How to make an international wire transfer with Citibank

Adam Rozsa

If you’re a Citibank customer, the good news is that the bank allows both domestic and international wire transfers. But just how easy is it to set up, and how much does it cost?

We’ll cover everything you need to know about Citibank international transfers here in this handy guide, including Citibank fees.

Plus, a quick look at an alternative that could save you both time and money - Wise. Sending money internationally with Wise is safe, fast, convenient and may be cheaper compared to using a bank.

avoid-big-transfer-costs

How much does Citibank charge for international wire transfers?

The most important thing you need to know about Citibank wire transfers is how much they cost, so let’s look at this first.

Here’s your at-a-glance guide to Citibank wire transfer fees, which vary depending on the account type you have¹:

Citibank account typeDomestic outgoing transfer feeInternational outgoing transfer feeIncoming fee
CitigoldWaivedWaivedWaived
Citi Priority$17.50£25Waived
Citi Private Bank or Citigold Private ClientWaivedWaivedWaived
Citi International Personal Account$18.75$30Waived
Citigold International$10$10Waived
Citi Global Executive$18.75$30Waived
Citi Global Executive PreferredWaivedWaivedWaived
Other accounts (incl. the student-friendly Citibank Basic Account)$25$35$15
💡 The table above covers Citibank online wire transfers for personal accounts. If you have a Citibank business account, you’ll need to look into applicable fees.

Get a Wise account - and save when sending money abroad

As you can see from the table of Citibank international wire transfer fees above, sending money overseas with a bank can be pretty expensive. Luckily, there’s a cheaper solution out there.

Open a Wise account online, and you can send money all over the world for low, transparent fees.

Better still, you’ll get the mid-market exchange rate. This really matters when sending money in different currencies. Banks tend to add a markup on top of the rate whenever they convert currency, and it could make your transfer far costlier than it needs to be.

With Wise, you’ll see the fee and the exchange rate upfront, along with how much your recipient will receive and when the payment will arrive. All things considered, it can work out much cheaper than using a bank.

See how much you can save with Wise:

💡 For a one time fee, you can even order a Wise debit card for low-cost spending in over 150 countries worldwide, a great alternative to Citibank’s own card for travelling or studying abroad.

Please see the Terms of Use for your region or visit Wise fees & pricing for the most up-to-date information on pricing and fees.

What is the wire transfer limit for Citibank?

The maximum amount you can transfer per day with Citibank depends on your account type, and the currency. Let’s take a look¹:

Citibank account typeCitibank wire transfer limits
CitigoldNo limit for transfers made in US Dollars

$500,000 per-transaction limit for transfers in foreign currency.

Citi PriorityNo limit for transfers made in US Dollars

$500,000 per-transaction limit for transfers in foreign currency.

Citi Private Bank$50,000 per business day (Citibank account package)

$200,000 per business day (Citigold account package)

Citigold Private ClientNo limit for transfers made in US Dollars

$500,000 per-transaction limit for transfers in foreign currency.

Citi International Personal Account$250,000 per business day
Citigold InternationalNo limit for transfers made in US Dollars

$500,000 per-transaction limit for transfers in foreign currency.

Citi Global Executive$250,000 per business day
Citi Global Executive PreferredNo limit for transfers made in US Dollars

$500,000 per-transaction limit for transfers in foreign currency.

Other accounts$50,000 per business day

How to wire money internationally with Citibank

There are two different ways you can send money overseas with Citibank. The first is a wire transfer, which comes with a fee as above.

But if you want to avoid the fee, there’s a second option which has no transfer fees - Citibank Global Transfers. This is only for payments being sent to a Citibank account in another country.

International wire transfers

It’s pretty easy to set up an international wire transfer with Citibank Online. You’ll need to sign into your online banking, and have the recipient’s account and destination bank details ready. You’ll need¹:

  • The recipient’s name
  • Their bank’s name and location
  • Their bank account number
  • Their bank’s BIC/SWIFT code.

The other way to send a Citibank international money transfer is free, as long as you’re sending to another Citibank account. Along with the US, Citibank has a presence in 41 other countries worldwide².

All you’ll need is the recipient’s name and account number³, and you can set up and send the payment from your online banking.

International wire transfer with Citibank: How long does it take?

Citibank will usually send your international wire transfer on the same business day that you request it, as long as you do it before their cut-off time of 6:00 pm ET. If you’re making a domestic wire transfer, you have until 6:45 pm ET¹.

However, be aware that international transfers will take longer than that to reach their destination. Check with Citibank before you make the transfer to find out exactly how many days yours will take. It’s likely that Citibank will be sending your money via SWIFT transfer - a system that can take multiple business days.

How to receive money from abroad to Citibank

If someone in another country wants to send money to your account here in the US, you’ll need to provide certain details.

The most important thing you’ll need for a Citibank international wire transfer is the routing number for your account, along with your full name. But you’ll also need⁴:

  • Citibank international wire transfer SWIFT code: CITIUS33
  • The address of your Citibank branch. If you don’t know this, you can use the following Citibank address for wires: Citibank, 100 Citibank Drive, San Antonio, TX 78245.

Sources used:
  1. https://online.citi.com/US/JRS/pands/detail.do?ID=WireTransfers&JFP_TOKEN=Y4IOHUAR
  2. https://www.online.citibank.co.in/products-services/commercial-bank/global-banking/moving-overseas.htm
  3. https://online.citi.com/US/JRS/pands/detail.do?ID=InterCiti&JFP_TOKEN=9FPE0QF8
  4. https://online.citi.com/US/ag/search/fullSearch;search=receive%20international

All sources checked on 06-Jul-2022


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.

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