Expat Savings Account

Account opening is subject to Citibank Terms and conditions and applicable RBI guidelines.

Citibank India does not market any product or service to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, UK and The Isle of Man. This webpage is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, UK and The Isle of Man.

This account is applicable for clients earning net monthly income of Rs1 Lakh and above and working in companies that have a tie-up with Citibank Suvidha or can be opened with an initial cheque value of Rs2 Lakh.

⁺Citibank will not levy any charge on cash withdrawals done overseas at any ATM although, please note other banks may charge fees for usage of their ATMs, which will be borne by the Account holder.

¹All foreign transactions are subject to the provisions of the Foreign Exchange Management Act, 1999 or any rule, regulation, notification, direction or order made thereunder. For any queries, please contact your Citibank Relationship Manager. This is applicable for expatriates employed by Indian subsidiaries/companies and earning rupee salary, having a valid employment visa/residential permit for occupation.

⁺⁺Subject to FEMA guidelines.

Documentation for remittance service needs to be renewed every year. Foreign nationals resident in India can open and maintain a resident Rupee account in India in terms of Notification No. 5/2000-RB dated 3rd May 2000 viz., Foreign Exchange Management (Deposit) Regulations, 2000, as amended from time to time. All remittances and repatriation from the expat account would be under permissible norms as applicable under RBI Notification No. FEMA 13/2000 dated 3rd May 2000, as amended from time to time.

²Citibank N.A. provides no independent research or advice in the substance or preparation of the reports. The reports are provided for general information only and nothing contained in the reports constitutes a recommendation for the purchase or sale of any security. Although the statements of fact in this report are obtained from sources that Citibank N.A. consider reliable, we do not guarantee their accuracy and any such information may be incomplete or condensed.

³Citibank N.A. provides investment services as a distributor of third party Investment products (shortly referred as ‘investment products’). Citibank N.A. does NOT provide investment advisory services in any manner or form. Investment products do not pertain to Citibank. Investment Products(i) are not bank deposits or obligations of or guaranteed by Citibank, N.A. Citigroup, Inc or any of its affiliates or subsidiaries; (ii) are not insured by any governmental agency and (iii) are subject to investment risks, including the possible loss of the principal amount invested. Past performance is not indicative of future results, prices/invested sum is subject to market risks which may result in appreciation or depreciation. The ownership of any investment decision(s) shall exclusively vest with the Investor after analyzing all possible risk factors and by exercise of his/her/its independent discretion and Citibank N.A shall not be liable or held liable for any consequences thereof.

Investment products are not available to US persons, Residents of Canada and may not be available in all jurisdictions. By making any investment, you confirm your deemed acceptance to the conditions mentioned herein.

Investment products are distributed by Citibank N.A. on a non -discretionary and non participation basis. The final investment decision shall at all times exclusively remain with the investor.

Investor investing in investment products acknowledge that: (i) the third party product provider may invest in products denominated in non-local currency; (ii) there could be risk of exchange rate fluctuations, which may result in loss of principal or erosion of value of investment . This document does not constitute the distribution of any information or the making of any offer or solicitation by anyone in any jurisdiction in which such distribution or offer is not authorized or to any person to whom it is unlawful to distribute such a document or make such an offer or solicitation. Please exercise diligence by reading & understanding the Key Information Memorandum(s)/Scheme Investment Document(s) & Statement of Additional Information/Term Sheet/Prospectus carefully before investing and no claim whatsoever shall be made against Citibank N.A. any of its affiliates or subsidiaries and / or employees claiming any influence/recommendation/advice/responsibility/liability as against your decision to invest in any investment product.

Investor should ensure to understand, accept the identities of different parties and the roles that they play in relation to the various Investment Product(s). Investor acknowledges that, there may be various actual or potential conflicts of interest between Citibank N.A. India, Citigroup Capital Markets Ltd., Citigroup Inc. or their affiliates or subsidiaries (collectively “Connected Persons”) and that of an investor itself , as a result of the various investment and/or commercial businesses and/or activities of the Connected Persons. You are deemed to accept, on purchasing/ subscribing / investing to a particular Investment Product(s), that any such conflict may exist and may be prejudicial to an investment in the Investment Product(s).

