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- Fees and Charges
View all detailed fees and charges on one consolidated page here easily and conveniently.
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) | Default interest rate | ||
| Housing Loan / FlexiHome Loan / Shophouse Loan | One per cent (1%) per annum above the prevailing interest rate shall be chargeable on the outstanding amount upon 3 months loan instalment past due | This default interest shall be payable on demand | |
| Homecredit / Mortgage Power / Business Power | Six point six five percent (6.65%) per annum above the base rate shall be chargeable on the outstanding amount if your account is 3 months past due | This default interest shall be payable on demand | |
| 3) | Processing Fees | ||
| a) RM 25,000 (Low Cost) and below | Waived | ||
| b) Above RM 25,000 to RM30,000 | RM50.00 | currently waived | |
| c) Above RM 30,000 to RM100,000 | RM100.00 | currently waived | |
| d) Above RM100,000 | RM200.00 | currently waived | |
| 4) | Early Termination Fee | Fee: Up to 3% of total original loan/financing amount. | |
| The holding period is up to 3 years from date of full drawdown. | |||
| For Partial and Zero Cost cases, in the event you abort / terminate / cancel the loan/ financing at anytime during the period between the acceptance of the Letter of Approval and disbursement of the loan/ financing, you are required to reimburse us for the fees and expenses incurred by us in the preparation of the security documentation. | |||
| 5) | Overdrawn Line Fees | Six point six five per cent (6.65%) per annum above the base rate of the overdrawn amount | |
| 6) | 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 | Only applicable to home loan / financing (for individuals) | |
| (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. | |
| 7) | Account Set-up Fee | RM200.00 per account (one time fee) | |
| 8) | 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 |
| 9) | Transaction Fees | RM2.00 per cheque | After a maximum of 10 cheque transactions per month for Citibank Homecredit and 30 cheque transactions for Citibank Business Power. |
| 10) | Citibank Debit & ATM Card
|
RM8.00 per card | |
| 11) | Cheque book | RM7.50 per cheque book of 50 leaves (RM0.15 per leaf) |
A processing fee of RM0.50 per leaf will be imposed with effect from 2 January 2015. |
| 12) | Local Managers Cheque (MC) | ||
| RM2.00 | Per cheque issuance | ||
| RM0.15 | Stamp duty per cheque issuance | ||
| RM0.50 | Processing fee per cheque issuance (Effective 2 January 2015) | ||
| 13) | Collections - Delinquent accounts | ||
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Actual cost charged to customer | ||
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| 14) | Ready Credit | ||
| New cheque book | RM7.50 per cheque book of 50 leaves | ||
| Card replacement fee | RM8.00 for replacement of lost/damaged CRC VISA Debit & ATM | ||
| Stop payment instruction |
RM10 per instruction if sufficient fund RM100 per instruction if insufficient fund |
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| Dishonoured cheque (due to insufficient funds) | RM100 per dishonoured cheque | ||
| Interbank GIRO outgoing transaction fee | |||
|
RM0.10 per transaction | ||
|
RM0.10 per transaction | ||
| Overseas transaction fee (CRC VISA Debit & ATM Card transactions only) | 1% on local currency equivalent of overseas transacted amount | ||
| ICC network fee | RM10 for every successful withdrawal overseas at non Citibank ATM | ||
| Inward returned cheque | RM1.70 postage | ||
| MEPS Shared ATM withdrawal charges | RM4 is charged for every successful withdrawal or transfer at MEPS Shared ATMs nationwide | ||
| Cheque book delivery fee | RM2.50 postage | ||
| Citibank Ready Credit - Early Termination Fee | RM200 or 3% of the outstanding balance in CRC account, whichever is higher, will be imposed if termination of CRC account is performed within 12 months from the date of welcome letter | ||
| Balance Transfer via Instalment Plan (BTI) - Early Settlement Fee | RM 100 early settlement fee will be imposed on each BTI if cancellation is performed before reaching half of the BTI tenure committed | ||