibank Global Foreign Currency Account?
To be eligible for a Citibank Global Foreign Currency Account, individuals must be 18 years old or above. However, individuals who are aged between 16 and 18 years can apply for a Citibank Global Foreign Currency Account as secondary account holders. To apply for a Citibank Global Foreign Currency Account, visit the official Citibank website ( https://www.citibank.com.sg/personal-banking/deposits/foreign-currency-account/global-currency-account/ ) and click on Apply Now. You will then have to fill in the required information – select the type of Citibank banking product and your personal details – and then click on Submit. Upon submission of the application form, you will be contacted by a Citibank representative to process your request.
What are the interest rates of Citibank Global Foreign Currency Account?
The interest rate of a Citibank Global Foreign Currency Account is 0% p.a. on the entire account balance. Read More.
How do I use the Citibank Global Foreign Currency Account?
Upon opening a Citibank Global Foreign Currency Account, you can log in to Citibank Online or Citi Mobile App with your credentials. You can then choose to either transfer your existing foreign currencies into the foreign currency account or convert SGD to the of foreign currency of your choice (at a competitive foreign exchange rates) and transfer the funds into the foreign currency account. You can then activate the Citibank Global Wallet feature which automatically links all your SGD and foreign currency accounts to your Citibank Debit Mastercard. You will also need to activate the overseas usage feature on your Citibank Debit Mastercard to start enjoying the Citibank Global Wallet feature.
Terms & Conditions:Terms & Conditions:
For Foreign Currency Cash deposit or withdrawal, please note that Citibank Singapore Limited only accept foreign currency notes denominated in AUD, EUR, GBP, HKD, JPY or USD only. Charges Apply. Please refer to the latest Pricing Guide for the detail charges.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 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.
The promotions, products and services mentioned in the referenced document are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. The referenced document is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the promotions, products and services mentioned therein to such individuals.
Citibank full disclaimers, terms and conditions apply to individual products and banking.