PERSONAL ACCOUNTS
Innovative financial management solutions to help build and manage your wealth
Savings accounts in a wide range of currencies.
A savings account with Citi provides the following services:
- Interest is calculated on the minimum monthly balance.
- Interest is credited to your account every month.
- Withdrawals up to AED 10,000 per day with free access via Citibank ATMs globally. For non-Citi ATMs, this will be charged at AED 2 per transaction in UAE and AED 20 per transaction offshore.
- Available in a wide range of currencies.
- 24 Hour Citiphone Banking, Citibank Online banking and Mobile banking services.
Building up your savings starts with choosing the right savings account.
| CitiBest USD balance | Interest rate (p.a)* |
|---|---|
| USD 0 to 9,999 | 0.15% |
| USD 10,000 to 999,999 | 0.35% |
| USD 1,000,000 or more | 0.50% |
*Interest will be calculated daily on the end of day balance maintained in your Citibest USD account and the accrued interest will be credited to your account on a monthly basis.
Make the most out of your Emirates Advantage USD Account by earning Skywards Miles* based on your quarterly account balance and for every Debit card spend.
A savings account with Citi provides the following services:
- Earn 750 Skywards Miles per quarter for every USD 10,000 (quarterly average balance) maintained in the Emirates Citibank Advantage USD Account.
- Earn 500 Skywards Miles per quarter for every USD 10,000 (quarterly average balance) maintained in the Emirates Citibank Advantage AED Account (existing customers only, product is not currently offered).
- Accounts with an average quarterly balance of less than USD 10,000 will not be eligible for miles payout and there is no carry forward of miles for such accounts.
- 1 Skywards Mile for every USD 2 spent on the Emirates Citibank Debit Card.
- Enjoy free withdrawals at all Citi ATMs within UAE and overseas.
- Access to your money from a Citi or a non-Citi ATM within UAE without incurring a withdrawal charge.
- Avail two free withdrawals a month outside UAE from a non-Citi ATM Machine.
SHORT TERM INVESTMENTS
Identify and capitalize on new target markets with optimized investment plans to accomplish financial goals
Buy and sell equities, ETFs and bonds with the added benefit of safe custody, quality assurance and consistency in services.
- Buy and sell securities in a range of markets.
- Trade easily through our user-friendly Citibank Online platform Trade at competitive rates.
- Open a Securities Brokerage Account with no minimum deposit or balance required in your current or savings accounts.
- Enjoy online brokerage services at convenient and flexible market local times and choose securities that best suit your investment objectives.
Investment products are not bank deposits or obligations or guaranteed by Citibank N.A., Citigroup Inc. or any of its affiliates or subsidiaries unless specifically stated. Investment products are not insured by government or governmental agencies. Investment and Treasury products are subject to Investment risk, including possible loss of principal amount invested. Past performance is not indicative of future results: prices can go up or down. Investors investing in investments and/or treasury products denominated in foreign (non-local) currency should be aware of the risk of exchange rate fluctuations that may cause loss of principal when foreign currency is converted to the investor's home currency. Investment and Treasury products are not available to U.S. persons. All applications for investments and treasury products are subject to Terms and Conditions of the individual investment and Treasury products. Customer understands that it is his/her responsibility to seek legal and/or tax advice regarding the legal and tax consequences of his/her investment transactions. If customer changes residence, citizenship, nationality, or place of work, it is his/her responsibility to understand how his/her investment transactions are affected by such change and comply with all applicable laws and regulations as and when such becomes applicable. Customer understands that Citibank does not provide legal and/or tax advice and are not responsible for advising him/her on the laws pertaining to his/her transaction. Citibank U.A.E. does not provide continuous monitoring of existing customer holdings.
LONG TERM INVESTMENTS
Diversify your investments across countries and prepare investment plans based on risk and returns.
Enjoy a wide selection of bonds issued by reputable organizations worldwide with tenors and currency denominations to achieve your long term investment goals.
- Fixed Rate Bonds - These bonds pay the same amount of interest for their entire tenure.
