Summary
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- You will experience the worldwide financial network, advanced financial techniques,
professional post-transaction service through global system, and higher dimension of financial service of Citibank.
- - You can transfer funds overseas in a variety of foreign currencies through the global financial leader, Citibank.
- - You can remit the funds in a timely and accurate manner through the worldwide network of Citibank.
- - You can get the professional post-transaction service from the experienced staff with expertise of CitiService.
- - Internet banking brings you more convenience.
Products
- - Foreign Currency Remittance - Domestic and Cross-Border (Outgoing)
- - Remittance from Overseas (Incoming)
Outgoing Remittance Procedure
- - Manual Remittance - Transmit the Application for Fund Transfer to Operations Department at Head Office for remittance.
- - Internet Banking - Remittance via CitiDirect?
CitiDirect?
- - Internet Banking System of Citibank, CitiDirect? is proud of the powerful multi-security device.
- - Database is supported so that frequently using remittance transaction related information is maintained for future use and accurate processing.
- - Customized reports can be designed and provided.
Service Hours
- - Manual 09:00 - 16:00
- - Internet Banking: 24 hours/365 days
�� For same day value transaction processing for each of the foreign currency, please contact the staff in charge.
Required Documents for Remittance
- - Application for Foreign Currency Remittance / Payment
- - Evidence of real name verification
- - Document(s) proving admitted transaction
- - Application for Designation (Change) of Foreign Exchange Transaction Bank (if necessary)
Information on Applicant |
Name, Address, Telephone No. (including area code) of Applicant |
Information on Beneficiary |
Name, Address, Telephone No. (including area code) of Beneficiary
�� Remittance amount is deposited into beneficiary��s account upon phone advice to the beneficiary in most of the countries,
therefore, lack of telephone no. may cause delay in remittance.
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Information on Beneficiary Bank |
Full Name and Address (at least name of city, province such as state in U.S.A. or province in China, etc) of the Bank, and Beneficiary��s Account No.
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SWIFT CODE/BIC CODE |
Bank Code of 8 to 11 digits, which is in use all over the world
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Notes for Preparing Application for Fund Transfer
- - Application for Foreign Currency Remittance / Payment must be prepared in English.
- - Please specify the remittance method.
- - Alphabet spelling of beneficiary and Arabic numeral of account no. must be accurate.
- - Names of Account holder and beneficiary must match each other.
- - Name of the transacting bank and branch (or address) and country of beneficiary must be described on the Application for Foreign Currency Remittance / Payment.
- - Telephone no. and other contact detail must be described for future contact in case of issues.
- - Remittance to entities and individuals related to following countries or to listed entities and individuals is not permitted
by the sanction by U.S.A.; Cuba, Sudan, Syria, Crimea Region in Ukraine and North Korea.
- - Matters to be advised to the overseas remitter in advance:
English Name of Citibank |
Citibank Korea Inc, (Formerly, Citibank N.A.Seoul) |
SWIFT Code of Citibank |
CITIKRSX |
English Name of Beneficiary |
English Name |
Account No. of Beneficiary |
Account No. |
Others |
It will be helpful for us to process quickly if telephone no. of beneficiary appears in the message. |
How to confirm arrival of incoming remittance?
- - Please contact your transacting branch or Operations Department of Head office
- - Required documents for receipt of remittance amount: Document(s) evidencing underlying transaction.
How to confirm credit to your deposit account?
- - Inquire account transaction detail via CitiDirect?
- - Call CitiService and confirm over the phone.
Commission (Foreign Currency Remittance - Service at Head Office)
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Manual |
Internet Banking |
Remarks |
Outgoing Overseas Remittance |
40,000 Won |
15,000 Won |
Won equivalent of USD20 being Lifting Charge will be collected in case of remittance with the condition of charge applicant. (Please confirm the charge amount as it is different by currency.) |
Incoming Overseas Remittance |
USD 20.00 |
- |
However, it is not applicable to the case where no deposit account maintained and mismatch between remittance currency
and deposit account currency. (Please contact the person in charge as separate charge will be applied in these cases.) |
Outgoing Domestic Remittance |
15,000 Won |
5,000 Won |
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Incoming Domestic Remittance |
- |
- |
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