Citibank Malaysia - Fees And Charges

View all detailed fees and charges on one consolidated page here easily and conveniently.

Wealth Management
Credit Cards

Loans & Financing
Corporate Fees & Charges

Wealth Management

	Types of Charges	Amount / Rate	Remarks
1)	Deposit Accounts
	Basic Checking Account	RM10.00	Each half year when average balance is less than RM1,000 during the half year
	Basic Savings Account	NIL	No maintenance fee
	Checking Account-i	RM15.00	When monthly average balance is below RM5,000.00
	Citibank Premium Checking (CPC)	RM15.00	When monthly average balance is below RM5,000.00
	Citibank Step-Up Interest Account	RM10.00	When monthly average balance is below RM2,000.00
	E-Account	RM15.00	When monthly average balance is below RM500.00
	Citigold	RM80.00	When the monthly minimum balance falls below the balance requirement
2)	Dormant Account	RM10.00	Per year if account balance is above RM10.00 If balance is below RM10.00, account will be closed and balance is absorbed.
3)	Interbank GIRO Transfer	RM0.50	Per transaction
4)	Early Closure of Account	RM10.00	If account is closed within 3 months from account opening
5)	Cheque Books	RM7.50 per cheque book of 50 leaves ( RM 0.15 per leaf )	For Individual Checking accounts
6)	Citibank Debit & ATM Card - New Application - Replacement of Lost or Damaged	RM8.00	Not applicable to Citigold members
7)	MEPS (MEPS' Shared ATM Network)	Citibanking: RM4 per transaction	Cash withdrawal
		Citibanking: RM4 per transaction	Interbank Funds Transfer
		Free	Citibank Checking/Savings Account Balance Enquiry Balance enquiry
		Citigold: RM4 rebate (per transaction) for 1st 4 transactions each month. Subsequent transaction(5th transaction onwards) - RM4 per transaction	Cash Withdrawal or Interbank Funds Transfer
		Free	Citibank Checking/Savings Account Balance Enquiry
		Citibank At Work: RM4 rebate (per transaction) for 1st 2 transactions each month. Subsequent transaction(3rd transaction onwards) - RM4 per transaction	Cash Withdrawal or Interbank Funds Transfer
			Cash Withdrawal or Interbank Funds Transfer
		Free	Citibank Checking/Savings Account Balance Enquiry
		Citibank At Work - Citigold: RM4 rebate (per transaction) for 1st 4 transactions each month. Subsequent transaction(5th transaction onwards) - RM4 per transaction	Cash Withdrawal or Interbank Funds Transfer
			Cash Withdrawal or Interbank Funds Transfer
		Free	Citibank Checking/Savings Account Balance Enquiry
		Ready Credit: RM4 per transaction	Cash Withdrawal
		Ready Credit: RM4 per transaction	Interbank Funds Transfer
		Free	Account Balance Enquiry
8)	ICC Network Fee	RM10.00	For every successful withdrawal at a non-Citibank ATM overseas
9)	Interbank Lcy via RENTAS
	i) Outgoing	RM5.00	For Retail Banking Customers
	ii) Incoming	NIL	For Retail Banking Customers
10)	Inward returned cheques on insufficient Funds	RM100.00	As per ABM rules and regulations
11)	Inward Return cheques on staled dated cheque	Nil	Nil
11)	Inward Return cheques on staled dated cheque	RM1.30	Postage charge
12)	Outward Return cheques	Nil	As per ABM rules and regulations
13)	Standing Instruction	RM2.00	For internal individual Current A/C
		RM5.00	For external individual Current A/C
		RM8.00	For internal/external Corporate A/C
		RM0.15	Stamp Duty
		RM1.30 RM0.30	Postage charge for registered mail Postage charge for ordinary mail
		RM5.00 per transaction	Unsuccessful Standing Instruction due to insufficient fund
14)	Unsuccessful Standing Instruction due to insufficient fund	RM5.00	Per transaction
15)	Foreign Currency Account Pre-termination Charges on Foreign CCY Time Deposit contract	1% p.a.	If a foreign currency deposit is withdrawn before maturity, no interest will be paid and there will be a penalty of 1% p.a. based on the number of days remaining until maturity. This will result in a loss of the principal amount.
15)	Foreign Currency Call A/C	USD10.00 or equivalent	When monthly average balance is below USD3,000 or its equivalent
16)	Safe Deposit Box (SDB) (Note: Subject to availability)	RM120.00	Per annum for Small SDB (5in x 5in x20in )
		RM170.00	Per annum for Medium SDB (3in x10in x20in)
		RM220.00	Per annum for Large SDB (5in x10in x20in)
		RM320.00	Per annum for Extra Large SDB (10in x10in x20in)
17)	Direct Payroll Payment	RM4.00	Per employee
18)	Citibank Share Financing Custodial Services
		0.5% of net dividend received	Minimum flat fee of RM2.50 and maximum of RM50.00
	Handling of Bonus, Share Split and capital Reduction/Consolidation	Nil
	Handling of subscription of Rights, Conversion of Derivates, General Offer, Voluntary/mandatory General Offer, Cash Offer, Cash Distribution, Capital Repayment and Replacement Warrant	RM30.00	Per exercise
	Execution of Proxy Form	RM10.00	Per proxy;
	Transport/courier charges	RM10.00	Per application Rights subscription / conversion derivatives / cash offer exercise subject to RM10.00 courier charges.

