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Fund Transfer

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Fund Transfers that give you peace-of-mind. Log on to Citibank Online, call 24-hour CitiPhone Banking Service on +971 4 311 4000 or visit your nearest Citibank Branch for a convenient banking experience.

 
Types of transfersForeign currency transfersGetting StartedGetting Started
Transfer in AED to another account in UAE
Do you need to make payments for your Child’s Tuition Fee, your Rent or any Outstanding Loans to another account in the UAE?
Use Citibank now to make any of these payments at your own ease with a click of a button.

See Online Demo on How to Transfer in AED to another account in UAE

Make Utility Bill Payments
With Citibank Online banking, you can save time and stay in control of any bills that you pay regularly – be it Utility Bills, Credit Card Bills or any Other Payments (including SALIK, DU & Etisalat). We will prepare a Payee List for you, which will allow you make to payment easily, whenever you want, all at the touch of a button.
Kindly note that relevant details are always checked with you before you confirm payment.
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Make Multiple Payments
You can now set up a standing instruction and arrange to make multiple scheduled payments for meeting any future payment needs you may have.

See Online Demo on How to Make Multiple Payments

Transfers in Foreign Currency to an account in UAE or outside UAE
Whether there is a requirement to make Foreign Currency Transfers for Investments, Savings, Home Remittance or Mortgage Payments, use Citibank to make these transfers and avail premium services at all times.

See Online Demo on How to Transfer Foreign Currency to an Account In UAE or Outside UAE

Transfer to your Citibank Accounts outside the UAE
Your money is always on-the-move.
Need to transfer funds from the UAE to the UK? This service lets you transfer money in real-time from your Citibank Account to other Citibank Accounts abroad.
This feature is perfect for you, if:
  • You want to transfer money to a Citibank Account in the UAE or in another country
  • You require convenient and swift access to your funds and cash
Transfer Funds between your own Citibank Accounts in the UAE
Do you need to transfer funds within your own Citibank Accounts in the UAE, from one currency account to another?
You can easily buy and sell any currencies and transfer funds between your own accounts instantaneously, while availing competitive foreign exchange rates. This can be done at your convenience and just at the click of a button.

See Online Demo on Transfer Funds between your own Citibank Accounts in the UAE

 

Disclaimer :

Please carefully review the details before you submit the instruction. In the event you submit the instruction with incorrect information, the transaction cannot be reversed.

 

For transactions that require a currency conversion, Citibank will use foreign exchange rates applicable at the time of processing the transaction. Please note that a foreign exchange spread will also be applied on to the transaction amount.

Once the transaction is confirmed it will be processed on the transfer date you selected, subject to: (i) availability of funds (ii) compliance with Citibank terms and conditions (iii) provision of all necessary information required to complete the transfer and (iv) receipt of the transfer request prior to cut off time of the selected currency.

If you place a request for  transfer through the branch or via fax  after the cut-off time of the selected currency, the transfer amount will be debited on the next working day at the prevailing exchange rate applied on that day.

If you place a request for transfer through Citibank Online after the cut-off time of the selected currency, the transfer amount will be debited immediately at the closing exchange rate of the selected currency for that day.

Transfers received in relation to  currencies whose currency centers are closed will be processed on the next working day of the respective currency center. Please note that no interest will accrue on the transfer amount from the date it is debited from your account.

Citibank will debit any applicable charges and/or commissions in accordance with the Schedule of charges. The charges may be revised from time to time at the discretion of the Bank. For details on the fees and charges, please click here.

You may be unable to obtain full value for a funds transfer on account of exchange restrictions or other restrictions applicable in the country of payment  or due to the fees and charges of the paying bank.

Citibank will not be held liable for any delay or any loss in fund value.

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