Foreign Exchange is easy
Citibank® offers foreign exchange wire transfers and drafts to enable you to affect your payments to suppliers or, to receive payments from your overseas clients. This service includes all hard currencies on which there are no U.S.A. government restrictions.
We offer you the following services:
Indicative quotes are provided by phone, via fax or by e-mail. Payment for the purchase of the currency needs to be done in immediately available funds on trade date.
Currencies are negotiated value “spot” and are delivered according to written instructions from the client. These instructions must be provided on purchase date of the currency.
We also offer "forwards" (purchases with future value).