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Account Specific Terms and Conditions Contents
Condition Page
CitigoldCurrentAccount 4-5
CitiPlusCurrentAccount 6-7
CitiAccessAccount(notavailabletonewapplicants) 8
USDollarCurrentAccount 9-10
EuroCurrentAccount 11-12
CitiIndiaConnectCurrentAccount(notavailableto
newapplicants) 13
FlexibleSaverAccount 14
RewardSaverAccount 15
USDollarRewardSaverAccount 16-17
EuroRewardSaverAccount 18-19
ForeignCurrencyDepositAccounts 20-21
TimeDepositAccounts(Accountsopenedonorafter
9March2010butbefore7April2014) 22-23
TimeDepositAccounts(Accountsopenedonorafter
7April2014) 24-25
FixedRateBond 26-27
4
Citigold Current Account
1. Conditions 1.1 TheseAccountSpecificTermsandConditionsapplytotheCitigoldCurrentAccount.Theyareadditionaltoandshould
bereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthere
isanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsand
ConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseCitigoldCurrentAccountTermsandConditions,meanstheCitigoldCurrentAccount.
2. Overdrafts Anoverdraftmaybeavailabletoyouatourdiscretion.Tobeeligibleforanoverdraftfacilityyoumustmakeminimum
monthlypaymentsintoyourAccount.Wewilltellyouwhattheminimummonthlypaymentiswhenyouaskusforan
overdraft.
3. Daily withdrawals 3.1 Youmaywithdrawupto£10,000cashperdayinSterlingfromanybranchofCitiintheUKwithoutnoticeifthe
amountyouwishtowithdrawiswithinyourAvailableBalance.LargerwithdrawalswillrequiretwoBankingDays’
notice.
3.2 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
3.3 ThelimitreferredtoinCondition3.2(a)oftheseCitigoldCurrentAccountTermsandConditionsisanaggregatelimit
thatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATMwithdrawals.Thelimit
applicabletoyouwilldependonwhetheryou:
(a) areaCitigoldPrivateClientinaccordancewithCondition5;or
(b) holdaCitigoldCurrentAccount.
4. Relationship fee 4.1 Youwillnotbechargedarelationshipfeeforanymonthforwhich:
(a) youhaveanaveragemonthlybalanceof£150,000(orcurrencyequivalent)ormoreasdescribedinCondition4.3
oftheseAccountSpecificTermsandConditions;or
(b) atthetimeweassesswhetherornotafeeisapplicable,youholdanaccountwithCitiInternationalPersonalBank
inLondonorJersey;or
(c) youareaCitigoldPrivateClientinaccordancewithCondition5.
4.2 InallothercircumstancesyouwillbechargedarelationshipfeeattheratesetoutintheRatesandCharges
Information.ThisfeewillbedeductedwithinthefirstfiveBankingDaysofthefollowingmonth.Thefeewillbedebited
withoutpriornotificationandmaybedebitedfromfundsavailablewithinyourarrangedoverdraftfacility.Inaddition,
wemaydeductanyoverduerelationshipfeesfromanyCitiaccountincreditheldinthesamename(ornames)asthis
Account.
4.3 Theaveragemonthlybalanceistheaggregateof:
(a) thetotaldailyclearedcreditbalance(calculatedattheendofeachBankingDay)ofallUKCitisavingsaccounts,
currentaccounts,investmentsandtimedeposits(includingtheSterlingequivalentofamountsheldinUKbased
foreigncurrencyaccounts)heldinyournameduringtherelevantmonth,includinganybalancesheldinaJoint
Account(whereyouarethefirst-namedaccountholderonthataccount),averagedacrossallBankingDaysinthe
relevantmonth;plus
(b) thevalueofanyInvestmentLinkedLifeInsuranceProductsheldinyournameorjointlywithanotherperson
(whereyouarethefirst-namedpolicyholderonthatproduct)asonthelastBankingDayoftherelevantmonth.
ForthepurposesoftheseCitigoldCurrentAccountTermsandConditionsan“Investment Linked Life Insurance
Product”meansaninvestmentthattakestheformofalongterminsurancepolicythatwehavearrangedforyou.
4.4 Fortheavoidanceofdoubt:
(a) wewillassesswhetheramonthlyaccountfeeisapplicableonthelastBankingDayofeachcalendarmonth;
(b) wewillnotincludeanyamountsyouoweusunderanyoverdraftyoumayhaveindeterminingyourdailycleared
creditbalance;and
(c) forthepurposesofestablishingtheSterlingequivalentofamountsheldinUKbasedforeigncurrencyaccountswe
willusethe“Citi UK”referenceexchangerateapplicableonthelastBankingDayofthemonth.Detailsofthese
referenceexchangeratesareavailablethroughCitiPhoneBanking.
