| 1. |
Transfer
within Citibank accounts are NOT ALLOWED in the following
cases:
- Peso to Dollar transfers
- Transfers to and from a blocked
account.
|
| 2. |
Please take note
of the type of source accounts which you may use for the
following transfers:
- Transfer to Another Bank
- source account may be a Peso or a Dollar account.
- Transfer Money Abroad - source
account should be a Dollar account.
|
| 3. |
A maximum
daily limit, per banking day, of USD 3,000 or its Peso
equivalent is set for transfers to third party accounts.
This is to further safeguard your security. Please note
that this limit does not apply for same account transfers.
|
To further illustrate,
the limit applies to the following transactions:
- Transfer to Another Citibank
Account in the Philippines
- Transfer to Another Bank
in the Philippines
|
This limit
also applies to payment of your bills using the Pay My
Bills facility under Transfers and Payments.
|
| 4.
|
Transfers
to a local bank or to a bank abroad is processed within
2-5 banking days.
|
| 5. |
Fees imposed on Transfers
are the following:
- Transfer to Another Bank
in the Philippines
- Peso Transfer - PhP 100
- Dollar Transfer - transfer amount x 0.0025, minimum
of USD 20.
- Transfer Money Abroad - cable
charge plus commission:
- Cable Charge - PhP600
- Commission - transfer amount x 0.0025, minimum of
USD 20.
|
| Fees charged by Citibank
branches for transfers done at the branch are the same
with Citibank Online. |
