Pricing Guide
Prime rate for Overdraft Facilities ( As of 23 Sept 2024)
Prime Rates | |
USD | 8.00% p.a |
SGD | 5.50% p.a |
Citibank Card | Basic | Supplementary | Fee Waiver* |
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Citi Cash Back+ Card | S$196.20 | S$98.10 | 1 year annual fee waiver for basic and all supplementary cards |
Citi Cash Back Card | S$196.20 | S$98.10 | 1 year annual fee waiver for basic and all supplementary cards |
Citibank Clear Card | S$30.52 | N.A | 1 year annual fee waiver |
Citibank Clear Platinum Card | S$163.50 | S$87.20 | 1 year annual fee waiver for basic and all supplementary cards |
Citibank Personal Business Gold Visa Card | S$163.50 | N.A. | 1 year annual fee waiver |
Citi Rewards Card | S$196.20 | S$98.10 | 1 year annual fee waiver for basic and all supplementary cards |
Citi PremierMiles Card | S$196.20 | Free | 1 year annual fee waiver for basic and perpetual fee waiver for all supplementary cards |
Citi Prestige Card | S$545.00 | Free | Strictly no Fee Waiver |
Citi Cash Back Platinum | S$163.50 | S$81.75 | - |
Citi Clear Classic Card | S$65.40 | N.A. | - |
Citi Gold Card | S$163.50 | S$87.20 | - |
Citi Platinum Card | S$163.50 | S$87.20 | - |
Citi Silver Card | S$65.40 | S$32.70 | - |
Citibank Partner Card | Basic | Supplementary | Fee Waiver* |
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Citi M1 Platinum Visa Card | S$196.20 | S$98.10 | 1 year annual fee waiver for basic and all supplementary cards |
Citi SMRT Platinum Visa Card | S$196.20 | S$98.10 | 2 year annual fee waiver for basic and all supplementary cards |
Citi M1 Blue Card | S$65.40 | S$32.70 | - |
Citi M1 Gold Card | S$163.50 | S$87.20 | - |
The overlimit amount is specified in your statement of account and refers to the balance (including any unbilled balances) in excess of your combined credit limit and must be paid immediately. The overlimit amount is in addition to the minimum payment amount.
The overlimit amount is specified in your statement of account and refers to the balance (including any unbilled balances) in excess of your credit limit and must be paid immediately. The overlimit amount is in addition to the minimum payment amount.
S$15 or 8% of amount withdrawn, whichever is greater.
The effective interest rate applicable on your account will be:
* An account is considered past due if the minimum payment due is not received in full before the payment due date.
** Cash Interest Rate refers to the interest rate applied on outstanding debit balances from Cash advance, Cash advance fee, Quasi-cash transactions, Outstanding Balances pursuant to the Balance Transfer Program after the expiry of the promotional Tenure, and interest charges resulting from such transactions. The retail interest rate refers to the interest rate applied on all other outstanding balances.
If payment is not made in full by the payment due date, interest charges will be calculated on a daily basis on all transactions in both the current statement as well as next month's statement from the transaction date until the date full payment is received.
Effective Interest Rate | 28% per annum |
If the interest accrued on the outstanding balance is less than S$3, a minimum of S$3 will be charged.
If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of S$100 will be levied.
If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of S$40 will be levied.
i. Card transactions (including online and overseas transactions) effected in US dollars will be converted into Singapore dollars. Card transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars, except for Australian dollars on Visa cards which will be converted into Singapore dollars directly. The conversion will take place on the date on which the transaction is received and recorded by us ("posting date"). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by Mastercard International or VISA depending on whether the conversion is done by us, Mastercard International or VISA.
ii. In addition, the card transaction will be subject to the following administrative fees on the converted Singapore dollar amount: an administrative fee of up to 3.25% if processed by Mastercard International or VISA or such other rate(s) as determined by us and notified to you.
i. If your card transaction (including online and overseas transactions) is converted into Singapore dollars via dynamic currency conversion (a service offered at certain ATMs and merchants which allows a cardmember to convert a transaction denominated in a foreign currency to Singapore Dollars at the point of withdrawal/sale), you acknowledge that the process of conversion and the exchange rates applied will be determined by the relevant ATM operator, merchant or dynamic currency conversion service provider, as the case may be. You acknowledge that we do not determine whether a card transaction will be converted into Singapore dollars via dynamic currency conversion and, where your card transaction is for a retail purchase, you may have to check with the relevant merchant whether such conversion was done.
ii. In addition, the card transaction will be subject to an administrative fee of 1% levied by Mastercard International/VISA on the converted Singapore dollar amount if it is a Mastercard International/VISA transaction;
If the Singapore Dollars card transaction (including online transactions) is effected:
i. with a local merchant whose payments are processed through an overseas intermediary; or
ii. with a merchant who is registered as an overseas merchant regardless of its actual location,
such card transaction will be subject to an administrative fee of 1% on the transaction amount if the card transaction is processed by Mastercard International/VISA.
This charge will be charged on card transactions including but not limited to any Mastercard or VISA retail card transaction presented in foreign currency that you choose to pay in Singapore Dollars at point-of-sale via dynamic currency conversion or any online Mastercard or VISA retail card transaction in Singapore Dollars which was processed outside Singapore. You may have to check with the relevant merchant whether such transaction was processed outside Singapore.
You are reminded to keep your Citibank credit card in a safe and secure place and not to disclose your PIN to any third party. If your credit card is lost, stolen or used by any third party or your PIN is disclosed to any third party, you should immediately notify Citibank. Your liability for unauthorized transactions on each credit card account is capped at $100 provided that Citibank is satisfied that you have (i) not been negligent, (ii) not acted fraudulently and (iii) immediately notified Citibank about the loss/theft/disclosure.
25 days from the date of the statement of account
The credit limit shown is your combined credit limit effective across all the personal basic and supplementary cards held by you including your personal business card if any.
S$40 will be charged on the card with highest balance on the statement billing date, if the total outstanding balance (including unbilled balance) of all credit card(s) exceeds customer’s combined credit limit on any day within the statement period.
The above does not apply to Citibank Business Card, Citibank Corporate Card, Citibank Purchasing Card and Citibank Travel Account.
