Citibank US - Online Wire Transfer Fees & Limits
| Standard | Citi Priority | Citigold | Citigold Private | |
|---|---|---|---|---|
| Wire Limits - Online - Domestic / International (USD) | Up to $50,000 per account per Business Day | No limit | No limit | No limit |
| Wire Limits - Online - International (Foreign Currency) | Up to $50,000 per transaction | Up to $500,000 per transaction | Up to $500,000 per transaction | Up to $500,000 per transaction |
| Incoming Wire Fee - Domestic / International | $15 | Waived | Waived | Waived |
| Outgoing Wire Fee - Online - Domestic | $25.00 | $17.50 | Waived | Waived |
| Outgoing Wire Fee - Online - International (USD) | $35.00 | $25.00 | Waived | Waived |
What is the Citibank Send Money conversion rate for USD to GBP?
The Citibank USD to GBP exchange rate is 0.7157. This is -4.4% compared to the latest USD-GBP mid-market rate 0.7489.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to British pound (GBP) rates from different sources before making a conversion.
The above Citibank - Dollar to Sterling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Citibank and other foreign exchange providers against the latest USD-GBP mid-rate and the possible savings of using various providers.
How do Citibank USD-GBP rates compare between providers?
Looking at the full USD to GBP - Send Money comparison table the provider with the best USD to GBP exchange rate is OFX at 0.7452, -0.49% from the latest mid-market rate 0.7489.
The next best is XE at 0.7444, -0.6% from the mid-rate.
Then Wise at 0.7411, which is -1% from the mid-rate.
The Western Union rate is 0.7377 which is -1.5% from the mid-rate.
Among the banks the Chase Bank rate is 0.6857 at -8.4% the Wells Fargo Bank rate is 0.6812 at -9% and the Citibank rate is 0.7157 at -4.4% compared to the mid-rate 0.7489.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Citibank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