5
4.5 IfwedeductyourrelationshipfeefromanotheraccountinaccordancewithCondition4.2oftheseCitigoldCurrent
AccountTermsandConditions,wherethataccountisaforeigncurrencyaccountwewillestablishtherelevantforeign
currencyequivalentoftherelationshipfeeusingthe“Citi UK”referenceexchangerateapplicableonthelastBanking
Dayofthemonth.
4.6 ForclientswhohavenotheldacurrentaccountwithCitipreviously,norelationshipfeewillbechargedinthefirst90
daysafteryouhaveopenedthisAccount.
4.7 IfyouhavemorethanoneAccountandyouarethefirst-namedAccountHolderonmorethanoneAccount:
(a) therelationshipfeewillbedebitedfromtheAccountthathasthehighestbalancewhichisheldinthesamename
(ornames)asthisAccount;
(b) therelationshipfeewillonlybeappliedonceeachmonth;and
(c) youonlyhaveoneentitlementtothetravelinsurancebenefitasdescribedinCondition6oftheseAccount
SpecificTermsandConditions.
4.8 IfyourAccountistreatedasdormantyouwillnotbechargedarelationshipfeeandwillnotbeentitledtoreceivethe
travelinsurancebenefitasdescribedinCondition6oftheseAccountSpecificTermsandConditions.
5. Citigold Private Client 5.1 Youhavetheoptionofbecominga“CitigoldPrivateClient”if:
(a) youmaintainanAccount;and
(b) youmaintainanaveragemonthlybalanceof£650,000(orcurrencyequivalent)ormoreasdescribed
inCondition4.3oftheseAccountSpecificTermsandConditions;or
(c) youholdanaccountwithCitiInternationalPersonalBankinLondonorJerseyinrelationtowhich
CitiInternationalPersonalBankhasdecidedtotreatyouasaCitigoldPrivateClient.
Whereyoumeettherequirementswewillcontactyoutodiscusswhetheryouwouldliketobecomea
CitigoldPrivateClient.
5.2 IfyouagreetobecomeaCitigoldPrivateClientyouwillbeeligibletoreceiveadditionalbenefitsasavalueadded
featureoftheAccount.
5.3 Detailsofthebenefitsavailable,howyoucanenroltoreceivethem,andtheapplicabletermsandconditionscanbe
foundatwww.citibank.co.uk/cpc orbycontactingyourRelationshipManager.
5.4 IfyoubecomeaCitigoldPrivateClientandsubsequentlyceasetomeetthecriteriasetoutinCondition5.1wehave
therighttonolongertreatyouasaCitigoldPrivateClient.Wewillgiveyoutwomonths’noticeinadvanceofany
changestoyourCitigoldPrivateClientstatus.
5.5 IfwetreatyouasaCitigoldPrivateClient,wewillmonitoryouraveragemonthlybalanceandwilltellyouifitfalls
below£650,000(orcurrencyequivalent)duringtheperiodinwhichwetreatyouasaCitigoldPrivateClient.
6. Travel Insurance 6.1 WorldwideannualtravelinsuranceisavalueaddedfeatureoftheAccount.TravelinsuranceisavailabletoUK
residentsonly.FulltermsandconditionsofthisinsurancearesetoutintheCitigoldWorldwideAnnualHolidayTravel
InsurancePolicydocument.
6.2 YouwillnotbeeligiblefortravelinsuranceifmorethanonerelationshipfeeisoutstandingafterCitihasattemptedto
collectafeeoriftheAccountisclosedbyeitheryouorbyCitiforanyreason.Wewillnotifyyoubeforethisinsurance
iswithdrawn.
7. Cheque book NochequebookisavailablewiththisAccount.
8. Citi Debit Card IfyoulinkyourCardtothisAccount,andyourcardtypepermitssuchuse,youwillbeabletousetheCardasaCitiDebit
CardinrespectofthisAccount.
6
Citi Plus Current Account
1. Conditions
1.1 TheseAccountSpecificTermsandConditionsapplytotheCitiPlusCurrentAccount.Theyareadditionaltoand
shouldbereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.If
thereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTerms
andConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseCitiPlusCurrentAccountTermsandConditions,meanstheCitiPlusCurrentAccount.
