Living Abroad

Guide to Citibank NRI Account Services, and your alternatives

Aman Saxena

18.03.24 (last updated)

Read time 1 minute

Citibank India used to offer NRI account services, but they do not anymore. Citibank used to offer NRE/NRO accounts services. But Citi India's consumer banking customers are now served by Axis Bank.

Our Guide to Axis Bank NRI Accounts

⚠️ Citibank announced in spring of 2021 that it will be exiting from it’s Indian retail banking business, along with other countries in Asia and Africa.¹

Save when sending money abroad with Wise

Wise offers a fast, easy, and low-cost way to send money directly to NRI bank accounts in India.

Transparent Fees: Wise has a clear fee* structure, so you'll always know exactly how much your transfer will cost.
Mid-Market Exchange Rates: Get the exchange rate you see on Google, unlike the marked-up rates offered by banks.
Fast Transfers: Funds can often arrive within minutes on popular transfer routes. (Transaction speed claimed depends on individual circumstances and may not be available for all transactions.)

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Beyond Transfers: Simply your NRI financial life with Wise

Wise offers an convenient alternative to banks for global expats with roots abroad. Take a look at the Wise multi-currency account available for residents living in supported countries. Enjoy an account as worldly as you are and spend just like a local when you travel abroad with a linked debit card, while also paying less in fees.

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Doing business abroad?

Check out Wise Business Account that helps you save on international transfers with transparent low transfer fees and mid-market exchange rate.

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.