Charges for ad-hoc services

	Types of Charges	Amount / Rate	Remarks
1)	Stop Payment nstruction	RM10.00 RM10.00	Per instruction with sufficient funds Per instruction with insufficient funds
2)	Bank Draft
	i) Draft	RM5.00	Per draft for all WORLDLINK drafts
	i) Draft	RM2.00	Commission fee per draft for all WORLDLINK drafts equivalent amount < RM5,000
	ii) Cancellation of Draft	NIL	No charge
	iii) Stop Payment of Draft (For WORLDLINK drafts ONLY)	USD15.00 RM10.00 RM10.00	Per draft Commission fee per Letter of Indemnity Stamp Duty Per Letter of Indemnity
	iv) Retrieval / Photocopy of Drafts	USD10.00	Per draft for WORLDLINK drafts
3)	Managers Cheque (MC)
	i) Local Managers cheque	RM2.00 RM0.15	Per cheque Stamp duty per cheque
	ii) Stop Payment of MC	RM10.00 RM10.00	Commission fee Stamp duty
	iii) Cancellation of MC	RM2.00	Per cheque with presentation of physical cheque required - except for MIH & MIDF issuance
4)	Telegraphic Transfer (TT)
	i) Outgoing TT	RM10.00	Per TT
	ii) Incoming TT	RM2.00	Payment by credit to customer's a/c
5)	Citibank Global Transfer (CGT)	Citibanking: USD10 per transaction	Outgoing Transfer
		Citigold: Free	Outgoing Transfer
		Citibank At Work - Citigold: Free
		Citibank At Work: USD5 or its equivalent per transaction	Outgoing Transfer
		Citibank At Work: USD5 or its equivalent per transaction	Outgoing Transfer
6)	Request for statement	RM5.00	Per account per month
7)	Request for Letter of reference	RM10.00	Per request
8)	Foreign Against Foreign Charges	1.5% of amount involved	For foreign currency notes bought / sold against another foreign currency notes
9)	Travellers cheque	1% Commission on amount sold & RM0.15 per cheque leaf
10)	Despatch Service	RM5.00	For KL city centre
10)	Despatch Service	RM10.00	For other service areas within Klang Valley, PJ, Shah Alam and Subang Jaya
11)	Bills and Collections
	Bills for Collection	RM10.00	Commission fee per cheque. Foreign currency cheque clearing for amount > RM 100,000
	Clean Bills Purchased	RM10.00	Commission fee per cheque. Foreign currency cheque sent for clearing amount < RM 100,000
	Clean Bills Purchased	RM10.00
	Various postage charges (for Clean Bill Purchase)	RM1.30 - RM2.10	For individual customer

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Credit Cards

	Types of Charges	Amount / Rate	Remarks
1)	PremierMiles VISA Signature
	- Annual Principal Card Membership	RM600.00 per annum

