Wire transfer charges of Citibank

In the U.S., the average cost for transfer fees ranges from $0 to $50. The cost for outgoing domestic wire transfer fees varies from $0 to $35, whereas international outgoing wire transfer fees range anything from $35 to $50. Based on the type of account, these fees will vary. Citibank charge $25 for outgoing domestic wire transfer, $35 for outgoing international wire transfers, and $15 for incoming wire transfers. Using Citibank’s account, one can wire transfer money to non- Citibank accounts all around the world. There is also a limitation on the amount of transfer that can be done per day and per week.

How to send money using a wire transfer?

  1. Choose a bank that will do the transfer for you. There are many banks that offer wire transfer services, so it is important to choose one that you trust.
  2. Fill out the necessary forms and paperwork with your bank. This will include information such as your account number, the recipient’s account number, and the amount of money you want to send.
  3. Send the money using your bank’s wire transfer service. Once the money has been sent, wait for confirmation from your bank that the transfer has gone through successfully. ..

-Credit cards -Debit cards -Prepaid cards -Airlines -Hotels -Car rentals The transfer charges are based on the account type and the amount of money that has been spent. Some of these account types are: -Credit cards: $0.50 per dollar spent -Debit cards: $0.25 per dollar spent -Prepaid cards: $0.10 per dollar spent -Airlines: $0.25 per mile flown -Hotels: $1.00 per night
-Car rentals: $2.00 per hour

Citigold Private Client - For this type of account, the domestic and international transfer fees are waived for both incoming and outgoing. There is also no limit for transfers that are made in U.S. dollars. Citi Priority - For this account type, outgoing domestic transfer fees are charged as $17.50, and outgoing international wire transfer fees are $25. Incoming wire transfer charges are waived, and there is no limit for transfers that are made in U.S. dollars. Citigold International Account - For outgoing domestic transfer fees is charged as $10.00, and outgoing international wire transfer fees are $10.00 for these account holders. The incoming transfer fee is waived off. There is no limit for transfers made in U.S. dollars. Citi International Personal Account - This account charges outgoing domestic transfer fees of $18.75, and outgoing international wire transfer fees are $30.00 for these account holders. The incoming transfer fee is waived off . There is a limit of $250,000 per business day for transfers made . Citi Global Executive account - For this account type, outgoing domestic transfer fees are charged as $18 . 75 , and outgoing international wire transfer fees are $30 . Incoming wire transfer charges are waived , and there is a limit of $250 , 000 per business day for transfers made . Citi Private Bank (Citibank account package) – For this type of account, the domestic and international transfer fees are waived for both incoming and outgoing . There is a limit of $50,000 per business day for transfers made . Citi Private Bank (Citigold account package) – For this type of account, the domestic and international transfer fees are waived for both incoming and outgoing . There is a limit of $200 , 000 per business day for transfers made . Other accounts – For all ..

Limitation on wire transfer

There are various packages under which the accounts are classified. These accounts have certain limits on them per day as well per week. This limitation can be extended to requests made in the bank. For Citigold Private Client, its daily online limit is $100,000, and its weekly limit is $500,000. Citigold Account has a $100,000 daily limit, and $150,000 is the weekly limit. Similarly, Citi Priority Account’s daily online limit is $75,000, the weekly limit is $100,000, and Citibank’s Basic Banking Account limit is $50,000 daily and weekly.

Conclusion

Citibank charges a wire transfer fee. This fee is sometimes waived off for certain accounts like Citigold private clients, Citi Alliance, Citigold, and so on. Some of the accounts like Citi Priority, Citigold International Account, and Citi global Executive Account charges for both outgoing wire transfer fees. For all other accounts, both incoming and outgoing wire transfer fee is charged. There is also a certain limit for transferring the money also. These limitations are on a daily as well as weekly basis. Wire transfer is a simple money transferring medium. Basically, this transfer can range from $0 to $50 at max.