Returned Check | S$25 |
Rejected Direct Debit Authorisation | S$25 |
Requests for copies of sales drafts and statements are subject to the following charges:
Charge per copy | |
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Sales Draft: | |
- current to 2 months | S$5 |
- more than 2 months to 1 year | S$15 |
Statement of Account: | |
- current to 2 months | Free |
- more than 2 months to 1 year | S$15 |
- more than 1 year to 5 years | S$30 |
- more than 5 years | S$100 |
Citi shall be entitled in Citi's reasonable discretion to apply and appropriate all payments received by Citi in such a manner or order of priority as Citi may deem fit, notwithstanding any specific appropriation of such sums by customer or any person making such payment.
Service fee of S$10.90 (inclusive of 9% GST) will be charged (on a per account basis) for each payment made to Citi Credit Card account(s) over the counter at Citibank Branches.
Citi Corporate Card | S$163.50 per card. |
Citi Business Card | S$163.50 per card. |
Citi Purchasing Card | S$30.56 per card. |
Citi Travel Account | S$30.56 per card. |
Citi Corporate Card (Sole Corporate Liability) | Full payment of the current balance is required by the payment due date. |
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Minimum Payment Amount Overlimit Amount The overlimit amount is specified in your statement of account and refers to the balance (including any unbilled balances) in excess of your credit limit and must be paid immediately. The overlimit amount is in addition to the minimum payment amount. |
Citi Purchasing Card and Citi Travel Account | Full payment of the current balance is required by the payment due date. |
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Cash advance fee per transaction is charged as follows: |
Citi Corporate Card (Sole Corporate Liability) | Cash advance fee per transaction is charged as follows: |
Citi Purchasing Card and Citi Travel Account are not eligible for Cash Advance.
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If payment of the current balance is not made in full by the payment due date, interest charges will be calculated on a daily basis at the retail interest rate* of 27.9% per annum and cash interest rate* of 27.9% per annum, on all transactions in both the current statement as well as next month's statement from the transaction date until the date full payment is received. Interest on the amounts shall accrue on a daily basis and shall be payable monthly, subject to a minimum interest charge of S$3.00 a month.
* Cash Interest Rate refers to the interest rate applied on outstanding debit balances from Cash advance, Cash advance fee, Quasi-cash transactions, Outstanding Balances pursuant to the Balance Transfer Program after the expiry of the promotional Tenure, and interest charges resulting from such transactions. The retail interest rate refers to the interest rate applied on all other outstanding balances. |
Citi Corporate Card (Sole Corporate Liability) | If payment of the current balance is not made in full by the payment due date, interest charges will be calculated on a daily basis at the retail interest rate* of 26.9% per annum and cash interest rate* of 26.9% per annum, on all transactions in both the current statement as well as next month's statement from the transaction date until the date full payment is received. Interest on the amounts shall accrue on a daily basis and shall be payable monthly, subject to a minimum interest charge of S$3.00 a month.
* Cash Interest Rate refers to the interest rate applied on outstanding debit balances from Cash advance, Cash advance fee, Quasi-cash transactions, Outstanding Balances pursuant to the Balance Transfer Program after the expiry of the promotional Tenure, and interest charges resulting from such transactions. The retail interest rate refers to the interest rate applied on all other outstanding balances. |
Citi Corporate Card and Citi Business Card | If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of S$100 will be levied. |
Citi Purchasing Card and Citi Travel Account | If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of 2% of the balance reflected in the previous month Master Statement of account plus a fixed rate of S$100 will be levied. |
i. Card transactions (including online and overseas transactions) effected in US dollars will be converted into Singapore dollars. Card transactions effected in foreign currencies other than US dollars will be converted to US dollars before being converted into Singapore dollars, except for Australian dollars on Visa cards which will be converted into Singapore dollars directly. The conversion will take place on the date on which the transaction is received and recorded by us ("posting date"). The currency conversion will be based on our prevailing foreign exchange rate or an exchange rate determined by Mastercard International or VISA depending on whether the conversion is done by us, Mastercard International or VISA.
ii. In addition, the card transaction will be subject to the following administrative fees on the converted Singapore dollar amount: an administrative fee of up to 3.25% if processed by Mastercard International or VISA or such other rate(s) as determined by us and notified to you.
i. If your card transaction (including online and overseas transactions) is converted into Singapore dollars via dynamic currency conversion (a service offered at certain ATMs and merchants which allows a cardmember to convert a transaction denominated in a foreign currency to Singapore Dollars at the point of withdrawal/sale), you acknowledge that the process of conversion and the exchange rates applied will be determined by the relevant ATM operator, merchant or dynamic currency conversion service provider, as the case may be. You acknowledge that we do not determine whether a card transaction will be converted into Singapore dollars via dynamic currency conversion and, where your card transaction is for a retail purchase, you may have to check with the relevant merchant whether such conversion was done.
ii. In addition, the card transaction will be subject to an administrative fee of 1% levied by Mastercard International/VISA on the converted Singapore dollar amount if it is a Mastercard International/VISA transaction;.
i. with a local merchant whose payments are processed through an overseas intermediary; or
ii. with a merchant who is registered as an overseas merchant regardless of its actual location, such card transaction will be subject to an administrative fee of 1% on the transaction amount if the card transaction is processed by Mastercard International or VISA.
These charges will be charged on card transactions including but not limited to any Mastercard or VISA retail card transaction presented in foreign currency that you choose to pay in Singapore Dollars at point-of-sale via dynamic currency conversion or any online Mastercard or VISA retail card transaction in Singapore Dollars which was processed outside Singapore. You may have to check with the relevant merchant whether such transaction was processed outside Singapore.
You are reminded to keep your Citi credit card in a safe and secure place and not to disclose your PIN to any third party. If your credit card is lost, stolen or used by any third party or your PIN is disclosed to any third party, you should immediately notify Citi. Your liability for unauthorized transactions on each credit card account is capped at S$100 provided that Citi is satisfied that you have (i) not been negligent, (ii) not acted fraudulently and (iii) immediately notified Citi about the loss/theft/disclosure.