	- Annual Supplement Card Membership	Free

2)	Platinum VISA & Mastercard
	- Annual Principal Card Membership	RM600.00 per annum

	- Annual Supplement Card Membership	1st SUPPLEMENTARY CARD free SUBSEQUENT : RM150.00 per annum

	- Additional card	RM300.00 per annum

3)	Gold Visa & Mastercard
	- Annual Principal Card Membership	RM195.00 per annum

	- Annual Supplement Card Membership	RM100.00 per annum

	- Additional Second Card	RM100.00 per annum

4)	Silver VISA & Mastercard
	- Annual Principal Card Membership	RM70.00 per annum

	- Annual Supplement Card Membership	RM45.00 per annum

	- Additional second card	RM45.00 per annum

5)	Clear VISA & Mastercard
	- Annual Principal Card Membership	RM90.00 per annum

	- Annual Supplement Card Membership	RM60.00 per annum

	- Additional card	RM60.00 per annum

6)	Air Asia Mastercard Silver
	- Annual Principal Card Membership	RM70.00 per annum

	- Annual Supplement Card Membership	Free

	Gold - Annual Principal Card Membership	RM180.00 per annum

	- Annual Supplement Card Membership	Free

7)	Shell Citibank Gold Credit Card (VISA)
	- Annual Principal Card Membership	RM195.00 per annum

	- Annual Supplement Card Membership	RM100.00 per annum

8)	Cash Back VISA
	- Annual Principal Card Membership	RM90.00 per annum

	- Annual Supplement Card Membership	RM60.00 per annum

	Cash Back Gold - Annual Principal Card Membership	RM195.00 per annum

	- Annual Supplement Card Membership	RM100.00 per annum

	Cash Back Platinum - Annual Principal Card Membership	RM195.00 per annum

	- Annual Supplement Card Membership	RM100.00 per annum

9)	Giant VISA
	-Annual Principal Card Membership	RM120.00 per annum

	- Annual Supplement Card Membership	N/A

	- Additional card	N/A

10)	Choice VISA & MASTER
	- Monthly Principal Card Membership	Nil

	- Annual Supplement Card Membership	Nil

	- Additional card	Nil

11)	Citibusiness VISA Gold & Silver
	- Annual Principal Card Membership	RM200.00 per annum

	- Annual Supplement Card Membership	RM100.00 per annum

	- Additional card	N/A

12)	Fees and Charges a) Finance Charges:		Frequently Asked Questions
	i. Purchases	8.88% p.a. (daily interest) - Cardmembers with prompt payments of more than 50% of their monthly outstanding balances for 12 consecutive months	Frequently Asked Questions
		15% p.a. (daily interest) - Cardmembers with prompt payments of less than or equal to 50% of their monthly outstanding balances for 12 consecutive months
		17% p.a. (daily interest) - Cardmembers with prompt payments for 10 or more months in the last 12 months
		17.5% p.a. (daily interest) - Cardmembers who do not fall within the above categories
	ii. Cash Advance	5% of cash amount (min RM 20) and 18% per annum daily interest.

	iii. Balance Transfer	Up to 6.99%* per annum daily interest on the total Balance Transfer amount. *This may be offered at lower promotional rates for stated period.

	iv. Balance Transfer Instalment	Up to 9.9% per annum (Effective Interest Rate).	RM 100 early settlement fee will be imposed on each transaction if cancellation is performed before reaching half of the Balance Transfer Installment tenure committed.
	v. Dial-For-Cash	Up to 17.9% Effective Interest Rate per annum. Cash advance fee up to 2%.	5% of outstanding principal for cancellation/early settlement.

	vi. Flexi Payment Plan	Up to 17.9% Effective Interest Rate per annum.	5% of outstanding principal for cancellation/early settlement.

	vii. Balance Conversion	Up to 17.9% Effective Interest Rate per annum.	5% of outstanding principal for cancellation/early settlement.

	viii. Easy Payment Plan	0%

	b) Card Protection Premier	RM 98 for Individual Plan or RM 118 for Household Plan

	c) Credit Shield Plus	RM0.65 for every RM100 balance.

