Citigroup
Search results
Results from the Go Local Guru Content Network
This includes a range of checking account products, savings account products, time deposits, foreign currency products and services, fund transfer services, debit and ATM cards, credit cards, loan products, investment products and services, insurance products and Islamic banking products.
The bank's private-label credit card division, Citi Retail Services, issues store-issued credit cards for such companies as: American Airlines, Best Buy, ConocoPhillips, Costco, ExxonMobil, The Home Depot, Sears, Shell Oil, and Staples Inc.
The bank introduced its First National City Charge Service credit card—popularly known as the "Everything card" and later to become MasterCard—in 1967. Also in 1967, First National City Bank was reorganized as a one-bank holding company, First National City Corporation, or "Citicorp" for short.
This guide will cover every step to opening an account with Citibank, as well as main account features, how to avoid fees and whether Citibank is really the right choice for you.
There are three main functions that can be used, namely ATM (with various combinations of banking transactions), e-debit (online purchase payment) transactions at participating merchants and MEPS Cash (a stored-value card that can be used to pay at participating merchants).
All Visa card are non-embossed type except for Citibank Ready Credit accounts. Bank Rakyat, Muamalat, OCBC Bank do not co-brand their cards except for ATM use only. Maybank has the largest capitalisation in Malaysia in June 2018.
On 14 January 2022, UOB purchased Citigroup's consumer banking franchise in Indonesia, Malaysia, Thailand and Vietnam for about S$5 billion. Shareholders. The ten largest shareholders as of 1 March 2017 are:
In 1989, Citi was the first foreign bank to introduce credit cards in Indonesia. In 1993, CitiPhone, a 24 hours a day, 7 days a week customer service program was launched. In 2013, Citi launched CitiMobile. In 2023, United Overseas Bank acquired Citi's consumer business in Malaysia, Indonesia, Thailand, and Vietnam. Legal issues
A Merchant Category Code ( MCC) is a four-digit number listed in ISO 18245 for retail financial services. An MCC is used to classify a business by the types of goods or services it provides.
In October 2019, Lazada partnered with Citibank to launch a new credit card, first in Malaysia, and subsequently in other countries. In 2023, Alibaba was restructured internally into six business units held by a holding company in response to China's regulatory pressure to decentralise its business power.