Citi Corporate Card (Sole Corporate Liability) | 28 days from the date of the statement of account. |
Citi Corporate Card (Joint & Several Liability, Cardmember Liability and Personal Liability) and Citi Business Card |
25 days from the date of the statement of account |
Citi Purchasing Card and Citi Travel Account | 21 days from the date of the statement of account |
Citi Corporate Card (Sole Corporate Liability and Joint & Several Liability) | The credit limit of the employee nominated to receive the Corporate Card will be determined by the Company, subject to the Bank's approval. |
Citi Corporate Card (Cardmember Liability and Personal Liability) | The credit limit of the employee nominated to receive the Corporate Card will be determined by the employee's monthly income, subject to the Bank's approval. |
Citi Business Card | The employee's credit limit will be based on the boss's credit limit. |
Citi Purchasing Card and Citi Travel Account | The credit limit of the product will be determined by the Company, subject to the Bank's approval. |
Citi Corporate Card (Sole Corporate Liability, Joint & Several Liability, Cardmember Liability and Personal Liability) |
Returned Check: S$25.00 Rejected Direct Debit Authorisation: S$25.00 |
Citi Business Card | |
Citi Purchasing Card | |
Citi Travel Account |
Citi Corporate Card (Sole Corporate Liability, Joint & Several Liability, Cardmember Liability and Personal Liability) | Requests for copies of sales drafts and statements are subject to the following charges:
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Citi Business Card | |||||||||||||||
Citi Purchasing Card | |||||||||||||||
Citi Travel Account |
Citi shall be entitled in Citi's reasonable discretion to apply and appropriate all payments received by Citi in such a manner or order of priority as Citi may deem fit, notwithstanding any specific appropriation of such sums by customer or any person making such payment.
Service fee of S$10.90 (inclusive of 9% GST) will be charged (on a per account basis) for each payment made to Citi Credit Card account(s) over the counter at Citibank Branches.
USD International Card | US$163.50 (Basic) US$87.20 (Basic) |
Account Payment | You may pay your Card Account in the following ways:
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Minimum Payment | Accounts that are not over the credit limit: US$50 or 1% of the current balance plus interest charges (including interest/service charges for any recurring/instalment payments) plus late payment charge plus any overdue amounts; whichever is greater. If the current balance is less than US$50, the minimum payment amount shall be equivalent to the current balance. Accounts that are over the credit limit: US$50 or 1% of the current balance plus interest charges (including interest/service charges for any recurring/instalment payments) plus late payment charge plus any overdue amounts plus the amount in excess of the combined credit limit; whichever is greater. If the current balance is less than US$50, the minimum payment amount shall be equivalent to the current balance. |
Interest-free Grace Period | You have an interest-free, grace period of 20 days between the Statement Date and the Payment Due Date to make your payment. |
Charges |
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Transactions in Currencies Other Than United States Dollars | Card transactions effected in currencies other than United States dollars will be debited to your card account after conversion into United States dollars at an exchange rate determined by VISA. The conversion will take place on the date on which the transaction is posted to your card account and the exchange rate applied to the conversion is determined by VISA on such date. Accordingly, the exchange rate applied may be different from the rates which are in effect on the date on which such transaction is made. All transactions in foreign currency are subject to an administrative fee of 2%, or such other rate as determined by us and notified to you. |
Liability For Unauthorized Transactions | You are reminded to keep your Citibank credit card in a safe and secure place and not to disclose your PIN to any third party. If your credit card is lost, stolen or used by any third party or your PIN is disclosed to any third party, you should immediately notify Citibank. Your liability for unauthorized transactions on each credit card account is capped at US$100 provided that Citibank is satisfied that you have (i) not been negligent, (ii) not acted fraudulently and (iii) immediately notified Citibank about the loss/theft/disclosure. |
Citi shall be entitled in Citi's reasonable discretion to apply and appropriate all payments received by Citi in such a manner or order of priority as Citi may deem fit, notwithstanding any specific appropriation of such sums by customer or any person making such payment.
The above pricing information guide is not intended to provide exhaustive information. You should refer to the applicable Cardmember's Agreement for the full terms and conditions.
S$120
Daily interest is calculated by multiplying the effective interest rate per annum by daily outstanding debit balance over 365 days in a year. There is a minimum interest charge of $5 if you have any outstanding debit balance. Unless otherwise reflected in your statement or communicated by Citibank to you, the effective interest rate applicable on your account will be:
*An account is considered past due if the minimum payment due is not received in full before the payment due date.
If the current balance on your Citi Ready Credit (“CRC”) account, including minimum payment due under any Citibank instalment loan programs (“CRC Outstanding Balance”) is less than S$50, the minimum payment amount shall be equivalent to the current CRC Outstanding Balance.
If the CRC Outstanding Balance is more than or equal to S$50, the minimum payment shall be the higher of:
Any CRC Outstanding Balance due and unpaid in respect of earlier CRC statements shall be added to the minimum payment due and payable under any current CRC statement.
The overlimit amount is specified in your statement of account and refers to the balance(including any unbilled balances) in excess of your credit limit and must be paid immediately. The overlimit amount is payable in addition to the minimum payment due on your CRC Outstanding Amount.
If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of S$120 will be levied.
If the current balance on your account exceeds your credit limit, an overlimit fee of S$40 shall be charged to your account.
S$30 per cheque
S$30 per cheque
Citi shall be entitled in Citi's reasonable discretion to apply and appropriate all payments received by Citi in such a manner or order of priority as Citi may deem fit, notwithstanding any specific appropriation of such sums by customer or any person making such payment.
Service fee of S$10.90 (inclusive of 9% GST) is charged (on a per account basis) for each payment made to Citi Credit Card account(s) over the counter at Citibank Branches.
In line with Singapore's Smart Nation initiative to enable more efficient and secure e-payment methods, Citibank will commence to charge customers who issue SGD-denominated cheques a processing fee. This will take effect from 1 November 2023.
The processing fee will be payable by Citibank Ready Credit/Power Cash/Ready Credit SmartCash/UltraCash customers who issue SGD-denominated cheques from their Citibank Ready Credit/Power Cash/Ready Credit SmartCash/UltraCash accounts.
Customers who deposit a cheque into a Citibank account will not be charged. However, the bank reserves the right to review and revise the fee structure in the future.
