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Real-time fund transfer online from a Hong Kong Citibank account to another overseas Citibank account |
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Saves your time when compared to normal telegraphic transfer for financial flexibility |
| Preferential services are exclusively offered to CitiBusiness Citigold customers:
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Free CHATS service2 |
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Free Telegraphic Transfer service2 |
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Free Citibank Global Transfer service1 |
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All-in-one multi-currency account |
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Offers Call Deposit, Time Deposit and Standby Credit |
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An extensive range of 13 different currencies |
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Earn interest with your checking account |
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Swift and hassle-free payments |
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Easier check issuance |
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Hong Kong Dollar and US Dollar Checking Account for your selection |
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100% principal protected |
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High potential interest return |
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Deposit Currency: HKD or USD |
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Combination of transactional account flexibility and high interest rate as Time Deposit |
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Make withdrawals anytime via check and ATM card. It's convenient as you do not need to transfer the amount manually before the withdrawal |
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Any unused balance at maturity will earn you high interest rate |
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Higher interest rates than normal time deposit |
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Flexible choice of pre-agreed conversion rate and tenors |
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Starts with a minimum deposit amount of US$10,000 or equivalent |
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Hong Kong Dollar and US Dollar Statement Savings Account for your selection |
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Earn daily compound interest |
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Monthly consolidated statement |
For details about our Cash Management products and services, please call CitiBusiness Hotline at
(852) 2860 0383.
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Citibank Global Transfer is only applicable to CitiBusiness customers whose signing instruction is single signatory or any one of the authorized signatories. Free Citibank Global Transfer service is applicable to CitiBusiness Citigold customer only. The transaction fee is HK$180 per transaction for CitiBusiness Citibanking customer. |
| 2. |
Free CHATS and Telegraphic Transfer service is applicable to CitiBusiness Citigold customer only. For CitiBusiness Citibanking customer, the transaction fee is HK$180. For CitiBusiness Citibanking customers who maintain an Average Daily Combined Balance of HK$500,000 or above for the previous month, the transaction fee is HK$120 only. For telegraphic transfer, it is subject to corresponding bank's / network's handling fees. The “Average Daily Combined Balance” is calculated based on the sum of your company’s daily balances of deposit, investment, accumulated paid premium of selected insurance products and utilised business overdraft facilities, divided by the number of days in the month, plus outstanding balance of business loans at the end of the month. Selected insurance products mean insurance policy(ies) with savings element or investment-linked insurance. For insurance policy(ies) with savings element, accumulated paid premium means total premium paid minus value of outstanding policy loan. For investment-linked insurance policy(ies), accumulated paid premium means total premium paid minus value of fund sold. |
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Foreign currency investments are subject to rate fluctuations which may provide both opportunities and risks. Investors may experience a loss when they convert foreign currency back to their home currency. Investors should therefore determine whether any foreign currency investment is suitable for them in the light of their own financial position, investment objectives and risk profile. |
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A Premium Deposit is a structured deposit. Unlike traditional deposits, structured deposits have an investment element and returns may vary. Structured deposits are subject to a number of risks. A Premium Deposit is in substance a foreign currency investment. It is subject to exchange rate fluctuations which may create both opportunities and risks. A Premium Deposit will be repaid in the currency that is the weaker of the base currency or the alternate currency. If the alternate currency weakens against the base currency, investors will be repaid in the alternate currency. This means investors may effectively incur a loss on the principal amount of the Premium Deposit, because the amount repaid at maturity, when converted back into the base currency at the prevailing foreign exchange rate, may be lower than the amount of the base currency that investors initially deposited. The higher rate of the interest investors earn under the Premium Deposit may not compensate them for this foreign exchange loss. Investors should also note that the Premium Deposit is an investment product that should be held to maturity. Termination before maturity is not allowed. Investors may therefore wish to seek independent advice before making a commitment to enter into a Premium Deposit. In the event that investors choose not to seek independent advice, they should carefully consider whether a Premium Deposit is suitable in the light of their own investment objectives, financial position and risk profile. For more information on a Premium Deposit, investors should also carefully read the relevant terms and conditions. All obligations herein are payable solely at and by Citibank (Hong Kong) Limited, subject to the Laws of Hong Kong (including governmental actions, orders, decrees and regulations).
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