- Floating Rate Bonds - These bonds have a variable interest rate that are typically tied to market interest rates. When the reference market interest rate increases, the interest return may increase accordingly and vice versa
- Zero Coupon Bonds - A zero coupon bond makes no periodic interest payment, but instead it is usually offered at a discount from its face value. The return will be reflected from the gradual appreciation of the bond which is redeemed at face value on maturity date
This website does not constitute any offer or solicitation to buy or sell. Investors should refer to the relevant offering document(s) for detailed information and applicable terms & conditions prior to subscription. Investment products are not bank deposits or obligations or guaranteed by Citibank N.A., Citigroup Inc. or any of its affiliates or subsidiaries unless specifically stated. Investment products are not insured by government or governmental agencies. Investment and Treasury products are subject to Investment risk, including possible loss of principal amount invested. Past performance is not indicative of future results: prices can go up or down. Investors investing in investments and/or treasury products denominated in foreign (non-local) currency should be aware of the risk of exchange rate fluctuations that may cause loss of principal when foreign currency is converted to the investors home currency. Investment and Treasury products are not available to U.S. persons. All applications for investments and treasury products are subject to Terms and Conditions of the individual investment and Treasury products. Customer understands that it is his/her responsibility to seek legal and/or tax advice regarding the legal and tax consequences of his/her investment transactions. If customer changes residence, citizenship, nationality, or place of work, it is his/her responsibility to understand how his/her investment transactions are affected by such change and comply with all applicable laws and regulations as and when such becomes applicable. Customer understands that Citibank does not provide legal and/or tax advise and are not responsible for advising him/her on the laws pertaining to his/her transaction. Citibank UAE does not provide continuous monitoring of existing customer holdings.
Earn interest rate for placing your money for a fixed term.
- Minimum deposit of AED 1,000 or its equivalent
- Tenors including; 1 month, 3 months, 6 months, and 1 year
- Select various tenors to suit your needs ranging from 30 days to 1 year
- Product available for local and major currencies
Citibank’s General Terms and Conditions apply, are subject to change and are available upon request. Prior to booking, varying or withdrawing a Term Deposit, please refer to the current General Terms and Conditions. On the opening of a Time Deposit, Citibank will issue a confirmation advice stating the principal sum, the term and the rate of interest payable. Interest on the deposit will be paid on maturity. The Time Deposit is subject to the minimum balance limit determined by Citibank from time to time. Unless otherwise instructed by the Customer on or before the date of maturity, a Time Deposit may, at Citibank’s discretion, be automatically renewed for like periods of time at the interest rate determined by Citibank to be in accordance with prevailing market returns in respect of such deposits. Where a Customer withdraws a Time Deposit early this will be subject to the payment of a fee, penalty and/or charge as Citibank deems appropriate in the circumstances and which may be modified from time to time. Early withdrawal of Time Deposits is subject to the provisions of the General Terms and Conditions. Citibank shall deduct a fee of up to AED 50 from the amount of interest earned where there is any early withdrawal of a Time Deposit. The Customer acknowledges that Citibank may at its discretion vary the provisions applicable to early withdrawal of Time Deposits including but not limited to the interest rate and the basis of calculation of the interest rate applicable from time to time. All securities and property held by Citibank in the Customer’s name, including time deposits, may be held as security for the payment of any amounts due to Citibank from the Customer.
Mutual Funds are professionally managed investment vehicles that pool capital from many investors to invest in multiple stocks, bonds and other securities. They can be traded online 24x7 at Citibank online at competitive prices.
Click here to view a full list of mutual funds.
A Systematic Investment Plan (SIP) is designed to help you accumulate wealth by investing in equities through smaller fixed amounts at regular intervals. There are a number of benefits to building a SIP, all which will help you achieve your financial goals.
- Investing systematically means you are buying fewer units when equity markets are high and more units when the markets are low, thereby bringing down your average cost
- You can choose from various funds spread across asset classes
- Unlimited fund replacement options and no exit/surrender charges (for class A) in case you wish to redeem your investments
- Given the low minimum monthly contribution, you can easily include SIP without altering your monthly budgets or lifestyle while making contributions towards building your financial future
This website does not constitute any offer or solicitation to buy or sell. Investors should refer to the relevant offering document(s) for detailed information and applicable terms & conditions prior to subscription. Investment products are not bank deposits or obligations or guaranteed by Citibank N.A., Citigroup Inc. or any of its affiliates or subsidiaries unless specifically stated. Investment products are not insured by government or governmental agencies. Investment and Treasury products are subject to Investment risk, including possible loss of principal amount invested. Past performance is not indicative of future results: prices can go up or down. Investors investing in investments and/or treasury products denominated in foreign (non-local) currency should be aware of the risk of exchange rate fluctuations that may cause loss of principal when foreign currency is converted to the investors home currency. Investment and Treasury products are not available to U.S. persons. All applications for investments and treasury products are subject to Terms and Conditions of the individual investment and Treasury products. Customer understands that it is his/her responsibility to seek legal and/or tax advice regarding the legal and tax consequences of his/her investment transactions. If customer changes residence, citizenship, nationality, or place of work, it is his/her responsibility to understand how his/her investment transactions are affected by such change and comply with all applicable laws and regulations as and when such becomes applicable. Customer understands that Citibank does not provide legal and/or tax advise and are not responsible for advising him/her on the laws pertaining to his/her transaction. Citibank UAE does not provide continuous monitoring of existing customer holdings.