For Citibank Consumer Banking customers, you may refer to the Important Announcement section or the Citibank Pricing Guide on the Citibank Singapore website (https://www.citibank.com.sg/gcb/static/banking_info.htm?lid=SGENCBGGNFOTLBANKINGINFORMATION). Alternatively, you may also refer to your September 2023 Banking Statement.
For Citibank Ready Credit/Power Cash/ Ready Credit SmartCash/UltraCash customers, you may refer to Citibank Ready Credit under Banking Information > Banking Fees & Rates available on Citibank Singapore website (refer to link above).
At the moment, Citibank is only charging a processing fee to customers who issue SGD-denominated cheques. However, the bank reserves the right to review and revise the fee structure in the future.
The bank is offering a rebate on cheque processing fees incurred by customers aged 60 years and above who issue cheques denominated in SGD until end-2025. This rebate is not available to customers aged below 60 years. To set up your Internet banking access, you may refer to this link for a guide (https://www1.citibank.com.sg/personal-banking/online-services/mobile-banking/citi-mobile-app). If further assistance is required, you may call CitiPhone at 6225 5225 from 8am to 8pm.
With your Citibank Online Banking account, you can transfer funds or make payments securely via Citibank Online or via our Citi Mobile® App. Our payment and transfer functions include PayNow, Local and Overseas transfers, Cards and Bill payments and more.
If you do not have an existing Citibank Online Banking account, you can download the Citi Mobile® App and click on ‘New? Get started’ OR visit www.citibank.com.sg and click on ‘First Time User’ at the left side of the page to register. Refer to this link for more information. For further assistance, you may contact CitiPhone at 6225 5225 from 8am to 8pm.
You may also visit the branch to perform an over-the-counter alternative payment transfer.
Yes, there are other charges associated with the use of cheques. For Citibank Consumer Banking customers, you may refer to Citibank Pricing Guide (https://www.citibank.com.sg/gcb/static/banking_info.htm?lid=SGENCBGGNFOTLBANKINGINFORMATION) available on Citibank Singapore website.
For Citibank Ready Credit/Power Cash/ Ready Credit SmartCash/UltraCash customers, you may refer to Citibank Ready Credit under Banking Information > Banking Fees & Rates available on Citibank Singapore website (refer to link above). For cheques drawn on your Citibank Ready Credit Account/Power Cash/Ready Credit SmartCash/UltraCash Account, do note that the cheque processing fee is subject to daily interest at the prevailing interest rate of your Citibank Ready Credit/Power Cash/ Ready Credit SmartCash/UltraCash Account. The prevailing interest rate can be found at the back of your monthly statement of account.
S$90
Daily interest is calculated by multiplying the effective interest rate per annum by daily outstanding debit balance over 365 days in a year. There is a minimum interest charge of $5 if you have any outstanding debit balance. The effective interest rate applicable on your account will be the prevailing product interest rate of 1.746% per month (20.95% per annum).
If the current balance on your Citi Ready Credit SmartCash (“CRCS”) account, including minimum payment due under any Citibank instalment loan programs (“CRCS Outstanding Balance”) is less than S$50, the minimum payment amount shall be equivalent to the current CRCS Outstanding Balance.
If the CRCS Outstanding Balance is more than or equal to S$50, the minimum payment shall be the higher of:
Any CRCS Outstanding Balance due and unpaid in respect of earlier CRCS statements shall be added to the minimum payment due and payable under any current CRCS statement.
The overlimit amount is specified in your statement of account and refers to the balance(including any unbilled balances) in excess of your credit limit and must be paid immediately. The overlimit amount is payable in addition to the minimum payment due on your CRCS Outstanding Amount.
If the Minimum Payment Due is not received on or before the Payment Due Date, a Late Payment Charge of S$60 will be levied.
If the current balance on your account exceeds your credit limit, an overlimit fee of S$40 shall be charged to your account.
S$30 per cheque
S$30 per cheque
Citi shall be entitled in Citi's reasonable discretion to apply and appropriate all payments received by Citi in such a manner or order of priority as Citi may deem fit, notwithstanding any specific appropriation of such sums by customer or any person making such payment.
Service fee of S$10.90 (inclusive of 9% GST) is charged (on a per account basis) for each payment made to Citi Credit Card account(s) over the counter at Citibank Branches.
In line with Singapore's Smart Nation initiative to enable more efficient and secure e-payment methods, Citibank will commence to charge customers who issue SGD-denominated cheques a processing fee. This will take effect from 1 November 2023.
The processing fee will be payable by Citibank Ready Credit SmartCash customers who issue SGD-denominated cheques from their Citibank Ready Credit SmartCash accounts.
Customers who deposit a cheque into a Citibank account will not be charged. However, the bank reserves the right to review and revise the fee structure in the future.
For Citibank Consumer Banking customers, you may refer to the Important Announcement section or the Citibank Pricing Guide on the Citibank Singapore website (https://www.citibank.com.sg/gcb/static/banking_info.htm?lid=SGENCBGGNFOTLBANKINGINFORMATION). Alternatively, you may also refer to your September 2023 Banking Statement.
For Citibank Ready Credit SmartCash customers, you may refer to Citibank Ready Credit SmartCash under Banking Information > Banking Fees & Rates available on Citibank Singapore website (refer to link above).
The bank is currently offering a rebate on cheque processing fees incurred by customers aged 60 years and above who issue cheques denominated in SGD. This rebate is not available to customers aged below 60 years. To set up your Internet banking access, you may refer to this link for a guide (https://www1.citibank.com.sg/personal-banking/online-services/mobile-banking/citi-mobile-app). If further assistance is required, you may call CitiPhone at 6225 5225 from 8am to 8pm.
With your Citibank Online Banking account, you can transfer funds or make payments securely via Citibank Online or via our Citi Mobile® App. Our payment and transfer functions include PayNow, Local and Overseas transfers, Cards and Bill payments and more.
If you do not have an existing Citibank Online Banking account, you can download the Citi Mobile® App and click on ‘New? Get started’ OR visit www.citibank.com.sg and click on ‘First Time User’ at the left side of the page to register. Refer to this link for more information. For further assistance, you may contact CitiPhone at 6225 5225 from 8am to 8pm.