2. Overdrafts Anoverdraftmaybeavailabletoyouatourdiscretion.Tobeeligibleforanoverdraftfacilityyoumustmakeminimum
monthlypaymentsintoyourAccount.Wewilltellyouwhattheminimummonthlypaymentiswhenyouaskusforan
overdraft.
3. Relationship fee 3.1 Youwillnotbechargedarelationshipfeeforanymonthforwhichyou:
(a)credityourAccountwithaminimumof£3,500andhaveaminimumoftwoDirectDebitspaidfromyour
Account;or
(b) haveanaveragemonthlybalanceof£35,000(orcurrencyequivalent)ormoreasdescribedinCondition3.3of
theseAccountSpecificTermsandConditions.
3.2 InallothercircumstancesyouwillbechargedarelationshipfeeattheratesetoutintheRatesandCharges
Information.ThisfeewillbedeductedwithinthefirstfiveBankingDaysofthefollowingmonth.Thefeewillbedebited
withoutpriornotificationandmaybedebitedfromfundsavailablewithinyourarrangedoverdraftfacility.Inaddition,
wemaydeductanyoverduerelationshipfeesfromanyCitiaccountincreditheldinthesamename(ornames)asthis
Account.
3.3 Theaveragemonthlybalanceistheaggregateof:
(a) thetotaldailyclearedcreditbalance(calculatedattheendofeachBankingDay)ofallUKCitisavingsaccounts,
currentaccounts,investmentsandtimedeposits(includingtheSterlingequivalentofamountsheldinUKbased
foreigncurrencyaccounts)heldinyournameduringtherelevantmonth,includinganybalancesheldinaJoint
Account(whereyouarethefirst-namedaccountholderonthataccount),averagedacrossallBankingDaysinthe
relevantmonth;plus
(b) thevalueofanyInvestmentLinkedLifeInsuranceProductsheldinyournameorjointlywithanotherperson
(whereyouarethefirst-namedpolicyholderonthatproduct)asonthelastBankingDayoftherelevantmonth.
ForthepurposesoftheseCitiPlusCurrentAccountTermsandConditionsan“Investment Linked Life Insurance
Product”meansaninvestmentthattakestheformofalongterminsurancepolicythatwehavearrangedforyou.
3.4 Fortheavoidanceofdoubt:
(a) wewillassesswhetheramonthlyaccountfeeisapplicableonthelastBankingDayofeachcalendarmonth;
(b) wewillnotincludeanyamountsyouoweusunderanyoverdraftyoumayhaveindeterminingyourdailycleared
creditbalance;and
(c) forthepurposesofestablishingtheSterlingequivalentofamountsheldinUKbasedforeigncurrencyaccountswe
willusethe“Citi UK”referenceexchangerateapplicableonthelastBankingDayofthemonth.Detailsofthese
referenceexchangeratesareavailablethroughCitiPhoneBanking.
3.5 IfwedeductyourrelationshipfeefromanotheraccountinaccordancewithCondition3.2oftheseCitiPlusCurrent
AccountTermsandConditions,wherethataccountisaforeigncurrencyaccountwewillestablishtherelevantforeign
currencyequivalentoftherelationshipfeeusingthe“Citi UK”referenceexchangerateapplicableonthelastBanking
Dayofthemonth.
3.6 ForclientswhohavenotheldacurrentaccountwithCitipreviously,norelationshipfeewillbechargedinthefirst30
daysafteryouhaveopenedthisAccount.
3.7 IfyouhavemorethanoneAccountandyouarethefirst-namedAccountHolderonmorethanoneAccount:
(a) therelationshipfeewillbedebitedfromtheAccountthathasthehighestbalancewhichisheldinthesamename
(ornames)asthisAccount;and
(b) therelationshipfeewillonlybeappliedonceeachmonth.
3.8 IfyourAccountistreatedasdormantyouwillnotbechargedarelationshipfee.
7
4. Daily withdrawals 4.1 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
4.2 ThelimitreferredtoinCondition4.1(a)oftheseCitiPlusCurrentAccountspecificTermsandConditionsisan
aggregatelimitthatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATM
withdrawals.
5. Cheque book NochequebookisavailablewiththisAccount.
6. Citi Debit Card IfyoulinkyourCardtothisAccount,andyourcardtypepermitssuchuse,youwillbeabletousetheCardasaCitiDebit
CardinrespectofthisAccount.
8
Citi Access Account (not available to new applicants)
1. Conditions
1.1 TheseAccountSpecificTermsandConditionsapplytotheCitiAccessAccount.TheyareadditionaltoandshouldbereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseCitiAccessAccountTermsandConditions,meanstheCitiAccessAccount.
