How to open an account in Citibank?
Profile: Citibank is a global bank
that operate at a local level. Citibank is part of Citigroup Inc., with
some 200 million customer accounts in more than 100 countries. Citigroup
Inc. provides consumers, corporations, governments and institutions with
a broad range of financial products and services, including consumer
banking and credit, corporate and investment banking, insurance,
securities brokerage and asset management.
Citigroup Inc. (branded Citi) is a major American financial services
company based in New York City. Citigroup was formed from one of the
world's largest mergers in history by combining the banking giant
Citicorp and financial conglomerate Travelers Group on April 7, 1998.
Citigroup Inc. has the world's largest financial services network,
spanning 140 countries with approximately 16,000 offices worldwide. The
company employs approximately 260,000 staff around the world, and holds
over 200 million customer accounts in more than 140 countries. It is a
primary dealer in US Treasury securities.
Citigroup suffered huge losses during the global financial crisis of
2008 and was rescued in November 2008 in a massive bailout by the U.S.
government. Its largest shareholders include funds from the Middle
East and Singapore.On February 27, 2009, Citigroup announced that
the United States government would take a 36% equity stake in the
company by converting $25 billion in emergency aid into common shares;
the stake was reduced to 27% after Citigroup sold $21 billion of common
shares and equity in the largest single share sale in US history,
surpassing Bank of America's $19 billion share sale one month prior.
Citigroup is one of the Big Four banks in the United States, along with
Bank of America, JP Morgan Chase and Wells Fargo
To proceed with your application you must:
Be aged 18 or over
Be a UK resident
Have an annual income of £20,000 or above
Have no outstanding County Court Judgements (CCJs) against you
Provide your address details for the last 3 years, including postcode(s)
Provide your current employment and salary details including your
employer's full address and postcode
Provide your current bank account details including account number and
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