Citibank N.A. provides no independent research or analysis in the substance or preparation of this report. The information in this report has been obtained from reports issued by Citigroup Global Markets and Citigroup Investment Research. Such information is based upon sources Citigroup Global Markets (CGM) / Citigroup Investment Research (CIR) believe to be reliable. CGM and / or Citibank N.A., however, do not guarantee its accuracy and it may be incomplete or condensed. All opinions and estimates constitute CGM's view as of the date of report and are subject to change without notice. This report / presentation is provided for general information only and nothing contained in the material constitutes a recommendation for the purchase or sale of any security and/or currency. As a prerequisite condition for arriving at a decision to invest, any investor considering an investment should seek independent advice on the suitability or otherwise of the particular investment.

⁴More than 90% of the calls are answered in 20 seconds or less. Answer time is measured from the time customers select the option to speak to the CitiPhone officer. Without taking on any liability for the same, Citibank, N.A, will make best efforts to answer your call within the answer time indicated above. In some cases or situations, the answer time indicated above may not be met. In such cases or situations, Citibank, N.A. will make best efforts to answer your call within the shortest time possible.

⁵Other countries: Australia, Austria, Belgium, Canada, Columbia, Cyprus, Denmark, Finland, France, Germany, Hong Kong, Hungary, Indonesia, Ireland, Israel, Italy, Japan, South Korea, Luxembourg, Malaysia, Netherlands, New Zealand, Norway, Philippines, Portugal, Singapore, Spain, Sweden, Switzerland, Taiwan, Thailand and UK

⁶List of participating countries:

• Argentina*
• Bahrain*
• Belgium*
• Brazil*
• Chile
• China*
• Columbia*
• Egypt*
• Greece*
• Guam*
• Hong Kong
• Hungary*
• India*
• Indonesia*
• IPB (Miami, NY, San Francisco)
• Japan
• Korea*
• Macau
• Malaysia*
• Maxico*
• Peru*
• Philipines*
• Poland*
• Singapore
• Spain*
• CzechRepublic*
• Taiwan
• Thailand*
• Turkey*
• UAE*
• UK*
• Uruguay
• USA*
• Venezuela*
• Vietnam

A charge of $25 may be levied by certain Citibank branches for emergency cash assistance services. As per the extant FEMA regulations.

⁷Awarded the 'Best Internet Banking Award' by Global Finance Magazine in 2009, 2010 and 2011.

^{^}These services are offered on referral and/or arrangement basis only through tie-up with respective service providers. It is to be noted that Citibank, N.A. is not making any of these Offers to you on its own, and that Citibank, N.A. holds no warranty & is not representative of the delivery, service, suitability or quality of any of the Offers or any products and/or services made available to you under any of the Offers. Any disputes regarding the delivery, service, suitability or quality of any of the Offers and/or products/services made available to you under any of the Offers must be addressed in writing, by you directly to the participating merchant establishment and Citibank, N.A. will not entertain any communication in this regard.

*Redemption of Reward Points:

• Minimum number of Reward Points required to redeem airlines = 500 Reward Points
• Minimum number of Reward Points required to get Cash Back = 1,500 Reward Points
• You need to call 24x7 CitiPhone to redeem your Reward Points. Please quote the correct frequent flyer number, for airmiles redemption

Reward Points are valid only if swiped on a Citibank EDC machine. It is hereby clarified that no Reward Points shall accrue on any purchases/spends made on the CitiCard (whether used online or through physical swipes) for mutual fund payments, insurance premium payments, electronic-tax payments, railway ticket purchases using IRCTC.com, donations, Credit Card balance payments, loan payments or stock investments etc. The Bank shall have the final discretion in choosing merchants and/or products where the Customer may earn Reward Points using the CitiCard.

Terms and conditions apply for loans and cards - Subject to internal approval criteria.

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Citibank and Arc Design are service marks of Citibank, N.A., or Citigroup Inc., used and registered throughout the world.

Registration Numbers: NSE- INB/INF 231141335, BSE- INB/INF 011141331 Depository Participant Number: IN-DP-NSDL-268-2006 DP ID for NSDL: IN303245.