2. Overdrafts
Anoverdraftmaybeavailabletoyouatourdiscretion.TobeeligibleforanoverdraftfacilityyoumustmakeminimummonthlypaymentsintoyourAccount.Wewilltellyouwhattheminimummonthlypaymentiswhenyouaskusforanoverdraft.
3. Daily withdrawals
3.1 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
3.2 ThelimitreferredtoinCondition3.1(a)oftheseCitiAccessAccountTermsandConditionsisanaggregatelimitthat
appliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATMwithdrawals.
4. Cheque book
NochequebookisavailablewiththisAccount.
5. Citi Debit Card
IfyoulinkyourCardtothisAccount,andyourcardtypepermitssuchuse,youwillbeabletousetheCardasaCitiDebitCardinrespectofthisAccount.
9
US Dollar Current Account
1. Conditions 1.1 TheseAccountSpecificTermsandConditionsapplytotheUSDollarCurrentAccount.Theyareadditionaltoand
shouldbereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.If
thereisanyinconsistencybetweenthemtheseAccountSpecificTermsandConditionsoverridetheGeneralTerms
andConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseUSDollarCurrentAccountTermsandConditions,meanstheUSDollarCurrentAccount.
1.3 TheAccountmustbeheldinUSDollars.
2. Direct Debits/Standing Orders YoucannotsetupDirectDebitsorStandingOrderstomakepaymentsfromtheAccount.
3. Overdrafts Anoverdraftmaybeavailabletoyouatourdiscretion.Tobeeligibleforanoverdraftfacilityyoumustmakeminimum
monthlypaymentsintoyourAccount.Wewilltellyouwhattheminimummonthlypaymentiswhenyouaskusforan
overdraft.
4. Interest Thisisanon-interestbearingaccount.
5. Daily withdrawals 5.1 IfyouhaveaCitigoldRelationship,youmaywithdrawupto£10,000cashperday(ortheequivalentinUSDollars
calculatedusingthe“Citi UK”referenceexchangerateapplicableonthatday)fromanybranchofCitiintheUK
withoutnoticeiftheamountyouwishtowithdrawiswithinyourAvailableBalance.Largerwithdrawalsrequiretwo
BankingDays’notice.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.
5.2 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
5.3 ThelimitreferredtoinCondition5.2(a)oftheseUSDollarCurrentAccountTermsandConditionsisanaggregatelimit
thatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATMwithdrawals.Thelimit
applicabletoyouwilldependonwhetheryou:
(a) areaCitigoldPrivateClient;
(b) holdaCitigoldCurrentAccountwithCitiintheUK;
(c) holdaCitiPlusCurrentAccountwithCitiintheUK;or
(d) holdaCitiAccessCurrentAccountwithCitiintheUK.
6. Cheque book Nochequebookisavailablewiththisaccount.
7. Citi Debit Card
IfyoulinkyourCardtothisAccount,andyourcardtypepermitssuchuse,youwillbeabletousetheCardasaCitiDebit
CardinrespectofthisAccount.
8. Monthly Account Fees
8.1 Youwillnotbechargedamonthlyaccountfeeforanymonthforwhich:
(a) atthetimeweassesswhetherornotafeeisapplicableyouhold:
(i) aCitigoldCurrentAccountwithCitiintheUK;or
(ii) aCitiPlusAccountwithCitiintheUK;
(b) yourAccountholdsanaveragemonthlybalanceof£2,000(inUSDollarsequivalent)ormore;or
(c) yourAccounthasnotbeenopenfortheentiremonth.
8.2 FortheavoidanceofdoubtwewillassesswhetheramonthlyaccountfeeisapplicableonthelastBankingDayofeach
calendarmonth.
10
8.3 ForJointAccounts,theAccountwillnotbechargedthemonthlyaccountfeeifatleastoneoftheAccountHolders
meetsthecriteriainCondition8.1.
8.4 IfyourAccountistreatedasdormantyouwillnotbechargedamonthlyaccountfee.
8.5 InallothercircumstancesyouwillbechargedamonthlyaccountfeeattheratesetoutintheRatesandCharges
Information.ThisfeewillbedeductedwithinthefirstfiveBankingDaysofthefollowingmonth.Thisfeeis
denominatedinSterlingandwillbeconvertedintothecurrencyoftheAccountusingthe“Citi UK”reference
exchangerateapplicableonthedaythefeeisdeducted.Detailsofthesereferenceexchangeratesareavailable
throughCitiPhoneBanking.Thefeewillbedebitedwithoutpriornotification(andmaybedebitedfromfundsavailable
withinyourarrangedoverdraftfacility).Inaddition,wemaydeductanyoverduemonthlyaccountfeesfromanyCiti
accountincreditwhichisheldinthesamename(ornames)asthisAccount.