Yes, there are other charges associated with the use of cheques. For Citibank Consumer Banking customers, you may refer to Citibank Pricing Guide (https://www.citibank.com.sg/gcb/static/banking_info.htm?lid=SGENCBGGNFOTLBANKINGINFORMATION) available on Citibank Singapore website.
For Citibank Ready Credit SmartCash customers, you may refer to Citibank Ready Credit SmartCash under Banking Information > Banking Fees & Rates available on Citibank Singapore website (refer to link above). For cheques drawn on your Citibank Ready Credit SmartCash Account, do note that the cheque processing fee is subject to daily interest at the prevailing interest rate of your Citibank Ready Credit SmartCash Account. The prevailing interest rate can be found at the back of your monthly statement of account.
Prime rate for Overdraft Facilities ( As of 23 Sept 2024)
Prime Rates | |
USD | 8.00% p.a |
SGD | 5.50% p.a |
Savings Accounts are available in 11 currencies and let you earn a competitive daily interest that is credited monthly to your account.
Minimum initial deposit: | Personal | Business |
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AED, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, USD | US$5,000 (or equivalent) |
N.A. |
SGD | S$5,000 | N.A. |
Checking Accounts are available in 15 currencies. Personalized checkbook is available for SGD and USD Checking Accounts, and we also provide you with a monthly statement showing all cleared checks.
Minimum initial deposit: | Personal | Business |
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US Dollar Checking Account | US$5,000 | US$30,000 |
Singapore Dollar Checking Account | S$5,000 | S$30,000 |
Other Foreign Currency Checking Accounts: AED, AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, ZAR |
US$5,000 (or equivalent) |
US$30,000 (or equivalent) |
USD Interest Checking Account pays daily interest. You can choose between a $ check cleared via Singapore (for $ payments in Singapore) or check clearance via Guam (a US Territory) or both.
Minimum initial deposit: | Personal | Business |
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Minimum balance to earn interest 0% p.a. interest rate is applied on the account balance. |
US$5,000 | US$20,000 |
MaxiSave Account, which pays daily interest, combines savings and checking facilities in a single account.
Minimum initial deposit: | Personal | Business |
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0.01% p.a. on the entire account balance. | $5,000 | $100,000 (for non-profit organizations only) |
Deposits via: | |
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a) Foreign currency notes | |
Involving foreign exchange | Based on Citibank's prevailing exchange rate |
Not involving foreign exchange | 1% commission in-lieu-of exchange (minimum $10) |
b) Telegraphic transfers | |
$ or S$ | No charge and immediate value given |
Other currencies | No charge and subject to spot value |
Third party and other charges which may be applicable to inward remittances, will be passed along at net without mark-up or commission. To ensure that the inward remittance amount received at Citibank is exactly your intended deposit amount, please inform your remitting bank to "Pay the Beneficiary in full". | |
c) Travellers Checks (TCs) Other banks' TCs including those with Citibank private label |
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Involving foreign exchange | $20 per transaction |
Not involving foreign exchange | $20 per transaction and subject to a hold period prior to establishment of deposit |
d) S$ checks drawn on banks in Singapore |
No charge and immediate value given |
e) $ checks drawn on banks in Singapore | |
For participating banks in the MAS $ clearing system | S$ Transaction Accounts: Converted at drawee bank's buying rate and immediate value given.Foreign Currency Transaction Accounts: $5 per check with 3 business days clearance |
For non-participating banks | S$ Transaction Accounts: Converted at drawee bank's buying rate and immediate value given.Foreign Currency Transaction Accounts: Checks will be sent to the drawee bank in exchange for sight drafts. Upon receipt of sight drafts, there will be a 7-day hold period prior to establishment of deposit. |
f) Checks drawn on banks outside their domicile country3 | Checks will be sent for collection prior to establishment of deposit. Collection charges will apply. |
Involving foreign exchange | Collection charges: 1/8% commission (minimum $100) plus postage cost (where applicable) |
Not involving foreign exchange | Collection charges: 3/8% commission (minimum $200) plus postage cost (where applicable) |
g) Other foreign currency checks drawn on country of currency3 e.g. $ checks drawn in USA |
$5 per check and subject to a hold period prior to establishment of deposit |
Withdrawals via: | |
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a) Foreign currency notes2 | |
Involving foreign exchange | Based on Citibank's prevailing exchange rate |
Not involving foreign exchange | 1% commission in-lieu-of exchange (minimum $10) |
b) Telegraphic transfers | |
Involving foreign exchange | 1/8% commission (minimum $20) plus postage or cable cost (where applicable) |
Not involving foreign exchange | 1/8% commission (minimum $20) plus 1/8% in-lieu-of exchange (minimum $10) and postage or cable cost (where applicable) |
c) Travellers Checks (TCs) | |
Involving foreign exchange | 1% commission (minimum $20) |
Not involving foreign exchange | 1% commission (minimum $20), plus 1/8% in-lieu-of exchange (minimum $10) |
d) Cashier's Order in Singapore Dollars | |
Same party as account holder | $10 per check plus postage (where applicable) |
Third party | $10 per check plus postage (where applicable) |
e) Cashier's Order in US Dollars | |
Involving foreign exchange | 1/8% commission (minimum $20) and postage cost (where applicable) |
Not involving foreign exchange | 1/8% commission (minimum $20) plus 1/8% in-lieu-of exchange (minimum $10) and postage cost (where applicable) |
f) SHIFT Local Electronic Funds Transfer (in S$) | $20 per transaction |
Other Fees & Charges | |
a) Stop payment for checks | |
Singapore Dollar Account | $30 per check |
US Dollar Account | $30 per check |
b) Returned check | |
Singapore Dollar Account | $30 per check for all return reasons |
US Dollar Account | $30 per check for all return reasons |
c) Marked checks | |
Marked through clearing | $20 per check |
Direct marking | $30 per check plus transport cost |
d) Checkbook replenishment | Free |
e) ATM transactions (local & overseas) | Free. No charge from Citibank Singapore but local and overseas ATM charges may apply |
f) Check Processing Fee | |
SGD-denominated check | S$3 per issued check |
USD-denominated check | US$3 per issued check |
Refer here for Cheque Processing Cost FAQ.
