Citibank fast, secure wire transfers to global banks | finder.com

Citibank money transfers

Send money to almost any bank worldwide with convenient money transfer options.

Citibank account holders can transfer money to another Citibank account in more than 20 countries for free. They can also send an international wire transfer to another bank account just about anywhere in the world for a fee.

Choose from several options

If you have a Citibank account, you’ve got a few options for transferring money from your bank account. Send money within the US to Citibank and non-Citibank accounts alike. You can also send a wire transfer to non-Citibank accounts outside the US.

Citibank transfers are best for:

  • Citibank account holders. You must have a bank account with Citibank to make a transfer with the financial institution.
  • Large transfers. Depending on the type of account you hold with Citibank, you can send up to $250,000 a day.

How much do Citibank transfers cost?

The cost you’ll pay for making a transfer with Citibank depends on the type of account you have with Citibank. Here is a breakdown of the costs:

  1. From your Citibank account to any Citibank account in the US or selected other countries: free.

2. From your Citibank account to any account abroad:

DomesticInternationalIncoming fee
Citigold $17.50$25Waived
Citi Priority $17.50$25Waived
Citi Private bankWaivedWaivedWaived
Cit International Personal$18.75$30Waived
Citigold International$12.50$20Waived
Citigold Private ClientWaivedWaivedWaived
Citi Global Executive$18.75$30Waived
Citi Global Executive PreferredWaivedWaivedWaived
All other accounts$25$35$15

What types of transfers can I make with Citibank?

  • One-off transfers. Send a one-time transfer from your Citibank account.
  • Recurring transfers. This option is only available for Citibank-to-Citibank transfers.
  • Bank-to-bank transfers. Citibank only gives you the option to transfer money to a bank account. Your recipient cannot pick up cash.

Available currencies and countries

For Citibank Global Transfers, you can transfer funds to the following countries. (More countries are available for Citibank’s Wire Transfer service.)

  • Australia
  • Bahrain
  • China
  • Colombia
  • Hong Kong
  • Hungary
  • India
  • Indonesia
  • Japan SMBC Trust Bank Ltd
  • Korea
  • Malaysia
  • Mexico
  • Philippines
  • Poland
  • Singapore
  • Taiwan
  • Thailand
  • United Arab Emirates
  • United Kingdom
  • Vietnam

Transfer limits

As with the fees, the transfer limits also vary depending on the type of Citibank account you have.

Citibank Global Transfers

Online daily limitOnline daily limit and
transfers after 60 days
Citibank branch or
ATM daily limit
Weekly limit
Citigold$2,000$50,000$5,000$5,000
Citi Priority$2,000$50,000$5,000$50,000
Citibank Account,
Basic Banking
$1,000$10,000$3,000$10,000

Online Wire Transfers

Outgoing limit
Citigold None
Citi Priority None
Citi Private Bank$50,000 per transfer or day
Citi International Personal$250,000
Citigold InternationalNone
Citigold Private ClientNone
Citi Global Executive$250,000
Citi Global Executive PreferredNone
All other accounts$50,000 per transfer or day

How do I use Citibank for money transfers?

First, you’ll need to have an account with Citibank. Then, to set up a Citibank Global Transfer, you specify your recipient’s name and account number. After you confirm the details of your transaction, the money is debited from your account and sent to your recipient’s account.

For international wire transfers, you’ll need to provide:

  • Your recipient’s full name.
  • Your recipient’s bank name, address, and SWIFT code.
  • Your recipient’s bank routing and account numbers.

International money transfers are sent the same business day if received before 5:15 p.m. ET.

What is Citibank?

Founded in 1812 in New York City, Citibank has grown to become a leading global financial institution with more than 200 million customer accounts in 160 countries around the world.

A large global bank, Citibank offers a diverse range of products to its customers that include corporate and investment banking solutions, wealth management and securities brokerage. Its suite of personal banking solutions include credit cards, mortgages and savings, checking and investment accounts.

What other products does Citibank offer?

  • Credit cards. Citibank offers an extensive range of business, student, travel, rewards and no annual fee credit cards.
  • Mortgages. Citibank provides home loan products for homebuyers, investors and those looking to refinance an existing mortgage.
  • Home equity lending. Take advantage of your home’s equity with a loan from Citibank.
  • Personal loans. Borrow funds and enjoy competitive rates and flexible features.
  • Investing. Invest in a wide range of financial instruments on your own or with the help of a Citibank adviser.

What do customers say about Citibank?

Online reviews for Citibank are poor. ConsumerAffairs gives Citi one star for overall customer satisfaction based on 123 ratings submitted in the last year. And the financial institution gets an F from the Better Business Bureau. Consumer ratings and reviews can give valuable insight into what it’s like to deal with a company as a customer, but they rarely tell the whole story. Remember that customers don’t typically rate a product or service unless they want to rant and rave, so take these aggregated scores with a grain of salt.

How does Citibank compare to independent money transfer specialists?

Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds overseas with our money transfer partners.

I want to send

to

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting
Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
USD 1,000 1 day USD 0.00 18.769 Online, Phone, Bank Account to Bank Account MXN 93,845 Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 1 3 - 5 days USD 75.00 18.835 Online MXN
92,762
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
USD 1,000 1 day - - Online, Phone, Bank Account to Bank Account Exclusive exchange rate discounts
No-maximum limit transfers with competitive exchange rates for 100+ currencies.
Go to site Show details
USD 100 3 - 5 days USD 5.00 18.75 Online, Phone MXN 93,657 Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000. Go to site Show details
USD 1 Within an hour - - Online, Bank Account to Bank Account, Cash Transfer Use promo code FREE to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details

Compare up to 4 providers

Frequently asked questions

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and our Privacy Policy.

4 Responses

  1. Default Gravatar
    SusanMay 10, 2017

    Am sending funds from online banking to another bank COT tranfer code n ask me for payment for that to whom will I send my payment to citi bank? Is it western union?

    • Staff
      HaroldJuly 3, 2017Staff

      Hi Susan,

      Thank you for your inquiry.

      Please use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds overseas with our money transfer companies.

      I hope this information has helped.

      Cheers,
      Harold

  2. Default Gravatar
    MichelleFebruary 12, 2017

    Can Citibank Korea transfer money to EastWest bank in the Philippines?

    • Staff
      AnndyJune 25, 2017Staff

      Hi Michelle,

      Thanks for your question.

      With Citibank wire transfers, you can send your money to more than 7,000 banks worldwide. It may or may not include EastWest. To confirm, it is best to contact Citibank directly.

      Cheers,
      Anndy

US International Money Transfers Offers

Important Information*
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Use promo code FREE to send your first transfer at no fee to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for 100+ currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

Go to site