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Citibank exchange rates

Compare Citibank's current exchange rates before your next international money transfer.

Exchange rates can make all the difference when sending money overseas. And while using your bank might seem convenient, it often won’t offer the best value for money.

The smart thing to do is to compare your options – and that means knowing what exchange rate you’ll get. Begin by checking out Citibank’s current exchange rates and comparing them to other options.

What are Citibank’s foreign exchange rates?

To find out what exchange rates Citibank offers, you’ll need to either sign up or already have an account with Citibank. Banks in Singapore, in general, will add around 4.5% to the exchange rate as a margin, according to the World Bank.

A lot of specialist money transfer services, by comparison, will only add a margin of 1–2%. Get some quotes below to see how Citibank compares to the other options and to the mid-market rate.

Citibank currency exchange: What to know

What we like

  • Instant transfers between Citibank accounts. As a global bank, you can make instant transfers to overseas Citibank accounts in over 15 countries.
  • Flexible account options. The Citibank Global Transfer (CGT) service lets you make instant international payments to eligible Citibank accounts without any transfer fees. Meanwhile, the Citi Global Foreign Currency Account can hold up to 9 different currencies, cut international transfer fees and come with a wide range of transactional features.

What to watch out for

  • Uncompetitive exchange rates. Citibank adds a larger margin to exchange rates than specialist money transfer services typically do.
  • Fees apply. Different fees can apply in different circumstances. Compared to dedicated international money transfer services, it can be more difficult to ensure you’ve accounted for all possible fees.

Find out more about sending an international transfer with Citibank

How do Citibank’s exchange rates compare?

Exchange rates are constantly changing, so it’s not possible to flat out say one bank will always offer better or worse rates than another.

But being able to check the live rates is the next best thing, so compare your options when you need to make a money transfer and see if you can save.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
SGD 0 Same day SGD 4.99 0.742 USD
7,418
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
SGD 250 1 day SGD 0.00 0.747 USD
7,474
Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
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SGD 2,000 1 day SGD 0.00 0.747 USD
7,474
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
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SGD 1 Same day SGD 3.99 0.747 USD
7,468
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
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SGD 250 1 day SGD 0.00 0.747 USD
7,474
Send guarantees to match any competitor's exchange rate. T&Cs apply.
Send has fee-free transfers in 30+ currencies to over 200 countries.
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SGD 1 1 - 2 days SGD 45.00 0.75 USD
7,471
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
SGD 5 1 - 2 days SGD 3.00 0.746 USD
7,462
Special offer: Zero fees on your first 10 transfers.
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
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SGD 1 1 day SGD 43.00 0.75 USD
7,472
Pay no fees on your first two transfers, up to S$3000.
SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
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SGD 200 2 days SGD 50.00 0.744 USD
7,407
New customers sending over AUD 500 to Australia use code FINDER50 to get AUD 50 off. Valid till 31st May 2021. T&Cs apply. Go to site Show details

Compare up to 4 providers


The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

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