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Important
Information: © 2009 Citigroup Inc. CITI and Arc Design is a registered
service mark of Citigroup Inc. CITI and CITI NEVER SLEEPS are service
marks of Citigroup Inc. Citibank is a registered service mark of
Citibank N.A. or Citigroup Inc. |
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| The
Citibank NRI Business is a service of Citibank, N.A.'s overseas
branches in India.
The Citibank Rupee Checking Account is: Offered by Citibank, N.A.
through its overseas branches in India; Subject to the rules and
regulations of the Reserve Bank of India; Subject to foreign currency
exchange risk Not FDIC insured; Other account terms and conditions
apply |
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1Once
you open the Rupee Checking Account in India, you can issue a Demand
Draft/ Pay Order by using our Internet Banking facility. All demand
drafts ordered are absolutely free of cost. The drafts will be issued
in India and couriered directly to the beneficiary within 2 banking
days. Your beneficiary would receive the same within 5 banking days
from the date of receipt of your instructions. This service is currently
available over 700 locations across India and there are over 324
locations in India where Citibank has courier tie-ups with. If the
location of your beneficiary is not one of the courier tie-up locations,
the demand draft would be sent by registered post. |
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2Any
conversion from one currency to another shall be at the rate of
conversion as applicable and determined by the bank as on the transaction
rate for both incoming and outgoing transfers denominated in a foreign
currency includes a commission for the conversion service.In the
absence of a special offer minimum balance required to open a Citibank
Rupee Checking Account is USD 1000 (equivalent) cheque value. |
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3Open
your account before August 31st 2009 with USD 1000 (equivalent) cheque value.
To avail the above offer and get a waiver on the minimum balance
for the next 10 years, please mention "Offer Code SC 227" while
opening the account. At the end of the waiver period, an average
monthly balance of INR 40,000 is required to be maintained in the
account to avoid levy of Service Charges (INR 400 per month). In
the absence of the special offer, the minimum balance required to
open a Citibank Rupee Checking Account is INR 40,000. Also an average
monthly balance of INR 40,000 needs to be maintained to avoid levy
of Service Charges (INR 400 per month). The charges of operating
and transacting on the Rupee Checking Account may change from time
to time based on the sole discretion of Citibank India. |
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Citibank
NA, India may use the information you submit in this page as above
for marketing analysis and/or to contact you by itself or through
carefully selected third parties, by post, telephone and other means,
including, but not limited to, text messaging, electronic mail,
originating from a Citigroup e-mail id or from nrinfo@citinriservice.com,
to highlight various products and services offered by the Citigroup
(of which Citibank India is a member) and carefully selected groups
of companies which may be of interest to you. |
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