Understanding the Table:
The comparison table above helps you see the total cost of your Citibank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘Get Rates’.
| 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 |
The Citibank USD to GBP exchange rate is 0.7126. This is -3.1% compared to the latest USD-GBP mid-market rate 0.7355.
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.
Looking at the full comparison table the best USD to GBP exchange rate is 0.7318 from OFX, -0.5% from the mid-market rate 0.7355. The next best rate is 0.7311 from XE, -0.6% from the mid-rate. Then Wise with 0.7307 is -0.65% from the mid-rate.
The Western Union rate is 0.7281 which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 0.6831 at -7.1% the Wells Fargo Bank rate is 0.6787 at -7.7% and the Citibank rate is 0.7126 at -3.1% compared to the mid-rate 0.7355.
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.
Recent analysis indicates that the USD to GBP exchange rate is experiencing increased volatility, with the USD slipping to 90-day lows near 0.7368, around 2.5%...
The USD to EUR exchange rate has recently experienced notable fluctuations driven by economic indicators and geopolitical developments.
The USD to JPY exchange rate has recently shown fluctuations largely influenced by economic data and geopolitical events.
View a full list of exchange rates by selecting your Base (from) currency: