Citibank launches dollar account

Citibank, the world's largest financial institution, launched the new Dollar CitiBasics, a combined dollar savings and checking account especially designed for professionals who frequently travel and conduct business abroad.

With only a minimum deposit of $1,000, the customer can already open Dollar CitiBasics account which comes with a globally accepted checkbook and an international Citibank ATM Card (Citicard). Through the Citicard, one can withdraw up to $3,000 a day from over 460,000 ATM's worldwide.

Dollar CitiBasics gives utmost comfort and ease while transacting with dollars because Citibank has a comprehensive global network that spans over 100 countries.

Dollar CitiBasics also provides round-the-clock access to any Citicard Banking Center in the Philippines for deposits and withdrawals.

Likewise, customers can request a copy of their financial statements anytime of the day. In case of lose, in any country, one can simply visit the nearest Citibank branch and avail of emergency cash of up to $1,000 or get assistance from a qualified Citibank officer.

"Dollar CitiBasics is especially designed to help professionals with fast-paced lifestyles manage their funds efficiently. We want you to be able to enjoy the superior benefits of a dependable dollar savings and checking account wherever you are in the world," relates Ginbee Go, relationship marketing head of Citibank.

Likewise, Dollar CitiBasics offers the convenience of Citibank's 24-hour CitiPhone. CitiPhone allows for inquires about balances and recent transactions, request a copy of the statements, order a checkbook or talk to a qualified bank officer who can help address practically any concern regarding your account.

"With the Citibank dollar product, you can also easily build funds in dollars, the most globally recognized currency and enjoy the benefits of world class banking only Citibank can provide," Go added.