	d) Minimum monthly repayment	5% of [Outstanding Balance (including Finance Charges + Annual Fee + other fees and charges (if any)) - Overlimit Amount (if any)] + (Overlimit Amount) (if any) + (Non-revolving Instalments) (if any); or RM50 whichever is higher.

	e) Late Payment Charge	Effective 1 March 2012, a minimum of RM 10 or 1% of total outstanding balance as at statement date (whichever is higher), up to a maximum of RM 75.

	f) Interest free period	20 days from the statement date and applicable only for cardmember who pays in full on or before the payment due date. If cardmember opts to pay partial or minimum payment, finance charges for retail transactions will be calculated from the day transactions are posted to the card account.

	g) Conversion for overseas transactions	If a transaction is made in foreign currency, MasterCard or VISA, depending on which card is used, will convert the transaction into a Ringgit Malaysia equivalent at the conversion rate as determined by MasterCard or VISA as at the date it is processed by MasterCard or VISA. In addition, you will also pay administration costs at 1% or at such other rates as shall be determined by us for the conversion of the transactions made in foreign currencies.

	h) 1 hour replacement card	RM50.00 fee per card

	i) Sales draft retrieval	RM20 per copy

	j) Monthly statement retrieval	RM5 per statement

	k) Overlimit Fee	RM25 per month

	l) Government Service Tax	Principal Credit Card RM50.00 per card per year Supplementary Credit Card RM25.00 per card per year.	Service Tax will be imposed on card open date and subsequent card open anniversary date every year.

	m) Citiphone Credit Card statement	RM5.00 Requestvia Citiphone Officer & SSPB

13)	Citione statement	RM3.00 Request via SSPB RM5.00 Request via officer	Only for interim and previous month statement Only for previous month statements.
	Charge for retrieval/photocopy of monthly statement	RM5.00 per statement	The charge is only levied for statements which are after 2 months

	Replacement of lost card	RM 50.00 per card	The charge is only levied if the loss is caused by customer's negligence.

	Lost Card Liability	Nil	Only if customer reported lost immediately.

	Annual Fees for Passages Membership	Nil

	Legal Fees for Delinquent Accounts	Actual legal cost charged to customer

	Stamping fees on Letter of Set Off	Ad Valorem 0.5% of Credit Facility Amount	For application approved under TD Hypothecation

	Request for sales draft	RM20.00 per copy

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Loans & Financing

	Types of Charges	Amount / Rate	Remarks
1)	Late Payment Fees
	Consumer Loans/ Financing	1% p.a. on amount past due x (number of days past due/365 days) for term loans/financing on monthly basis.
	Corporate Loans	1%	Penalty interest
2)	Processing Fees
	a) RM 25,000 (Low Cost) and below	Waived
	b) Above RM 25,000 to RM30,000	RM50.00
	c) Above RM 30,000 to RM100,000	RM100.00
	d) Above RM100,000	RM200.00
3)	Early Termination Fee (applicable upon cancellation of facility after acceptance)	Fee: Up to 5% of total original loan/financing amount.
		Rate charged will vary according to product type and promotion offer. Generally, the holding period required ranges from 3-8 years from date of full drawdown.
4)	Other Charges (Ad-hoc Basis)
	(i) Security documents retrieval	RM10.00 for each document	Photocopy of security documents
	(ii) Courier Charges	RM10.00 per request	Documents couriered to customers.
	(iii) Letter of confirmation for EPF withdrawal	RM10.00 per statement with maximum charges of RM20.00 per request.
	(iv) Redemption statement	RM50.00 per request
	(v) Additional loan/ financing statement	RM5.00 per statement
	(vi) Statement on yearly interest for overdraft account.	RM5.00 per statement	Statement to confirm yearly interest charged on OD a/cs for tax purposes.
5)	Account Set-up Fee	RM200.00 per account (one time fee)
6)	Commitment Fees on Unutilised Funds	Up to 1.00% p.a. of the unutilised overdraft line, debited into account monthly, for overdraft line above RM250,000. No commitment fee for overdraft line RM250,000 and below.	Exception for : 1) Term Loan or Personal OD up to RM 250,000 2) OD with rates prescribed by BNM and loans under CGC or Bumi Community for business purposes 3) Not applicable for Homecredit
7)	Transaction Fees	RM2.00 per cheque	After a maximum of 10 cheque transactions per month for Citibank Homecredit and Citibank. 30 cheques transactions for Citibank Business Power.
8)	ATM Card	RM8.00 per card
9)	cheque book	RM7.50 per cheque book of 50 leaves (RM0.15 per leaf)
10)	Collections - Delinquent accounts
	- Legal fees	Actual cost charged to customer
	- Valuation fees
	- Auctioneer fees
	- Real Estate Agent fees

