Experience peace of mind as you instantly transfer funds safely between your Citibank accounts, to another Citibank account, or to another local or foreign bank. Transfer funds without going to the branch. Simply register and activate your payees with the Online Activation code sent via SMS to your mobile number. Scheduled Funds Transfers: Set up scheduled payments or transfers for recurring transactions. Define the amount, effectivity, and frequency of your payments according to your needs. The Online Activation Code (OAC) is an additional security feature that allows transferring funds to another Citibank account in the Philippines, to another bank in the Philippines and to any account abroad. With OAC, pre-enrollment and activation of your third party beneficiaries are required prior to your first funds transfer transaction.