8.6 TheaveragemonthlybalanceistheaveragebalanceyouhaveinyourAccountforagivencalendarmonth.Itis
calculatedbydividingthesumofyourdailyclearedcreditbalancesforallBankingDaysforthatmonthonthe
AccountbythenumberofBankingDaysintherelevantmonth.Yourclearedcreditbalanceiscalculatedattheendof
eachBankingDay.Fortheavoidanceofdoubtwewillnotincludeanyamountsyouoweusunderanyoverdraftyou
mayhaveindeterminingyourdailyclearedcreditbalance.
8.7 Forthepurposesofestablishingwhetheryouraveragemonthlybalanceis£2,000ormore(inUSDollars)wewilluse
the“Citi UK”referenceexchangerateapplicableonthelastBankingDayofthemonth.Detailsofthesereference
exchangeratesareavailablethroughCitiPhoneBanking.
11
Euro Current Account
1. Conditions 1.1 TheseAccountSpecificTermsandConditionsapplytotheEuroCurrentAccount.Theyareadditionaltoandshouldbe
readtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisany
inconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditions
forCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseEuroCurrentAccountTermsandConditions,meanstheEuroCurrentAccount.
1.3 TheAccountmustbeheldinEuros.
2. Direct Debits/Standing Orders YoucannotsetupDirectDebitsorStandingOrderstomakepaymentsfromtheAccount.
3. Overdrafts Anoverdraftmaybeavailabletoyouatourdiscretion.Tobeeligibleforanoverdraftfacilityyoumustmakeminimum
monthlypaymentsintoyourAccount.Wewilltellyouwhattheminimummonthlypaymentiswhenyouaskusforan
overdraft.
4. Interest Thisisanon-interestbearingaccount.
5. Daily withdrawals 5.1 IfyouhaveaCitigoldRelationship,youmaywithdrawupto£10,000cashperday(ortheequivalentinEuros
calculatedusingthe“Citi UK”referenceexchangerateapplicableonthatday)fromanybranchofCitiintheUK
withoutnoticeiftheamountyouwishtowithdrawiswithinyourAvailableBalance.Largerwithdrawalsrequiretwo
BankingDays’notice.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.
5.2 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
5.3 ThelimitreferredtoinCondition5.2(a)oftheseEuroCurrentAccountTermsandConditionsisanaggregatelimit
thatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATMwithdrawals.Thelimit
applicabletoyouwilldependonwhetheryou:
(a) areaCitigoldPrivateClient;
(b) holdaCitigoldCurrentAccountwithCitiintheUK;
(c) holdaCitiPlusCurrentAccountwithCitiintheUK;or
(d) holdaCitiAccessCurrentAccountwithCitiintheUK.
6. Cheque books NochequebookisavailablewiththisAccount.
7. Citi Debit Card IfyoulinkyourCardtothisAccount,andyourcardtypepermitssuchuse,youwillbeabletousetheCardasaCitiDebit
CardinrespectofthisAccount.
8. Monthly Account Fees 8.1 Youwillnotbechargedamonthlyaccountfeeforanymonthforwhich:
(a) atthetimeweassesswhetherornotafeeisapplicableyouhold:
(i) aCitigoldCurrentAccountwithCitiintheUK;or
(ii) aCitiPlusAccountwithCitiintheUK;
(b) yourAccountholdsanaveragemonthlybalanceof£2,000(inEurosequivalent)ormore;or
(c) yourAccounthasnotbeenopenfortheentiremonth.
8.2 FortheavoidanceofdoubtwewillassesswhetheramonthlyaccountfeeisapplicableonthelastBankingDayofeach
calendarmonth.
8.3 ForJointAccounts,theAccountwillnotbechargedthemonthlyaccountfeeifatleastoneoftheAccountHolders
meetsthecriteriainCondition8.1.
