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| | | Home>Funds Transfers | |  |  | | At Citibank, you can transfer funds or pay bills easily through the following methods besides using personal checks. | | | Citibank Global Transfer | | - Citibank Global Transfer (CGT) service enables you to transfer funds from your Citibank account in Singapore to another Citibank account abroad* cost effectively through Citibank Online. These fund transfers to Citibank accounts around the world take effect immediately.
| | | Telegraphic Transfer | | | Inward Remittance | | - For inward remittance, please refer to the Inward Remittance Instructions Factsheet.
- For inward remittance, to ensure that the amount received at Citibank is your intended amount, please inform remitting bank to "Pay the Beneficiary in full"
| | | Outward Remittance | | - For outward remittance, you can sign on to Citibank Online with your 16 digit Citibank ATM card and PIN to perform an online Telegraphic Transfer. Please click here for the step-by-step guide.
- Alternatively, you can complete the Interbank Funds Transfer Form and fax it to +65 6323 1288. You can also visit our Citibank branches in Singapore to carry out a telegraphic transfer.
| | | Demand Drafts | | | | | |  | Click on  to expand and on  to minimise the details. | | | Frequently Asked Questions (FAQs) on Funds Transfer | | | Have a question on how to transfer funds? | | | | | Telegraphic Transfer (Inward) | | | What are the charges for inward remittances? | |  | Handling fee: |  | | For account holders | | Citibank Singapore does not levy a handling fee for inward remittance. However your inward remittance could be subject to correspondent bank charges. | | | | | | | | | | | | Telegraphic Transfer (Outward) | | | | | | | | | Common Charges | | | What are the common charges for remittance? | | | Commission charge for outward remittance: | | | (A) Withdrawal from Time Deposit | | | To same party account holder - No charge but postage or cable cost (where applicable) | | | To third party - 1/8% commission (minimum S$20) plus postage or cable cost (where applicable) | | | (B) Withdrawal from Transaction Account | | | Involving foreign exchange | 1/8% commission (minimum $20) plus postage or cable cost (where applicable) | | Not involving foreign exchange | 1/8% commission (minimum $20) plus 1/8% in-lieu-of exchange (minimum $10) and postage or cable cost (where applicable) | | Other charges: | | Cable cost | $30 (Citigold Select customers enjoy 2 monthly waiver) | | Tracers for investigation | $30 | | | | NOTE: Third party and other charges may be applicable to inward or outward remittances, (i.e. correspondent bank charges) | | | | | | | | | | Important Notes | | | | | | | | |
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