All services provided under Global Banking Services are subject to availability and local regulatory restrictions and Citibank (Hong Kong) Limited does not guarantee the availability of any of these services in any markets Citibank operates. Citibank reserves the right to change Global Banking Services product offerings without prior notice to clients. Global Banking Services are applicable to designated regions only. Some regions are exempted from providing part of the services and some services are only applicable to Citigold clients. Please refer to the Terms & Conditions of Global Banking Services stated below.

1. Citibank international wire transfer fee Citibank clients can send money to other Citibank accounts around the world for no upfront fee. However, there is a charge wrapped up in the exchange rate used, which can push up costs.
2. Instant funds transfer to 18 countries and regions with the handling fees waived 1; Applicable to worldwide Citibank ® account under self-name or designated third party's name; Outward remittance is applicable through Savings, Checking and Currency Manager Accounts for all currencies except RMB, while inward remittance is applicable through Savings and Checking.

View this Citibank QuickTake Demo to learn how to make an Inter Institution transfer using Citibank® Online. Set up online banking, open an account or learn.

Citibank Global Transfer

Applicable to handling fees incurred by Citibank (HK) Ltd only. For incoming fund transfers from overseas Citibank branches, please refer to each originating country's fees and charges.

This service is only applicable to clients of Citibank (Hong Kong) Limited. Transaction screening may apply, this may lead to the delay of the transaction.

If the transaction involves currency conversion, such currency conversion will be converted at the prevailing exchange rate for this service as determined by the Bank on the conversion day.

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• International Wire Transfers

You can wire funds from your overseas bank account to your Rupee Checking Account. It normally takes 2-3 business days for the funds to reflect in your account after your overseas bank has initiated this international wire transfer. Funds transferred to your Rupee Checking Account are available for use as soon as they are credited to your account. The exchange rate applied for your transfer will be the exchange rate on the date on which we receive funds in your account.

Citibank India does not charge a fee for incoming Wire Transfers, however your local bank overseas may charge a fee for sending International Wires. Your bank will require information such as your Rupee Checking Account Number, Beneficiary details and routing number. For your convenience, you can complete the details below, print the form and provide to your bank to initiate the wire transfer from your account.

1.To initiate a wire transfer, remitter needs to share the following information with their local bank:

• Beneficiary Account: 10 digit Citibank India account number
• Beneficiary Name: Name as on Citibank India account
• Beneficiary Bank: Citibank N A
• Beneficiary SWIFT Code for all currencies: CITIINBX
• ABA Routing Code (for USD transactions only): 021000089
• Sort Code (for GBP transactions only): 185008
• IBAN (for GBP transactions only): GB 90 CITI18500800600091
• IBAN (for CHF transactions only): CH 12 89095000010570109
• IBAN (for EUR transactions only): IE68CITI99005123898004
• IBAN (for AED transactions only): AE750211000000700006018
• IBAN (for DKK transactions only): DK7030003996058646

2.Correspondent Bank Name, SWIFT Code & Correspondent Account No., available here (optional)

1.Citibank does not charge service fee for Foreign currency conversions

2.Please note that as per Government of India regulations, GST will be charged on all foreign currency conversions, interest and fees and other charges. This tax is payable to the Government of India and will be charged to your account. This is subject to change as per the regulations of the Government of India.:

3.Correspondent bank charges are levied as per prevailing policy of the correspondent bank routing the funds.Please note that the correspondent bank charges are subject to change. Below is indicative correspondent bank charge grid.

Indicative charges for USD

Euro

For other currencies, flat charges as per below:

For exchange rates, click here

The foreign exchange rates mentioned are indicative only. The applicable rate will be the exchange rate prevailing on the date of funds conversion post fulfilment of all regulatory requirements.

How much time will it take to get funds credited to my Citibank account, once transaction is successful from overseas bank?

Upon receipt of funds and the SWIFT message mentioning mandatory details from remitting bank, it usually takes 24 to 48 working hours to credit the funds. Please note that timelines may get impacted in case additional information/documentation is required per FEMA/RBI/internal/other guidelines. To ensure timely credit of funds, please ensure purpose of remittance is provided and all wire transfer details are accurately filled.

What are correspondent bank charges?

Citibank Wire Transfer Instruction Form

Correspondent bank charges are levied by the intermediary bank routing the funds to Citibank India. These charges are levied basis the prevailing charge structure of the intermediary bank and may depend on the value of the transaction. Citibank India would typically receive funds post deduction of charges by correspondent bank.

Citibank Wire Transfer Authorization And Agreement Form

Is IBAN mandatorily required for all inward remittances?

No; for all remittances, Citibank NR SWIFT code (i.e. CITIINBX), along with Citibank ABA routing number will be required. (Please refer to the link to know currency specific Citibank details).

Will Citibank India SWIFT Code change as per currency of remittance?

Citibank Wire Transfer Instruction Form

Yes, for all inward remittances, Citibank SWIFT code to be used is CITIINBX.