Whether you’re a student studying abroad or someone managing finances across borders, sending money securely and quickly is a top priority. Citibank makes this easier with its Online Wire Transfer Services. From domestic transactions to international transfers, Citibank provides a reliable, secure, and flexible solution to move your money around the world.
In this blog, we’ll break down how Citibank’s online wire transfers work, the associated fees, limits, and key security tips to help you make informed decisions.
| Key Takeaways |
| Citibank’s online wire transfer service is a secure and fast way to send money locally or globally. |
| There are no fees for foreign currency wires online—even for standard accounts. |
| Limits and fees depend on your account type, with Citigold and Priority clients enjoying more perks. |
Table of contents
What is CitiBank Online Wire Transfer?
An online wire transfer is an electronic way of sending money from your Citibank account to another bank—either in the U.S. or internationally. It’s fast, secure, and can be done directly through Citibank Online or the Citi Mobile App.
Why You Should Choose Citibank to Transfer Money?
Many people wonder why they need to prioritize Citibank over the other money-transferring options. To ease their confusion, here are a couple of benefits of transferring money through Citibank:
Citibank’s wire transfer service is perfect for you if:
- You want to send money to a U.S.-based financial institution.
- You need to transfer funds to a bank account in another country.
- You’re looking for a quick, secure, and trackable way to send money globally.
Also Read: How Can You Pay Student Loan While Working Abroad?
How Many Options are there to Transfer Money Through Citibank?
Citibank offers two different types of money transfer options for their clients and customers. The first one is Citibank Global Transfers, and the other one is the Online Wire Transfer Services.
Keep in mind that you need to make a choice as per the Citibank account you have. Not to mention, the location to which you’re sending the money will also have a massive impact.
Citibank Global Transfers
Whether you want to send money across the state or internationally, Citibank Global Transfers is one of the most effective ways for people who want to send money from their savings, checking, or money market accounts.
Apart from the United States, the services are also available in other countries such as Poland, China, Indonesia, India, Australia, Thailand, the United Kingdom, Singapore, Vietnam, Mexico, Malaysia, Korea, and many more.
This option will also prove super beneficial if you want to send money to someone who already has a Citibank account.
Online Wire Transfer Services
This is another money transfer option from Citibank that you need to consider. This option is perfect for people who have a Citibank account but want to send money to someone who doesn’t have an account on Citibank.
Thanks to this option, people will be able to either send money one time or follow the recurring process. If you don’t know the perfect process of transferring money with the help of this option, consider checking their website where they have a detailed guide.
Also Read: What is Domestic Wire Transfer?
CitiBank Global Transfers
Citibank Global Transfers is a convenient service that allows you to transfer money between Citibank accounts in the U.S. and select countries, completely free of charge.
You can send funds online through Citi Online or the Citi Mobile App from your Citibank checking, savings, or money market account.
One of the best features of Citibank Global Transfers is that there are no fees involved:
| Transfer Type | Fee |
|---|---|
| Incoming Transfers | Free |
| Outgoing Domestic Transfers | Free |
| Outgoing International Transfers | Free |
Citibank Global Transfers are available to Citibank accounts in select countries. To find the full list of supported countries, you can log into your Citi Online account or visit Citibank’s official website.
Popular countries often include:
- U.S.
- India
- Philippines
- Mexico
- Australia
- Singapore
(Availability may vary based on local banking regulations)
How to Set Up a Citibank Global Transfer?
Here’s how to get started:
- Enroll by reviewing and accepting the Online Funds Transfer Agreement on Citi Online.
- Enter the recipient’s name and Citibank account number.
- Review the details and confirm your transfer.
- Once processed, funds are automatically debited and sent to the recipient’s Citibank account.
Transfers can be done using Citi Online or the Citi Mobile App—anytime, anywhere.
