Yes, you can earn interest on your Australian Dollar currency account based on the account balance. No, but you will not be able to make more purchases until a positive balance is restored. Is there a fee if my account is overdrawn? Note: if an account is closed with a balance of less than AUD $5 (or equivalent in another currency), the credit balance will not be returned to you. Refer to your account Terms and Conditions for more information. No, there are no foreign transaction fees on this account. No, we won’t charge any fees, but the bank that's sending the money may.Īre there any fees when making overseas purchases? No, we won’t charge any fees, but the bank that's receiving the money may.Īre there any fees when receiving money (Australia or overseas)? No, we won’t charge any fees, but the ATM operator you use may.Īre there any fees when sending money (Australia or overseas)? No, there isn't a monthly account keeping fee or a minimum balance required.

Is there a monthly service fee or minimum balance required? Proof of business: You must be able to show that it is a domestic business with a valid Australian Business Number (ABN) and/or Australian Company Number (ACN) where relevant.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.Personal details: Residential address, contact details and your current e-mail address.This includes providing two forms of identification, one of which must be photo identification, along with your application. Personal identification: You must be able to be identified in Australia at or before account opening.Proof of age: You must be over 18 years of age or older.You must be assigned to a Relationship Manager or Wealth Management Centre to manage your portfolio and The eligibility restrictions that apply to the Citi Global Currency Account in any currency (as referred to in the Transaction and Savings Accounts Terms and Conditions effective 24 November 2022) are:ġ.

Citi global transfer fee