Cheques

Travellers Cheques

Citibank offers AmEx Travellers Cheques in USD and Euro (EUR) to its corporate clients. The cheques can be purchased in different types of denominations in any of the Citibank branches. Travellers Cheques are more safer than cash because we can replace your lost cheques in a short time.

The unused Travellers Cheques are repurchased by the bank.

Foreign Currency Cheque Issuance

Citibank issues cheques in about 20 foreign currencies only for its corporate clients. The instruction for cheque issuance should be submitted to the bank duly signed, upon which the bank issues and sends the cheques to the beneficiary or to the client. The beneficiary can get the value of the cheque collected with the help of its own account holding bank.

Foreign Currency Cheque Collection

Citibank accepts cheques from its corporate clients in about 20 foreign currencies. The cheques to be collected should be mailed or submitted in person to Citibank accompanied by a chequeck collection instruction. After checking the formal requirements we forward them to the issuing bank for collection. The collection of the USD, Euro and British Pound cheques is the fastest, the fund is collected approximately in 3-5 days. Regarding other foreign currencies the collection period is longer. Upon receipt of the funds the amounts will be credited to your account with Citibank immediately without delay, however, the funds are blocked until the 10th day of the recourse period, after which funds become available then from the 11th day the fund is available.

Instructions can be initiated Via mail addressed to Citibank's central office Trade Operations department or personally in any of our branches accompanied by a check collection instruction Transaction fees and costs AND Cut-off times Actual Corporate List of Conditions

Citibank's branch network