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Corporate Fees & Charges

Cash Management Services

				Charges for Electronic Instruction	Charges for Paper Instruction	Important Notes
Local Currency Outward Payment		RENTAS		MYR 5.00	MYR 8.00	For amount above MYR 10,000.
		GIRO	MYR 2.00			For amount below MYR 100,000.
		Bank Draft	MYR 2.15			Additional postage charge applies where applicable.
Local Currency Inward Transfer		RENTAS	MYR 2.00
Local Currency Inward Transfer		GIRO	Nil
In-house Transfer	MYR 2.00
Foreign Currency Outward Payment		In USD using charge mode BEN or SHA		MYR 35.00 or USD 10.00	MYR 45.00 or USD 12.00	Correspondent bank charge borne by beneficiary.
		In USD using charge mode OUR		MYR 70.00 or USD 20.00	MYR 85.00 or USD 25.00	All-in fee covering local and correspondent bank charge.
		In all foreign currencies other than USD		MYR 35.00 or USD 10.00	MYR 45.00 or USD 12.00
		In Bank Draft	MYR 2.00			Waived for amount equivalent to MYR 5,000 and above. Additional postage charge applies where applicable.
Foreign Currency Inward Transfer	MYR 2.00				Waived if the fund is in the same currency with the account to credit.
Stop Payment		House cheque	MYR 10.00
		Bank Draft in MYR	MYR 10.00			If original draft is not returned, an additional charge of MYR 10.00 stamping fee applies.
		Bank Draft in foreign currency	MYR 20.00			If original draft is not returned, an additional charge of MYR 10.00 stamping fee applies.
cheque Book (50 leaves)	MYR 14.00				Additional postage charge applies where applicable.
Current Account Service Charge	MYR 10.00				Semi annual charge, if average balance is less than MYR 1,000.
Foreign cheque deposit		Drawn on domicile country of the cheque currency	MYR 10.00			Additional postage charge applies where applicable.
Drawn on a country other than the domicile country of the cheque currency	0.1% of the cheque amount				Subject to minimum of MYR 5.00 and maximum of MYR 100.00. Additional postage charge applies where applicable.
CitiDirect® Online Banking			MYR 300.00			Monthly service fee.

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Trade Services and Finance

	Types of Charges	Amount / Rate
Import Letter of Credit (LC) Issuance	Handling fee: 0.1% of LC Amount for each month (or part of the month).	Minimum MYR 50.00
Local Currency Collection	Handling fee:	Minimum MYR 50.00
	For increase of amount or expiry date: 0.1% of LC Amount for each month (or part of the month)
	For other amendments: MYR 10.00
Import Bills under LC	Acceptance Commission: 0.1% of Bill Amount for each usance month
	Commission in lieu: MYR 50.00
Import Bills Collection	Collection Commission: 0.1% of Bill Amount Commission in lieu: MYR 50.00	For Collection Commission: Minimum MYR 50.00

LC Advising or LC Amendment Advising	Flat fee of MYR50 plus any applicable postage charges
Export Bill Collection	Collection commission: 0.1% of bill Amount Commission in lieu: MYR 80.00 (for foreign currency bill with no foreign exchange conversion at Citibank) Postage and/or cable where applicable	For collection commission: Min MYR 50.00 equivalent

Export Bill Negotiation (Sight) / Export Bill Discounting (Usance)	Handling commission: 0.1% of bill amount Commission in lieu: MYR 80.00 (for foreign currency bill with no foreign exchange conversion at Citibank) Postage and/or cable where applicable	For handling commission: Minimum MYR 50.00 equivalent Postage and/or cable where applicable

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