Citibank of Australia is a part of Citigroup, one the world’s leader financial services provider. Citibank started business operations in Australia in 1985 as a first foreign bank granted a banking licence.
The list of Citibank partners include: Wide Bay Australia Ltd., IMB Building Society, Credit Union Services Corporation, BP, Bank of Queensland, Suncorp Bank, Emirates and Virgin Money.
The group offers day to day money management services such as: current and saving accounts, term deposits, foreign currency accounts and international money transfers and a wide selection of Citibank credit cards as well as lending products, such as: personal, ready and business credit.
Citibank offers mortgages for first time home buyers and for investments property purchase.
A comprehensive selection of investment products includes: managed funds, structured products, superannuation, term deposits and foreign currency accounts.
The offer is complimented by insurance products covering general and personal insurance and repayment protection.
Citigold Australia is a line of financial and banking services addressed to customers having at least A$ 100,000 in deposits and investments with Citibank. Benefits available for Citigold clients include: an assistance and help of a personal Relationship Manager, no monthly fee on selected transaction and savings accounts, no application fee on all mortgages, 50% discount on Financial Plan preparation fee, preferential rates on Foreign Exchange transactionsand many others.