Foreign Currency Account

Why deposit in a Citibank Foreign Currency Account

Choice of currencies: AED, AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK and ZAR
Access to multiple foreign currency types
Carry out transactions on different currency types from a single platform
Convenient way to manage day-to-day transactional needs through Internet Banking, ATM, AVR and CitiPhone Banking.
Free Citibank ATM / Debit card

Non-Interest bearing for non-individual Foreign Currency Account

Flexible Placements

For your convenience, you can:

Deposit cash in AUD, HKD and JPY at our branches
Remit funds via telegraphic transfer or Citibank Global Transfer (CGT)
24-Hour Online Banking

Click on to expand and on to minimise the details.

For new customer

Simply complete the form and we will be in touch with you shortly
If you have further enquiry, click here to drop us a note

For existing Citibank IPB customer

Simply contact your Relationship Manager or our 24-hour CitiPhone Banking at +65 6224 5757+65 6224 5757.
If you have further enquiry, click here to drop us a note

What are the advantages of a Foreign Currency Account?

A Foreign Currency Account makes managing finances in multiple currencies easier. Customers can choose from a wide range of currency options, including AED, AUD, CAD, CHF, DKK, EUR, GBP, HKD, JPY, NOK, NZD, SEK, and ZAR. You can enjoy a simplified banking experience through a single platform that allows transactions on multiple currencies. Furthermore, you will have the convenience to manage your daily transactional needs via Internet Banking, ATM, AVR, and CitiPhone Banking. You will also be entitled to a free Citibank ATM/Debit card empowering you with enhanced accessibility and flexibility to handle your foreign currency transactions.

How does a Foreign Currency Account Work?

The way a foreign currency account operates is a relatively straightforward procedure. For new customers, the first step is to complete a form, after which the bank will contact them. In case of any additional inquiries, there is an option to submit a note through the provided link. Existing Citibank IPB customers can quickly initiate the process by contacting their Relationship Manager or the 24-hour CitiPhone Banking service. Alternatively, they can dial +65 6224 5757 to get assistance. Existing customers can also choose to submit a note via the provided link if there are any further questions or concerns. The bank ensures a seamless experience for new and existing customers interested in opening a Foreign Currency Account.

What is a Foreign Currency Account?

Foreign currency account signifies those banking accounts that maintain and denominates funds in a currency different from the bank's local currency or the account's location. These accounts are typically advantageous for people involved in frequent international transactions, allowing them to send and receive payments and execute transactions seamlessly in foreign currencies.