Please note that the minimum account balance requirement for a Citibank account is at US$200,000 and there is a monthly service fee of US$50 if the total relationship balance (TRB)[1] is less than or falls below US$200,000.
[1] ‘Total Relationship Balance’ (TRB) is calculated at customer level.
It is the sum of:
(i) the average daily balance of your checking, savings and deposit accounts,
(ii) the average daily value of your investments, and
(iii) all outstanding amount(s) payable on your secured loan accounts as of the date of your last statement
There is a wide range of currencies to choose from with tenures from 1 week to 12 months. Interest rates paid vary according to the tenure and amount deposited. With just one call to our 24-Hour CitiPhone Banking and the use of your Customer Identification Number (CIN) and Telephone Personal Identification Number (TPIN), you can switch tenures or currencies of your time deposits at your convenience.
Available in:
Minimum initial deposit $50,000 or equivalent
Minimum initial deposit $5,000 or equivalent (Online)
Deposits via: | |
---|---|
a) Foreign currency notes | |
Involving foreign exchange | Based on Citibank's prevailing exchange rate |
Not involving foreign exchange | 1% commission in-lieu-of exchange (minimum $10) |
b) Telegraphic transfers | |
$ or S$ | No charge and immediate value given |
Other currencies | No charge and subject to spot value |
Third party and other charges which may be applicable to inward remittances, will be passed along at net without mark-up or commission. To ensure that the inward remittance amount received at Citibank is exactly your intended deposit amount, please inform your remitting bank to "Pay the Beneficiary in full". | |
c) Travellers Checks (TCs) Other banks' TCs including those with Citibank private label |
|
Involving foreign exchange | $20 per transaction |
Not involving foreign exchange | $20 per transaction and subject to a hold period prior to establishment of deposit |
d) S$ checks drawn on banks in Singapore |
No charge and immediate value given |
e) $ checks drawn on banks in Singapore | |
For participating banks in the MAS $ clearing system | $5 per check with 3 business days clearance |
For non-participating banks | Checks will be sent to the drawee bank in exchange for sight drafts. Upon receipt of sight drafts, there will be a 7-day hold period prior to establishment of deposit |
f) Checks drawn on banks outside their domicile country3 | Checks will be sent for collection prior to establishment of deposit. Collection charges will apply. |
Involving foreign exchange | Collection charges: 1/8% commission (minimum $100) plus postage cost (where applicable) |
Not involving foreign exchange | Collection charges: 3/8% commission (minimum $200) plus postage cost (where applicable) |
g) Other foreign currency checks drawn on country of currency3 e.g. $ checks drawn in USA |
No charge but subject to a hold period prior to establishment of deposit |
Withdrawals via: | |
---|---|
a) Foreign currency notes2 | |
Involving foreign exchange | Based on Citibank's prevailing exchange rate |
Not involving foreign exchange2 | 1% commission in-lieu-of exchange (minimum $10) |
b) Telegraphic transfers | |
Involving foreign exchange | 1/8% commission (minimum $20) plus postage or cable cost (where applicable) |
Not involving foreign exchange | 1/8% commission (minimum $20) plus 1/8% in-lieu-of exchange (minimum $10) and postage or cable cost (where applicable) |
c) Travellers Checks (TCs) | |
Involving foreign exchange | 1% commission (minimum $20) |
Not involving foreign exchange | 1% commission (minimum $20), plus 1/8% in-lieu-of exchange (minimum $10) |
e) Cashier's Order in Singapore Dollars | |
Same party as account holder | No charge but postage cost (where applicable). Commission waived for first transaction only. |
Third party | $10 per check plus postage (where applicable) |
f) Cashier's Order in US Dollars | |
Same party as account holder | No charge but postage cost (where applicable). Commission waived for first transaction only. |
Third party | 1/8% commission (minimum $20) and postage cost (where applicable) |
g) SHIFT Local Electronic Funds Transfer (in S$) | $20 per transaction |
CashPlus Withdrawals (Foreign Currency Overnight Deposits) | |
---|---|
a) Telegraphic Transfers or Travellers Checks | |
Involving foreign exchange | 1/8% commission (minimum $20) plus postage or cable cost (where applicable) |
Not involving foreign exchange | 1/8% commission (minimum $20) plus 1/8% in-lieu-of exchange (minimum $10) and postage or cable cost (where applicable) |
Our Singapore Dollar Time Deposit offers tenures of 1, 3, 6, 9, 12, 18 months and longer. Interest rates paid vary according to the tenure and amount deposited. Renewal or changing of tenures can simply be done through our 24-Hour CitiPhone Banking. You can also save time and effort with our automatic rollover feature, which ensures that your money is reinvested everytime it matures. This means maximum returns.
Minimum initial deposit $50,000 or equivalent
Deposits via: | |
---|---|
a) Foreign currency notes | Based on Citibank's prevailing exchange rate |
b) Telegraphic transfers | |
$ or S$ | No charge and immediate value given |
Other currencies | No charge and subject to spot value |
Third party and other charges which may be applicable to inward remittances, will be passed along at net without mark-up or commission. To ensure that the inward remittance amount received at Citibank is exactly your intended deposit amount, please inform your remitting bank to "Pay the Beneficiary in full". | |
c) Travellers Checks (TCs) | |
Other banks' TCs including Citibank private label involving foreign exchange | $20 per transaction and subject to a hold period prior to establishment of deposit |
d) S$ checks drawn on banksin Singapore | No charge and immediate value given |
e) $ checks drawn on banks in Singapore | Converted at drawee bank's buying rate and immediate value given |
f) Checks drawn on banks outside their domicile country3 | Checks will be sent for collection prior to establishment of deposit. Collection charges will apply |
Involving foreign exchange | Collection charges: 1/8% commission (minimum $100) plus postage cost (where applicable) |
Not involving foreign exchange | Collection charges: 3/8% commission (minimum $200) plus postage cost (where applicable) |
g) Other foreign currency checks drawn on country of currency3 e.g. $ checks drawn in USA | No charge but subject to a hold period prior to establishment of deposit |
Withdrawals via: | |
---|---|
a) Foreign currency notes2 | Based on Citibank's prevailing exchange rate |
b) Telegraphic transfers | |
Same party as account holder | No charge but postage or cable cost (where applicable) |
Third party | 1/8% commission (minimum $20) plus postage or cable cost (where applicable) |
c) Travellers Checks (TCs) | 1% commission (minimum $20) |
d) Cashier's Order in Singapore Dollars | |
Same party as account holder | No charge but postage cost (where applicable). Commission waived for first transaction only. |
Third party | $10 per check plus postage (where applicable) |
e) Cashier's Order in US Dollars | |
Same party as account holder | No charge but postage cost (where applicable). Commission waived for first transaction only. |
Third party | 1/8% commission (minimum $20) and postage cost (where applicable) |
f) SHIFT Local Electronic Funds Transfer (in S$) | $20 per transaction |
Please note that the minimum account balance requirement for a Citibank account is at US$200,000 and there is a monthly service fee of US$50 if the total relationship balance (TRB)[1] is less than or falls below US$200,000.