8.4 IfyourAccountistreatedasdormantyouwillnotbechargedamonthlyaccountfee.
12
8.5 InallothercircumstancesyouwillbechargedamonthlyaccountfeeattheratesetoutintheRatesandCharges
Information.ThisfeewillbedeductedwithinthefirstfiveBankingDaysofthefollowingmonth.Thisfeeis
denominatedinSterlingandwillbeconvertedintothecurrencyoftheAccountusingthe“Citi UK”reference
exchangerateapplicableonthedaythefeeisdeducted.Detailsofthesereferenceexchangeratesareavailable
throughCitiPhoneBanking.Thefeewillbedebitedwithoutpriornotification(andmaybedebitedfromfundsavailable
withinyourarrangedoverdraftfacility).Inaddition,wemaydeductanyoverduemonthlyaccountfeesfromanyCiti
accountincreditwhichisheldinthesamename(ornames)asthisAccount.
8.6 TheaveragemonthlybalanceistheaveragebalanceyouhaveinyourAccountforagivencalendarmonth.Itis
calculatedbydividingthesumofyourdailyclearedcreditbalancesforallBankingDaysforthatmonthonthe
AccountbythenumberofBankingDaysintherelevantmonth.Yourclearedcreditbalanceiscalculatedattheendof
eachBankingDay.Fortheavoidanceofdoubtwewillnotincludeanyamountsyouoweusunderanyoverdraftyou
mayhaveindeterminingyourdailyclearedcreditbalance.
8.7 Forthepurposesofestablishingwhetheryouraveragemonthlybalanceis£2,000ormore(inEuros)wewilluse
the“Citi UK”referenceexchangerateapplicableonthelastBankingDayofthemonth.Detailsofthesereference
exchangeratesareavailablethroughCitiPhoneBanking.
13
Citi India Connect Current Account (not available to new applicants)
1. Conditions
1.1 TheseAccountSpecificTermsandConditionsapplytotheCitiIndiaConnectCurrentAccount.TheyareadditionaltoandshouldbereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseCitiIndiaConnectCurrentAccountTermsandConditions,meanstheCitiIndiaConnectCurrentAccount.
2. Overdrafts
Anoverdraftmaybeavailabletoyouatourdiscretion.TobeeligibleforanoverdraftfacilityyoumustmakeminimummonthlypaymentsintoyourAccount.Wewilltellyouwhattheminimummonthlypaymentiswhenyouaskusforanoverdraft.
3. Deposits
YouwillnotbeabletomakedepositsatbranchesofCitioutsidetheUK.
4. Daily withdrawals
4.1 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
4.2 ThelimitreferredtoinCondition4.1(a)intheseCitiIndiaConnectCurrentAccountTermsandConditionsisan
aggregatelimitthatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATM
withdrawals.Thelimitapplicabletoyouwilldependonwhetheryou:
(a) areaCitigoldPrivateClient;
(b) holdaCitigoldCurrentAccountwithCitiintheUK;
(c) holdaCitiPlusCurrentAccountwithCitiintheUK;or
(d) holdaCitiAccessCurrentAccountwithCitiintheUK.
5. Cheque books
NochequebookisavailablewiththisAccount.
14
Flexible Saver Account
1. Conditions
1.1 TheseAccountSpecificTermsandConditionsapplytotheFlexibleSaverAccount.TheyareadditionaltoandshouldbereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseFlexibleSaverAccountTermsandConditions,meanstheFlexibleSaverAccount.
1.3 YoumayonlyhaveoneAccount.
1.4 TheAccountcanbeopenedwithaminimumof£1,butitisnotavailabletoanypersonwhohasheldanAccountatanytimeinthesixmonthspriortoapplyingforthisAccount.
2. Direct Debits/Standing Orders
YoucannotsetupDirectDebitsorStandingOrderstomakepaymentsfromtheAccount.
3. Overdrafts
ThereisnooverdraftfacilityavailableonthisAccount.
4. Interest
4.1 BalancethresholdsuptowhichinterestispayablearesetoutintheRatesandChargesInformation.Nointerestispayableonbalancesthatexceedthestatedamount.
4.2 Detailsofanyintroductorybonusrate(s)ofinterest(ifapplicable)andourstandardrate(s)ofinterestcanbefoundinourRatesandChargesInformation.
5. Withdrawals/Transfers
5.1 IfyouhaveaCitigoldRelationship,youmaywithdrawupto£10,000cashperdayinSterlingfromanybranchofCitiintheUKwithoutnoticeiftheamountyouwishtowithdrawiswithinyourAvailableBalance.LargerwithdrawalswillrequiretwoBankingDays’notice.
