Citibank Current Account

Whether a professional or into a business, the Citi Current Account is designed for offering convenience and simplicity for all the financial dealings of the account holder. This account lets the account holder experience more flexibility to manage their daily finances.

The Citibank Current Account comes with a lot of financial benefits for the account holder including free withdrawals, debit card, cheque book and many more.

Citibank Current Account - Features and Benefits

Following are some eminent benefits and features of this current account.

Debit Card

The bank provides the account holder with a debit card, which is accepted globally. They can use this debit card for making transactions throughout the world.

Personalized Cheque Book

The account holder may get a personalized cheque book with these bank accounts. They have the facility of unlimited checking on the Citibank Current Account.

Multiple Currencies

This Citibank account is available to the applicants in various major currencies of the world.

Withdrawals

The Citibank charges no fee on the withdrawals equal to AED 10,000 (maximum) through Citibank ATMs anywhere in the world (in case of current and savings account). On withdrawals made through non-Citibank ATMs, the bank will charge a fee of AED 2 on every transaction made within the UAE & AED 20 on every transaction made offshore.

Minimum Balance Required

The Citibank Current Account Minimum Balance Requirement is AED 3,000 for every month.

Round the Clock Services

The account holder can avail banking services 24/7 through the Citibank mobile and online banking and Citiphone services.

Eligibility Criteria to Open Citibank Current Account in UAE

For Citibank Current Account Opening, the applicant has to meet certain eligibility requirements as determined by the bank. Here are the eligibility criteria for opening this account in the UAE.

Category Details
Age 18 years (minimum)
Residence UAE Resident only
Minimum Average Monthly Balance AED 3,000

How to Open Citibank Current Account in UAE?

To open this Citibank Current Account in the UAE, the applicant has the following options available.

Online Banking

Citibank offers its customers a safe and user-friendly online banking portal. The applicant can get their accounts opened easily through this portal anytime and anywhere.

Visiting the Branch

The applicant can visit the nearest branch of the bank for getting their Citibank account opened. They have to fill the form at the branch and submit it along with the required documents.

Phone Banking

The hopeful can call on the official customer care number of the bank, which can be found on the bank’s official website.

How to Close Citibank Current Account?

Before anything else, the account holder should transfer their account balance (if any) to the other bank account. The account holder has the following ways of closing their current account in the UAE.

  • Visit the nearby local Citibank branch for putting a request for closing this current account in the UAE.
  • Call on the official customer care number of the bank, talk to the customer care executive and put forward the Citibank Current account closure request.
  • Send a text message to the bank through their online banking facility with the request of closing the account.

Note: When closing their accounts, the account holder must get a written confirmation for their own records.

Citibank Current Account - FAQs

Question 1: Can I open this account in any currency other than UAE dirhams?

Answer: Yes, the Citibank Current Account is available in a variety of major currencies of the world apart from UAE dirhams.

Question 2: Do I have to pay any charges for setting up standing instructions on my account?

Answer: Yes, you have to pay a fee of AED 50 for setting up standing instructions on your Citibank account.

Question 3: Do I have to pay any charge on withdrawals I make through the ATMs within and outside the UAE?

Answer: The Citibank charges no fee on the withdrawals equal to AED 10,000 (maximum) through Citibank ATMs anywhere in the world (in case of current and savings account). On withdrawals made through non-Citibank ATMs, you will have to pay AED 2 on every transaction made within the UAE & AED 20 on every transaction made offshore.

Question 4: What is the minimum balance required for this account?

Answer: The Citibank Current Account Minimum Balance Requirement is AED 3,000 every month.

Question 5: What all customer service can I avail with this bank account from the Citibank?

Answer: You can avail the following customer services with your account.

  • Citibank Alert Service helps in keeping you updated about your banking transactions and details through email or SMS.
  • CitiPhone service offers additional support with the help of the Citiphone officers round the clock.
  • Citibank Online allows you to make your transactions or perform the banking activities through any location anytime and anywhere.

Question 6: Do I have to pay any monthly fee on this Citibank Current account?

Answer: In case your monthly average balance goes below AED 3,000, only then, you will have to pay a monthly fee of AED 25. If you maintain the minimum average balance, then you do not have to pay any such fees to the bank.

Question 7: Do I have to pay any fees for getting additional bank statement?

Answer: Yes, you will have to pay a charge of AED 25 for getting an additional bank statement.

Question 8: Do I have to pay any charge for closing my Citibank current account?

Answer: Yes, you will have to pay a fee of AED 100 if you close your account before one year.