Citibank Global Wallet
With international travel
becoming commonplace, travelers can now access eight currencies in one Debit
Mastercard with Citibank Global Wallet, a new feature which allows customers to
make purchases overseas at point-of-sale or online, and withdraw cash from Citibank
ATMs without incurring additional currency conversion charges.
Citi is the first bank in
the Philippines to introduce this feature, linked to the Citigold and Citi
Priority Debit Mastercard. Customers now have access to eight foreign
currencies, including Philippine Peso, US dollar, Euro, Australian Dollar,
Sterling Pound, Japanese Yen, Hong Kong Dollar and Singapore Dollar.
“Citibank Global Wallet is
a key feature embedded in the Citi Mobile App. Clients looking for greater
convenience can enable this feature. It is hassle free and worry free,” said
Citi Philippines Consumer Business head Manoj Varma.
With the Citi Mobile® App or Citibank Online, existing Citigold and
Citi Priority bank account holders can turn on Citibank Global Wallet and open an
account in any of the eight foreign currencies in an instant. To fund their
newly opened foreign currency account, they can transfer funds online from
their existing US dollar or Euro account. Citibank Global Wallet automatically
switches to the relevant currency. So if a customer is travelling to Sydney,
all point-of-sale, online transactions and overseas ATM cash withdrawals will
be automatically debited from their Australian Dollar account as long as there
is sufficient balance.
Citi Philippines Retail
Bank head Therese Chan explained, “Citibank Global Wallet is perfect for travelling
overseas, making online purchases and transferring foreign currencies for payments.”
“Customers don’t have to
go all the way to a bank or to a money changer to exchange foreign currency
before a trip. They don’t even have to worry about bringing a big amount of
cash with them. They can use the wallet anytime, when visiting family or friends
in those countries, or whether travelling for business or for leisure,” said
Chan.
Citi is offering a welcome
gift of up to $5,000 cash credits
for customers who open a banking relationship today.
Learn more about Citibank
Global Wallet by visiting citibank.com.ph/citibankglobalwallet.
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