[1] ‘Total Relationship Balance’ (TRB) is calculated at customer level.
It is the sum of:
(i) the average daily balance of your checking, savings and deposit accounts,
(ii) the average daily value of your investments, and
(iii) all outstanding amount(s) payable on your secured loan accounts as of the date of your last statement
The following rates are applicable to both buy and sell transactions for clients, unless otherwise specified.
Citibank Brokerage U.S. Market | |||||||
Securities Trading in USD | Internet / Mobile Rates | Phone Rates | |||||
Client Segment | CPC | Citigold | Citibanking | CPC | Citigold | Citibanking | |
Min Commission (Per Contract) |
USD 18 | USD 18 | USD 25 | USD 49 | USD 49 | USD 49 | |
Commission Rate (Per Contract) |
0.12% | 0.15% | 0.30% | 0.50% | 0.50% | 0.50% | |
Custodian Fees | 0% | 0.015% ( No cap) |
0.0165% (No cap) |
0% | 0.015% ( No cap) |
0.0165% (No cap) |
|
Transfer Fee In/Out | USD 0 | ||||||
SEC Fees for Sell Trades | 0.00278% of trade amount |
Custodian Fees are payable every 6 months on your monthly average stockholding. Inclusive of GST where applicable.
Prevailing Goods & Services Tax (GST) of 9%^ applies to the brokerage rates.
^With effect from January 1 2024, the prevailing Goods & Services Tax (GST) will be increased from 8% to 9%.
* A fee of USD75 will be charged for transfer in of securities held under the Direct Registration System (DRS).
Citibank Brokerage Hong Kong Market | ||||||||
Securities Trading in HKD | Internet / Mobile Rates | Phone Rates | ||||||
Client Segment | CPC | Citigold | Citibanking | CPC | Citigold | Citibanking | ||
Min Commission (Per Contract) |
HKD 80 | HKD 80 | HKD 120 | HKD 180 | HKD 180 | HKD 180 | ||
Commission Rate (Per Contract) |
Below HKD 300,000 |
0.12% | 0.15% | 0.30% | 0.50% | 0.50% | 0.50% | |
HKD 300,000 and above |
0.20% | |||||||
Custodian Fees | 0% | 0.015% ( No cap) |
0.0165% (No cap) |
0% | 0.015% ( No cap) |
0.0165% (No cap) |
||
FRC transaction levy (effective January 1 2022) | 0.00015% (rounded to the nearest cent) | |||||||
Transfer Fee In/Out | HKD 0 | |||||||
Scrip conversion | HKD 380 | |||||||
Stamp duty | 0.10% | |||||||
Transaction levy | 0.0027% | |||||||
Trading levy* | 0.00565% |
*With effect from January 1 2023, the trading levy imposed by the Stock Exchange of Hong Kong will be increased from 0.005% to 0.00565%.
Custodian Fees are payable every 6 months on your monthly average stockholding. Inclusive of GST where applicable.
Citibank Brokerage Singapore Market | |||||||
Securities Trading in SGD | Internet / Mobile Rates | Phone Rates | |||||
Client Segment | CPC | Citigold | Citibanking | CPC | Citigold | Citibanking | |
SGD Min Commission (Per Contract ) |
SGD 21 | SGD 21 | SGD 28 | SGD 50 | SGD 50 | SGD 50 | |
Commission Rate (Per Contract) |
Below SGD 50,000 | 0.12% | 0.15% | 0.25% | 0.50% | 0.50% | 0.50% |
SGD 50,000- SGD100,000 |
0.20% | ||||||
SGD 100,000 and above |
0.18% | 0.40% | 0.40% | 0.40% | |||
Custodian Fees | 0% | 0.015% ( No cap) |
0.0165% (No cap) |
0% | 0.015% ( No cap) |
0.0165% (No cap) |
Custodian Fees are payable every 6 months on your monthly average stockholding. Inclusive of GST where applicable.
Citibank Brokerage Hong Kong Market | |||||||
Securities Trading in HKD | Internet / Mobile Rates | Phone Rates | |||||
Client Segment | CPC | Citigold | Citibanking | CPC | Citigold | Citibanking | |
HKD Min Commission (Per Contract ) |
HKD 80 | HKD 80 | HKD 200 | HKD 280 | HKD 280 | HKD 280 | |
Commission Rate (Per Contract) |
Below HKD 250,000 | 0.12% | 0.15% | 0.25% | 0.50% | 0.50% | 0.50% |
HKD 250,000- HKD 500,000 |
0.20% | ||||||
HKD 500,000 and above |
0.18% | 0.40% | 0.40% | 0.40% | |||
Custodian Fees | 0% | 0.015% ( No cap) |
0.0165% (No cap) |
0% | 0.015% ( No cap) |
0.0165% (No cap) |
Custodian Fees are payable every 6 months on your monthly average stockholding. Inclusive of GST where applicable.
