ABOUT US

Your SME cost

management solution

Your SME cost management solution

Citibank® is dedicated to serving with our comprehensive services. You can handle your daily payments and resources with ease. With our SME cost management solution, you can focus on managing your expenditures and maximize the potential growth of your business.

What’s more, Citibank has streamlined its account-opening process exclusively for HK-registered new start-up technology companies, so setting up a basic bank account is easier.Click here to learn more.

Act Now

Enquiry Hotline (852) 2860 0333 (852) 2860 0333 or visit your nearest Citibank® branch.

Features

Cost Savings

  • Preferential fee for inward and outward remittance1

Remittance Fee charges1 Citibanking® Citi Priority® Citigold®
Outward Telegraphic Transfers Online: Free
Branch: Not applicable		 Online: Free
Branch: HK$220		 Online: Free
Branch: HK$100
Outward local transfers Online: Free
Branch Not applicable		 Online: Free
Branch: HK$180		 Online: Free
Branch: HK$100
Inward Remittance Free Free Free

Example:

Mr. Wong owns an electronic components trading company which has business dealings with overseas and local manufacturers. They mainly use banking remittance service as a means to settle their payments. Mr. Wong handles over 200 outward remittance transactions to manufacturers and 100 inward remittance from buyers a year. Those transaction fees cost HK$46,0002.

Citigold® clients enjoy outward remittance fee as low as HK$100 and FREE inward remittance. In Mr. Wong’s case, we can help him save HK$26,000 in transaction fees a year to maximize his profit.

Convenient Access

  • General SME services with convenient document collection service at all branches until 7PM
  • 24-hour CitiBusiness® Hotline
  • Easily accessible overseas Citi and Mastercard® ATMs via Citibank Global Wallet with $0 charge by Citi.

What’s More?

Citi Commercial Bank offers comprehensive one-stop banking solutions to SMEs and mid-cap companies with an annual sales turnover of US$10 million and above.

Please click here to learn more.

Product

Cash Management

Tailor-made solutions with Banking Accounts and Transfers services for you to manage your company's cash flow with greater convenience and efficiency.

  • Full-fledged local and overseas transfer services, such as FPS, telegraphic transfers and Citibank Global Transfer.
  • Consolidated account of Checking, Statement Savings and Currency Manager

Insurance and Investment

Our Insurance products help ensure your business runs smoothly when unanticipated events occur.

  • Citibank® provides a variety of insurance products to help your company achieve ultimate objective.

We also offer you a wide range of investment products and expert advice to suit your needs.

Document Required

Documents Required for CitiBusiness® Account Opening

Principals or Directors Information
  • HKID Card or Passport of Principals or Directors in photocopy
  • Residential Proof of Principals or Directors in photocopy
Company Information
  • Valid Business Registration Certificate
  • Certificate of Incorporation*
  • Memorandum and Articles of Association*
    (With Customer’s signature)
  • Business Address Proof
  • Extra Documents for BVI Company : Certificate of Incumbency
  • Business Operating Proof^
  • Registration of society+
  • Rules and registrations+

* Applicable to Limited Company only
^ Examples: Sales Invoice/Purchase Order /Sales Agreement / Tenancy Agreement (for retail shop) ... etc
+ Applicable to Association

  • Investment A trustworthy investment partner
  • Citi Commercial Bank
To borrow or not to borrow? Borrow only if you can repay!

Remark:Remark:

1
Please refer to Citibank service fee for details.
2
In general, bank charges for outward and inward remittance are HK$200 and HK$60 respectively.
3
Mastercard network ATMs include Mastercard, Cirrus® , Maestro® . If customer withdraws cash at overseas Mastercard network ATM, a surcharge may be levied by the overseas ATM operator.
*
Should you have any enquires, please contact our Business Relationship Manager.

Disclaimer:Disclaimer:

You should seek advice from your professional advisors as to your particular tax position, including but not limited to estate duty and withholding tax that might arise from investing in overseas products. This material is for information only and does not constitute any offer or solicitation to buy or sell. Investments should not be treated as a substitute for time deposits. Investors should refer to the relevant investment products offering documents for detailed information prior to subscription. Investments are not bank deposits and involve risks, including the possible loss of the principal amount invested. Investors investing in investment products denominated in non-local currency should be aware of the risk of exchange rate fluctuations that may cause a loss of principal. Unit prices may go down as well as up. Past performance is not indicative of future performance. Unless specified, these investments are not obligations of, guaranteed or insured by Citibank (Hong Kong) Limited, Citibank N.A., Citigroup Inc. or any of its affiliates or subsidiaries, or by any local government or insurance agency. Investment products are not eligible for U.S. persons and might only be applicable to limited jurisdiction. Potential investors should consider if an investment is suitable for them in the light of their own financial position, investment objectives and risk profile. Foreign currency trading is subject to rate fluctuations which may provide both opportunities and risks. Investors may experience a loss when they convert foreign currency back to their home currency. Investors should therefore carefully consider whether such trading is suitable for them in light of their own financial position, investment objectives and risk profile. Exchange Controls imposed by the relevant authorities may also adversely affect the applicable exchange rate. Citibank or any of its associates will benefit from the origination and distribution of the in-house product. The English version shall prevail should there be any discrepancy between the English and the Chinese versions.