5.2 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
5.3 ThelimitreferredtoinCondition5.2(a)oftheseFlexibleSaverAccountTermsandConditionsisanaggregatelimit
thatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATMwithdrawals.Thelimit
applicabletoyouwilldependonwhetheryou:
(a) areaCitigoldPrivateClient;
(b) holdaCitigoldCurrentAccountwithCitiintheUK;
(c) holdaCitiPlusCurrentAccountwithCitiintheUK;or
(d) holdaCitiAccessCurrentAccountwithCitiintheUK.
5.4 YoumaymakeatransferfromtheAccounttoanothereligibleCitiaccountviaCitiPhoneBanking,CitiOnlineorifyouhaveaCitigoldRelationshipatabranchofCitiintheUK.
5.5 Ifyouwanttomakeatransfertoanon-CitiaccountyoumustinstructustomakethetransferusingCitiPhoneBankingandinaccordancewithourGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.
6. Cheque books
NochequebookisavailablewiththisAccount.
7. Citi Card
7.1 IfyoulinkyourCitiATMCardtothisAccount,youwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.
7.2 IfyoulinkyourCitiDebitCardtothisAccountyouwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.YouwillnotbeabletouseitasaCitiDebitCardinrespectofanyaccount(includingthisAccount)whileitislinkedtothisAccount.
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Reward Saver Account
1. Conditions
1.1 TheseAccountSpecificTermsandConditionsapplytotheRewardSaverAccount.TheyareadditionaltoandshouldbereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseRewardSaverAccountTermsandConditions,meanstheRewardSaverAccount.
1.3 YoumayonlyhaveoneAccount.
1.4 TheAccountcanbeopenedwithaminimumof£1,butitisnotavailabletoanypersonwhohasheldanAccountatanytimeinthesixmonthspriortoapplyingforthisAccount.
2. Direct Debits/Standing Orders
YoucannotsetupDirectDebitsorStandingOrderstomakepaymentsfromtheAccount.
3. Overdrafts
ThereisnooverdraftfacilityavailableonthisAccount.
4. Interest
4.1 BalancethresholdsuptowhichinterestispayablearesetoutintheRatesandChargesInformation.Nointerestispayableonbalancesthatexceedthestatedamount.
4.2 Ifduringanycalendarmonth,youmakeawithdrawalfromyourAccount(otherthanifyouclosetheAccountandwithdrawthefullbalance),nointerestwillbepayableforthatmonth.
4.3 InterestwillbeappliedtoyourAccountandcompoundedonamonthlybasis,inarrears,onthelastBankingDayofeachcalendarmonth.YoucannotrequestthatinterestisappliedtoyourAccountandcompoundedonadifferentdate.
4.4 Detailsofanyintroductorybonusrate(s)ofinterest(ifapplicable)andourstandardrate(s)ofinterestcanbefoundinourRatesandChargesInformation.
5. Withdrawals/Transfers
5.1 IfyouhaveaCitigoldRelationship,youmaywithdrawupto£10,000cashperdayinSterlingfromanybranchofCitiintheUKwithoutnoticeiftheamountyouwishtowithdrawiswithinyourAvailableBalance.LargerwithdrawalswillrequiretwoBankingDays’notice.
5.2 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
5.3 ThelimitreferredtoinCondition5.2(a)oftheseRewardSaverAccountTermsandConditionsisanaggregatelimit
thatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATMwithdrawals.Thelimit
applicabletoyouwilldependonwhetheryou:
(a) areaCitigoldPrivateClient;
(b) holdaCitigoldCurrentAccountwithCitiintheUK;
(c) holdaCitiPlusCurrentAccountwithCitiintheUK;or
(d) holdaCitiAccessCurrentAccountwithCitiintheUK.
5.4 YoumaymakeatransferfromtheAccounttoanothereligibleCitiaccountviaCitiPhoneBanking,CitiOnlineorifyouhaveaCitigoldRelationshipatabranchofCitiintheUK.
5.5 Ifyouwanttomakeatransfertoanon-CitiaccountyoumustinstructustomakethetransferusingCitiPhoneBankingandinaccordancewithourGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.
6. Cheque books
NochequebookisavailablewiththisAccount.
7. Citi ATM Card
7.1 IfyoulinkyourCitiATMCardtothisAccountyouwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.
7.2 IfyoulinkyourCitiDebitCardtothisAccountyouwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.YouwillnotbeabletouseitasaCitiDebitCardinrespectofanyaccount(includingthisAccount)whileitislinkedtothisAccount.