Transfer Limits Based on Account Type
Citibank Global Transfer limits vary based on your account type. Here’s a breakdown of daily and weekly limits:
Daily Transfer Limits
| Account Tier | Citi Online & Mobile |
|---|---|
| Standard | $50,000 |
| Citi Priority | $75,000 |
| Citigold | $100,000 |
| Citigold Private Client | $100,000 |
Weekly Transfer Limits
| Account Tier | Weekly Limit |
|---|---|
| Standard | $50,000 |
| Citi Priority | $100,000 |
| Citigold | $150,000 |
| Citigold Private Client | $500,000 |
How Much Do You Need to Pay for a Wire Transfer?
The wire money transfer fee of Citibank will depend on multiple factors such as the type of wire transfer you choose as per your needs. If you have plans to send money to another Citibank account across the state or internationally, you don’t need to pay anything for the service.
If you’re looking for ways through which you can transfer money without paying a significant amount of fees, consider Fly Finance.
However, if you send money to a non-Citibank account holder, you will need to pay certain fees. The fees of the wire transfer will vary depending on the account package you choose.
| Account Type | Domestic Wire Fee | International (USD) Fee | International (Foreign Currency) | Daily Transfer Limit |
|---|---|---|---|---|
| Standard | $25 | $35 | Waived | $50,000 |
| Citi Priority | $17.50 | $25 | Waived | $500,000 |
| Citigold / Private Client | Waived | Waived | Waived | $500,000+ |
Incoming wire fees:
- Standard account: $15
- Priority and higher: Waived
Please note that Foreign currency transfers are limited to $500,000 per transaction when initiated online.
International Account Options
Citibank also provides specialized services for international clients with different fee structures and higher limits—ideal for global professionals and students managing large transactions.
| Account Type | USD Wire Fee | Foreign Currency Fee | Daily Limit |
|---|---|---|---|
| Citi International Personal | $30 | Waived | $250,000 |
| Citi Global Executive Preferred | Waived | Waived | No limit |
| Citigold International | Waived | Waived | No limit |
What are the Transfer Limits?
This is one of the most important things you need to know about Citibank international wire transfers. The transfer limit of Citibank will depend on the account you have.
For instance, if you choose a Citigold package, you won’t be able to send more than $2,000 daily. On the other hand, Citibank’s global transfer service has a limitation of $5,000 daily. Not to mention, the transfer limit will also change if you want to send money to a non-Citibank account user.
Depending on your intention of either selling or purchasing a currency, the exchange rate of Citibank will also depend. Consider checking the website of the bank to know more about the currency exchange rates.
Must Read: What is SWIFT Wire Transfer?
FAQs
Citibank Online Wire Transfer is a digital service that allows you to send money domestically or internationally from your Citibank account using Citi Online or the Citi Mobile App. It’s secure, fast, and ideal for global money transfers.
Citibank offers two key options:
Citibank Global Transfers – For transferring money between Citibank accounts worldwide.
Online Wire Transfer Services – For transferring money to non-Citibank accounts, both domestically and internationally.
No. Citibank Global Transfers are free of charge for both domestic and international transfers between Citibank accounts in supported countries.
Fees vary based on your account type:
Standard account: $25 (domestic), $35 (international in USD), waived for foreign currency.
Citi Priority: $17.50 (domestic), $25 (international in USD), waived for foreign currency.
Citigold / Private Client: All fees waived.
Standard: $50,000
Citi Priority: $75,000 (Global Transfers), up to $500,000 (Wire Transfers)
Citigold & Private Client: Up to $100,000 (Global Transfers) or more depending on service type.
You need to:
Log in to Citi Online and accept the Online Funds Transfer Agreement.
Enter the recipient’s name and Citibank account number.
Confirm the details and submit the transfer.
Popular countries include the U.S., India, Mexico, Australia, Singapore, Philippines, UK, and more. Availability may vary based on local banking regulations.
You’ll need:
Recipient’s name
Recipient’s bank name and location
SWIFT/BIC code
Recipient’s account number
Yes, Citibank offers special international accounts (like Citigold International and Citi Global Executive Preferred) with higher limits and waived fees for foreign transactions.
To learn more about bank accounts for students, the best education loans, forex, banking experience for global students, or international money transfers, reach out to our experts at 1800572126 to help ease your experience with studying abroad.
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