Citibank Money Transfer
Citibank's exchange rates for wire transfers are generally competitive and transparent, which makes it a good choice for customers who need to send or receive money internationally. However, it's always a good idea to compare rates and fees across different banks and financial institutions to ensure you're getting the best deal possible.
FX Order Watch: Citibank's FX Order Watch allows customers to set their own exchange rates and automatically execute foreign exchange transactions when the desired exchange rate is reached.
When you get a quote for your Citibank Wire Transfer from their website or in-app, you will see the Citibank exchange rate, but it can be difficult to then calculate how much mark-up you are being charged.
While all banks charge this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.
How do Citibank international wire exchange rates compare?
Sending or receiving international transfers to or from your Citibank bank account will include a margin rate of between 3.5% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).
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You Can Save Money when you Compare Citibank Exchange Rate Margins & Fees
The above comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction by 
Citibank versus the market mid-rate. It is easy to calculate any savings available from popular market-leading FX providers.
Is Euro expected to go up or down?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro current value is to look the EUR performance against a range of other currencies over various time periods.
The following table looks at the performance of the EUR exchange rate against other currencies over time periods from the previous 2 days back to the last 5 years.
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