Overseas Remittance

- When a speedy overseas remittance is required due to expansion of trade and various domestic and international transactions, applicant pays the fund in local currency or foreign currency at his choice to Citibank, who transmits the fund to the beneficiary��s account through its worldwide financial network.

- T/T or Telegraphic Transfer is the universal way of remittance and beneficiary can receive funds promptly as separate credit advice is sent to the beneficiary bank.

Domestic Remittance

- This is a fund transfer transaction between domestic foreign exchange banks (including foreign banks) and you can transfer foreign currency to domestic beneficiary account from your account at Citibank.

Citibank Premium Overseas Remittance

- 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 remit the funds 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.

Remittance at the counter of Citibank Branch

- Prepare the Application for Fund Transfer and necessary evidencing documents and visit a Citibank Br. to request the remittance.

Remittance via Internet Banking

�� Request remittance via CAT-i.

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)

Required Information for Remittance

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.
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.
SWIFT CODE/BIC CODE	Bank Code of 8 to 11 digits, which is in use all over the world

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.

Remittance Amount (Based on US Dollar equivalent)	Remittance Commission		Telegraphic Charge		Remarks
	Remittance at Branch	Remittance via Internet Banking	Remittance at Branch	Remittance via Internet Banking
Up to USD1,000	7,000 Won	7,000 Won	Waived for Won currency transfer and charged for foreign currency transfer.		Won equivalent of USD20 being Lifting Charge will be collected in case of remittance with the condition of ��charge applicant.�� (Subject to change by intermediary bank.)
Up to USD5,000	12,000 Won	7,000 Won
More than USD5,000	23,000 Won	7,000 Won
More than USD50,000	30,000 Won	7,000 Won			Won equivalent of USD25 being Lifting Charge will be collected in case of remittance with the condition of ��charge applicant.�� (Subject to change by intermediary bank.)