Citibank Brokerage Singapore Market | |||||||
Securities Trading in USD | Internet / Mobile Rates | Phone Rates | |||||
Client Segment | CPC | Citigold | Citibanking | CPC | Citigold | Citibanking | |
USD Min Commission (Per Contract) |
USD 18 | USD 18 | USD 28 | USD 38 | USD 38 | USD 38 | |
Commission Rate (Per Contract) |
Below USD 30,000 | 0.12% | 0.15% | 0.25% | 0.50% | 0.50% | 0.50% |
USD 30,000 to USD 60,000 |
0.20% | ||||||
Above USD 60,000 | 0.18% | 0.40% | 0.40% | 0.40% | |||
Custodian Fees | 0% | 0.015% ( No cap) |
0.0165% (No cap) |
0% | 0.015% ( No cap) |
0.0165% (No cap) |
Custodian Fees are payable every 6 months on your monthly average stockholding. Inclusive of GST where applicable.
Travellers checks are available in U.S. Dollar and the Euro.
Travellers Checks (TCs) | |
---|---|
Encashment: | |
a) Involving foreign exchange | |
Other banks' TCs including those with Citibank private label | $20 per transaction |
b) Not involving foreign exchange | |
Other banks' TCs including those with Citibank private label | 1% commission (minimum $10)in-lieu-of exchange, plus $20 per transaction |
Collection Inward / Outward Bill | |
---|---|
Clean: | |
Commission | 1/8% on check amount (minimum $50) |
Commission in-lieu-of exchange | 1/4% on check amount (minimum $50) |
Documentary: | |
Commission | 1/8% on bill amount (minimum $150) |
Commission in-lieu-of exchange | 1/4% on bill amount (minimum $100) |
Export Bill For Negotiation: | |
Commission | 1/8% on bill amount (minimum $100) |
Commission in-lieu-of exchange | 1/4% on bill amount (minimum $100) |
Online Remittances | ||
---|---|---|
Citigold / Citigold Private Client | Involving foreign exchange | Waived |
Not involving foreign exchange | ||
Citibanking | Involving foreign exchange | |
Not involving foreign exchange |
Offline Remittances | |
---|---|
Telegraphic Transfers for Standing Instructions | |
From Time Deposits | $10 commission plus 1/8% (minimum $20) plus postage or cable cost. $10 commission is waived if total charges exceed $30 |
From Transaction Accounts | |
Involving foreign exchange | 1/8% (minimum $20) plus postage or cable cost |
Not involving foreign exchange | 1/8% (minimum $20) plus 1/8% in-lieu-of exchange (minimum $10) plus postage or cable cost |
Inward Remittances: | |
Handling fee | |
For account holders | Free |
For non-account holders | 1/8% commission (minimum $50) |
For withdrawals in foreign currency notes not involving foreign exchange, an additional 1% commission (minimum $10) will apply. | |
Common Charges: | |
Cable cost | $30 ( Citigold Private Client customer enjoys 2 monthly wavier) |
Postage (Documents) | $2.20 for local registered mail, $10 for overseas registered mail |
Courier costs | At UPS cost |
Stop Payment | $20 per transaction for S$ checks, plus cable cost (where applicable) $20 per transaction for $ checks, plus cable cost (where applicable) |
Tracers for investigation | $30 |
Third party and other charges which may be applicable to inward or outward remittances will be passed along at net, without markup or commission. For inward remittances, to ensure that the inward remittance amount received at Citibank is exactly your intended deposit amount, please inform your remitting bank to "Pay the Beneficiary in full". |
Commercial Letters of Credit (LCs) | |
---|---|
Import Letters of Credit: | |
LC opening | 1/8% commission per month (minimum 1/4% or S$1004) |
Transferable LC opening | 1/8% commission per month (minimum 1/4% or S$1504) |
Commission in-lieu-of exchange | 1/4% on bill amount (minimum $100) |
Amendments | |
Increase in amount | 1/8% commission per month (minimum S$1005) |
Extension of expiry date | 1/8% commission (minimum S$505) |
Other charges | $100 flat plus telex cost5 |
Cable charges | $150 per page for full text transmission of LC, $75 flat for brief cable |
Shipping Guarantee | 1/8% commission per month (minimum $50) |
Export Letters of Credit | |
Advising commission | $60 per item (for account holders) |
Confirming commission | 1/2% of the amount of credit per month (minimum $100) |
Negotiation | 1/8% commission on LC value (minimum $100) |
Commission in-lieu-of exchange | 1/4% commission on bill amount (minimum $100) |
Standing Instructions | |
---|---|
GIRO | |
Outward remittance | Free |
Returned GIRO | $10 per transaction |
Cashier's Orders | |
$10 per transaction plus cost of Cashier's Order and postage (where applicable) | |
Rejected Standing Instructions | |
$30 per transaction |
Other Services | ||
---|---|---|
Transfers To Other Banks | ||
UF/MF Transfer | $250 per fund per transfer | |
Bond Transfer | $250 per bond per transfer | |
Service Fee - Fixed Income Securities | ||
0.08% to 0.50% p.a. is chargeable on holding period, depending on bond type | ||
Holding Of Shares For Safekeeping/Collateral | ||
Upon receipt | $60 per annum per counter | |
Upon withdrawal | 1/8% of current market value of shares (minimum $25, maximum $2,500) |
|
Microfilmed Copies Of Statements and Checks | ||
Current & previous month | Free | |
Beyond 2 months | $15 per statement/copy | |
Statement On Interest Earned & Interest Paid | ||
Preceding year | $15 per statement | |
Beyond 1 year | $30 per statement | |
Audit Confirmation Request | $50 | |
Closure of Account/Relationship | ||
Charge on accounts closed within 6 months of opening | $300 |
Prime Rates | |
USD | 8.00% p.a |
SGD | 5.50% p.a |
All charges are in Singapore Dollars unless otherwise stated.
Check clearing periods stated exclude holidays in respective country of that currency.
All interest rates for time deposits & transaction accounts, fees, charges and terms & conditions are subject to change without notice.
1. Minimum $100,000 equivalent.
2. Subject to availability. Large withdrawals may be subject to arrangement costs.
3. Acceptance of these checks/currencies is at the sole discretion of the bank.
4. Applicable to customers with arranged credit facilities. Otherwise the minimum opening commission for LC and Transferable LC is $250 and $500 respectively.
5. For transferable LCs, minimum charge is $250.
6. Subject to Goods & Services Tax.
7. Preferential Pricing.