What's the minimum initial deposit?
For Time Deposits — minimum initial deposit is US$50,000 or its equivalent in other currencies.

For Savings and Checking account — minimum initial deposit is US$5,000 or its equivalent in other currencies. 

What are the currencies available?
For Time Deposits — US Dollar (USD), Australian Dollar (AUD), Canadian Dollar (CAD), Deutschemark (DEM), Euro (EUR), Sterling Pound (GBP), Hong Kong Dollar (HKD), Japanese Yen (JPY), New Zealand Dollar (NZD) and Singapore Dollar (SGD).

For Savings and Checking accounts — US Dollar, Australian Dollar, Canadian Dollar, Euro, Sterling Pound, Hong Kong Dollar, Japanese Yen, New Zealand Dollar and Singapore Dollar. 

How do I open a new Time Deposit account?
Go to the channel "Customer Service" and click on "Open a Time Deposit". Then select the relevant Unfixed Time Deposit and its corresponding currency. The interest rate for the various deposit amounts will be displayed for your information.

To establish a new Time Deposit, simply fill in the details in the spaces provided. To credit funds into this new Time Deposit, you'd need to transfer your funds from an existing Citibank Singapore account; eg your Savings or Checking account. Note that this applies only if your source account and your new Time Deposit account are in the same currency. Before opening the account, you will be asked to key in your ATM PIN.

You can also give instructions on how you would like to handle your principal deposit and interest, upon maturity of your deposit, by clicking on the appropriate instruction provided.

To open a new Time Deposit account in a different currency from your source account, you will need to send us your instruction through "Send a Message" under Customer Services. 

How do I open a new Savings or Checking account?
Go to the channel "Customer Service" and click on "Open a Savings Account" or "Open a Checking Account".

Complete the relevant spaces provided with details of the new account. To credit funds into this account, you can choose one of the following ways: transfer from an existing Citibank Singapore account, send a check or draft or via telegraphic transfer.

You should also indicate the signature requirements for this new account: Single, Joint — anyone to sign or Joint — all to sign. 

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