US$ Savings Account

More savings, greater earnings

Everything you need to know

Benefits of US$ Savings Account

Minimum Initial Deposit

Minimum Initial Deposit

Start saving with an initial amount of US$10,000

Grow your savings

Transactional Account

Manage US$ transactions conveniently

Grow your savings

Citibank Debit Mastercard®

Free cash withdrawals at Citibank ATMs, as well as access to merchants worldwide

Grow your savings

Access your account

The Citi Mobile® App, Citibank Online and Phone Banking services are available

Make transfers easily

Make transfers easily

Free Citibank Global Transfers

travel

Eligibility Criteria

• Individuals ages 16 years old and above

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Yes, you may open a USD Account if you are based in Singapore.

A USD account can be useful to you if you wish to have a specific account for your USD funds. Such an account will also help you cut currency exchange costs, easily exchange currencies to SGD at preferential rates, and limit international transaction fees.

To open a multi-currency or USD account in Singapore, you will have to meet the eligibility criteria as specified by the bank. You will also have to submit the required documents and necessary forms to get started.

Yes, foreigners can open a USD account in Singapore; however, they must meet certain requirements and submit all the necessary documents to the bank.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 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 visit www.sdic.org.sg.

Disclaimer

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 and Jersey, Monaco, San Marino, Vatican, The Isle of Man, the UK, Brazil, New Zealand, Jamaica, Ecuador or Sri Lanka. 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.

Important Investment Information

Investment products are: Not Bank Deposits. Not Bank Guaranteed. May Lose Value. Not Insured By Any Government Agency. Investment products are not available to U.S. Persons. This is only general product information provided by us and is not a contract of Insurance. The information provided must be read with, and subject to, all the terms and conditions and exclusions contained in the policy contract. Full details are stated in the policy contract. You should seek advice from a qualified adviser if in doubt. If you choose not to, you are responsible for ensuring that any insurance product you have applied for is suitable for you. All insurance applications are subject to the insurer's underwriting and acceptance. Insurance products are not bank deposits or obligations of or guaranteed by Citibank Singapore Limited, Citigroup Inc or any of their affiliates or subsidiaries. Buying a life insurance policy can be a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid. Insurance products are not eligible for deposit insurance coverage under the Deposit Insurance Scheme. They may be protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation ("SDIC"). For the list of insurance companies which are scheme members, please refer to this link - https://www.sdic.org.sg/pp_scheme_members.php. Coverage is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

Important Insurance Disclosures

The insurance plans are underwritten by AIA Singapore Private Limited (Reg. No. 201106386R) ("AIA") and distributed by Citibank Singapore Limited. All insurance applications are subject to AIA’s underwriting and acceptance. This is only general product information provided and is not a contract of insurance. The information provided must be read with, and is subject to, all the terms and conditions and exclusions contained in the policy contract. Protected up to specified limits by SDIC. Please refer to full disclosures applicable to relevant product(s) and/or service(s).

Citibank full disclaimers, terms and conditions apply to individual products and banking services.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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