Structured Products are designed to help you diversify portfolios and limit downside risks.
- Structured Notes are flexible in structure and can be tailored to play out with your investment strategies.
- Returns on Structured Notes are linked to the performance of one or more underlyings, such as a particular equity, index, commodity, foreign exchange rate, interest rate, mutual fund or others, or a combination of any or all of them.
- Structured Notes may compose of diverse derivatives and fixed income investments.
This website does not constitute any offer or solicitation to buy or sell. Investors should refer to the relevant offering document(s) for detailed information and applicable terms & conditions prior to subscription. Investment products are not bank deposits or obligations or guaranteed by Citibank N.A., Citigroup Inc. or any of its affiliates or subsidiaries unless specifically stated. Investment products are not insured by government or governmental agencies. Investment and Treasury products are subject to Investment risk, including possible loss of principal amount invested. Past performance is not indicative of future results: prices can go up or down. Investors investing in investments and/or treasury products denominated in foreign (non-local) currency should be aware of the risk of exchange rate fluctuations that may cause loss of principal when foreign currency is converted to the investors home currency. Investment and Treasury products are not available to U.S. persons. All applications for investments and treasury products are subject to Terms and Conditions of the individual investment and Treasury products. Customer understands that it is his/her responsibility to seek legal and/or tax advice regarding the legal and tax consequences of his/her investment transactions. If customer changes residence, citizenship, nationality, or place of work, it is his/her responsibility to understand how his/her investment transactions are affected by such change and comply with all applicable laws and regulations as and when such becomes applicable. Customer understands that Citibank does not provide legal and/or tax advise and are not responsible for advising him/her on the laws pertaining to his/her transaction. Citibank UAE does not provide continuous monitoring of existing customer holdings.
INSURANCE
Customised financial planning and management solutions to help you protect what matters most
Lifelong is an offshore flexible whole of life insurance policy offering high levels of protection and a wide range of additional benefits.
Learn more >International Term Assurance is a level term life insurance policy where the insurance coverage amount and premium amount remains fixed during the policy period.
Learn more >Invest Plus prepares you to save on a regular basis over a medium to long term period. The flexible platform of the product lets you decide how much and in which currency you wish to invest, gives access to your capital by allowing regular withdrawals or partial surrenders. It helps to secure your future through adding optional benefits such as additional life cover, accidental death benefits and waiver of premium benefits.
Learn more >Wealth Accumulation Plan is a simple investment plan wrapped with insurance that helps you grow your wealth at your own pace.
Learn more >Optional credit insurance program designed to take care of your Citibank Credit Card dues and also ensure your personal expenses are taken care of.
Learn more >Insurance are subject to exclusions, special terms and conditions and medical underwriting requirements (as applicable) which are contained in the policy document. All insurance products are optional and underwritten by Insurers, subject to terms and conditions of each Policy. Citibank N.A. does not underwrite or issue insurance policies. Citibank N.A. is not responsible for rejection of any application and/or claim made to the insurer. Citibank N.A. provides customer support by way of receiving payments from the customer and forwarding them to the insurer, in addition to making such insurance products available to the customers. Policies can be cancelled at any time. If cancelled within 30 days of enrollment, customers will be entitled to a refund of premium collected within that period as per the terms and conditions of the plan, however, transfer charges may still apply. Unless specified, investment and insurance products are not bank deposits or obligations or guaranteed by Citibank N.A., Citigroup Inc. or any of its affiliates or subsidiaries unless specifically stated. Investment, investment linked insurance and treasury products are not insured by government or governmental agencies. Investment, investment linked insurance and treasury products are subject to investment risk, including possible loss of principal amount invested. Past performance is not indicative of future results: prices can go up or down. Investors investing in investments, investment linked insurance and/or treasury products denominated in foreign (non-local) currency should be aware of the risk of exchange rate fluctuations that may cause loss of principal when foreign currency is converted to the investors' home currency. Investment, investment linked insurance and treasury products are not available to U.S. persons. All applications for investments, insurance, investment linked insurance and treasury products are subject to terms and conditions of the individual insurance, investment, investment linked insurance and treasury products. It is the customer's responsibility to seek independent legal and/or tax advice regarding the legal and tax consequences of his/her investment, insurance and investment linked insurance transactions and decisions. If the customer changes residence, citizenship, nationality, or place of work, it is his/her responsibility to understand how his/her insurance, investment linked insurance and/or investment is affected by such change and comply with all applicable laws and regulations as and when such becomes applicable. Customer understands that Citibank does not provide legal and/or tax advice and are not responsible for advising him/her on the laws pertaining to his/her insurance, investment, investment linked insurance. In addition to terms and conditions of the aforementioned products, Citibank terms and conditions apply, are subject to change and can be found at www.citibank.ae. Please call our 24-Hour CitiPhone Banking Service on +971 4 3114 000 should you have any queries or complaints.
