FOREIGN CURRENCY TERM DEPOSITS

Foreign Currency Term Deposits.

Foreign Currency Term Deposits.

As part of the Citibank Multi Currency Account, you can guarantee your returns through a term deposit in ten different currencies.

Benefits
  • Guaranteed returns on foreign currency.
  • Choose a term up to 12 months.
  • Available in 10 currencies.
  • Interest calculated daily and paid on maturity.
Features

Flexibility

Minimum opening balance Equivalent of AU $10,000 in corresponding currency.
Monthly account keeping fee $0
Funds at call

Interest

Interest earned View rates
Interest paid At maturity
Calculated daily

Access

Written instructions
Phone banking
Currencies

Citibank Foreign Currency Term Deposit available in the following currencies:

  • Euro (EUR)
  • Canadian Dollar (CAD)
  • Hong Kong Dollar (HKD)
  • Japanese Yen (JPY)
  • New Zealand Dollar (NZD)
  • Pound Sterling (GBP)
  • Singapore Dollar (SGD)
  • South African Dollar (ZAR)
  • Swiss Franc (CHF)
  • US Dollar (USD)

For more information on interest rates for these currencies, please contact us on 1300 559 424, visit your local branch, or enquire online.

How to Apply

Apply now

To open a Citibank Multi Currency Account term deposit, please visit a Citibank branch

What you will need:

You will need the following information to apply for a Citibank Foreign Currency Term Deposit:

Minimum deposit: You will need a minimum deposit equivalent of AU $10,000 in the corresponding currency to open your Citibank Term Deposit.
Proof of age: You must be over 18 years of age or older.
Personal identification: You must be able to be identified in Australia at or before account opening. This includes providing two forms of identification, one of which must be photo identification at one of our branches.
Personal details: Residential address, contact details (for all account holders if applying for a joint account) and your current e-mail address.
Tax File Number (TFN): Or valid exemption - you do not have to provide your TFN, but without it we will be required to deduct tax at the top marginal rate.

Important information:

Terms, conditions and our dispute resolution process are available at www.citibank.com.au or by phone on 13 24 84.

Citibank Term Deposits products are issued by Citigroup Pty Limited (Citibank). Any advice is general advice only. It was prepared without taking into account your objectives, financial situation, or needs. Before acting on this advice you should consider if it's appropriate for your particular circumstances.