Citibank Global Transfers
Service benefit
- 01. No transfer fee and Quick as domestic transfer!
- Quick : The money is credited to the recipient's account immediately as in the funds transfer between local banks.
- Accurate : Customers may rest assured as they can check instantly if the transfer has been completed.
- Zero fee : Transfer funds without any charge.
No remittance fee / telegram charge / intermediary bank fee / recipient bank fee.
- 02. Strongly recommended to these customers!
- If you want to remit funds easily.
- If you want to make a quick, accurate remittance overseas at any given time.
- If you want to make an urgent overseas remittance.
- 03. You may receive money from an overseas Citibank account into a domestic Citibank korea 'USD or KRW savings account' easily and conveniently!
- Quick : As soon as a sender remits funds from overseas, the money will be received immediately at Citibank Korea.
Under the 'Foreign Exchange Transactions Regulations‘, the transferred funds from overseas will be credited in the Bank's account after the purpose of the transaction is verified through submitted documents stating the reason/amount of the remittance. Hence, the funds will not be credited to your account immediately after the sender transfers the money.
- Zero fee : The remittance will be made in real time with no fees.
- Easy : Only account number of 'USD or KRW savings account' and an English name of beneficiary (no SWIFT Code) need to be shared with the remitter.
- Quick : As soon as a sender remits funds from overseas, the money will be received immediately at Citibank Korea.
- 04. You can freely send CGT through Citibank ATM.
- First you will have to designate Citibank as your FX transaction bank at a branch.
- To use the service, you must have a history of CGT transactions.