FX Order Watch
You set your exchange rate, and we'll do the rest
You set your exchange rate, and we'll do the rest.
Wouldn't it be great to know that you could place currency trades in advance, safe in the knowledge that they will only be completed if rates hit the level you desire within your preferred timeframe?
Our new FX Order Watch service does the hard work for you, keeping a constant check on the currency markets.
FX Order Watch lets you set your own preferred exchange rate between two currencies - for example US Dollars and AUD.
First you tell your Relationship Manager the currencies you want to exchange and the rate at which you want to trade, as well as the term over which you want the deal to happen.
You can place different types of orders which include:
Simple order
You place one order and we make the trade if the currency hits your desired level within the timeframe. If it doesn’t, the order expires. Under Simple order you can choose to do any of the following:
- Buy Order: To convert one currency to another at a rate lower than the prevalent market rate
Note: The example below, including the indicative exchange rates & FX Commission, are for illustrative purposes only. - Sell Order: To convert one currency to another at a rate higher than the prevalent market rate
Note: The example below, including the indicative exchange rates & FX Commission, are for illustrative purposes only. - One Cancels-Other Order (OCO): You place two orders at the same time. Whichever target is hit first, that trade is executed and the other order is automatically cancelled. If neither target is hit by the end of the term the order expires.
Once we take your order, we monitor the currency market 24 hours a day, and will only make the trade when the market rate hits your agreed level.
Note: The example below, including the indicative exchange rates & FX Commission, are for illustrative purposes only.
This is a Non-Advised product. Citibank, N.A., UAE does not offer any recommendation for specific transaction with currency pairs, tenors and exchange rates (all 3 combined). Before you can place an order you must hold cash accounts with us in the original currency and the alternate currency. In addition, your cash account in the original currency must hold sufficient funds to cover the transaction amount. All orders are subject to a minimum transaction amount of USD 10,000 (or currency equivalent). When you place an order, we will place a hold over the transaction amount in the original currency until the order is executed, cancelled or has expired. This means that the transaction amount will not be available to you during the tenor of the order. All orders will be subject to a commission payable by you to Citi. This commission will be disclosed by Citi to you prior to the placement of an order. You may specify any watch rate for an order, subject to a minimum ‘cushion’ of 30 Price Interest Points - PIPS (meaning that the watch rate specified must be a minimum percentage above or below the current market rate at the time the order is placed). If you subsequently change the watch rate for an order, the new watch rate you specify will also be subject to this cushion (calculated against the market rate at that time). The size of the cushion may vary from time to time depending on currencies selected and market volatility. If you wish to change or cancel an order prior to execution you can do so. Orders will remain live until you have received confirmation that the order has been cancelled. Orders may not be cancelled or changed once executed. When an order is executed, the transaction amount will be credited to your cash account in the alternate currency. This normally happens immediately, but in any event no later than the second business day after execution. It is not possible to roll transactions over or otherwise place a new order using the transaction amount without having first received the transaction amount into your cash account. Please note, it is not possible to enter forward transactions (where the execution price is pre-determined regardless of market movements) using the FX Order Watch service. All orders are executed at spot (that is at the price available in the market at the time the transaction is executed). Please bear in mind that when the exchange rate to convert a foreign currency to your original base currency fluctuates due to market conditions, there is a risk of loss of principal due to an exchange rate loss. The amount you receive at maturity, when its value is calculated in your original base currency, may be lower than the principle you originally deposited. Regardless of the condition of foreign exchange rate fluctuations, there is a risk of loss of principle because the customer rate applied for converting a foreign currency back into your base currency includes Citi’s foreign exchange commission. Once the order is matched or executed, the product cannot be cancelled and the funds placed are not available for further transactions or withdrawal until the order is executed, cancelled or expired. Occasionally, for reasons outside our control, it may not be possible to execute an order when the market rate reaches the watch rate during the tenor. These reasons include but are not limited to market volatility or the liquidity of a particular currency may mean that the order cannot be matched in the market at the watch rate selected by you. We shall not be held liable for any loss, cost or claim arising out of or in relation to such circumstances. The order will remain live until the expiry of the tenor.
Join Citigold and receive AED 5,000 cashback.