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US Dollar Reward Saver Account
1. Conditions
1.1 TheseAccountSpecificTermsandConditionsapplytotheUSDollarRewardSaverAccount.TheyareadditionaltoandshouldbereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseUSDollarRewardSaverAccountTermsandConditions,meanstheUSDollarRewardSaverAccount.
1.3 YoumayonlyhaveoneAccount(whetherasasoleAccountHolderorJointAccountHolder).
1.4 ThisAccountisnotavailabletoanypersonwhohasheldanAccountatanytimeinthesixmonthspriortoapplyingforthisAccount.
1.5 TheAccountmustbeheldinUSDollars.
2. Direct Debits/Standing Orders
YoucannotsetupDirectDebitsorStandingOrderstomakepaymentsfromtheAccount.
3. Overdrafts
ThereisnooverdraftfacilityavailableonthisAccount.
4. Interest
4.1 Wepayinterestontheclearedcreditbalanceforbalancesuptoandincluding$2,000,000.Nointerestispayableonbalancesthatexceedthisamount.
4.2 Ifduringanycalendarmonth,youmakeawithdrawalfromyourAccount(otherthanifyouclosetheAccountandwithdrawthefullbalance),nointerestwillbepayableforthatmonth.
4.3 InterestwillbeappliedtoyourAccountandcompoundedonamonthlybasis,inarrears,onthelastBankingDayofeachcalendarmonth.YoucannotrequestthatinterestisappliedtoyourAccount,andcompounded,onadifferentdate.
4.4 Detailsofanyintroductorybonusrate(s)ofinterest(ifapplicable)andourstandardrate(s)ofinterestcanbefoundinourRatesandChargesInformation.
5. Withdrawals/Transfers
5.1 IfyouhaveaCitigoldRelationship,youmaywithdrawtheUSDollarequivalentofupto£10,000cashperday(calculatedusingthe“Citi UK”referenceexchangerateapplicableonthatdayfromanybranchofCitiintheUK)withoutnoticeiftheamountyouwishtowithdrawiswithinyourAvailableBalance.LargerwithdrawalswillrequiretwoBankingDays’notice.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.
5.2 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
5.3 ThelimitreferredtoinCondition5.2(a)oftheseUSDollarRewardSaverAccountTermsandConditionsisan
aggregatelimitthatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATM
withdrawals.Thelimitapplicabletoyouwilldependonwhetheryou:
(a) areaCitigoldPrivateClient;
(b) holdaCitigoldCurrentAccountwithCitiintheUK;
(c) holdaCitiPlusCurrentAccountwithCitiintheUK;or
(d) holdaCitiAccessCurrentAccountwithCitiintheUK.
5.4 YoumaymakeatransferfromtheAccounttoanothereligibleCitiaccountviaCitiPhoneBanking,CitiOnlineorifyouhaveaCitigoldRelationshipatabranchofCitiintheUK.
5.5 Ifyouwanttomakeatransfertoanon-CitiaccountyoumustinstructustomakethetransferusingCitiPhoneBankingandinaccordancewithourGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.
6. Cheque books
NochequebookisavailablewiththisAccount.
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7. Citi ATM Card
7.1 IfyoulinkyourCitiATMCardtothisAccount,youwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.
7.2 IfyoulinkyourCitiDebitCardtothisAccountyouwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.YouwillnotbeabletouseitasaCitiDebitCardinrespectofanyaccount(includingthisAccount)whileitislinkedtothisAccount.
8. Monthly Account Fees
8.1 Youwillnotbechargedamonthlyaccountfeeforanymonthforwhich:
(a) atthetimeweassesswhetherornotafeeisapplicableyouhold:
(i) aCitigoldCurrentAccountwithCitiintheUK;or
(ii) aCitiPlusAccountwithCitiintheUK;
(b) yourAccountholdsanaveragemonthlybalanceof£2,000ormoreinUSDollars;or
(c) yourAccounthasnotbeenopenfortheentiremonth.
8.2 FortheavoidanceofdoubtwewillassesswhetheramonthlyaccountfeeisapplicableonthelastBankingDayofeachcalendarmonth.
8.3 ForJointAccounts,theAccountwillnotbechargedthemonthlyaccountfeeifatleastoneoftheAccountHoldersmeetsthecriteriainCondition8.1.
8.4 IfyourAccountistreatedasdormantyouwillnotbechargedamonthlyaccountfee.
8.5 InallothercircumstancesyouwillbechargedamonthlyaccountfeeattheratesetoutintheRatesandChargesInformation.ThisfeewillbedeductedwithinthefirstfiveBankingDaysofthefollowingmonth.ThisfeeisdenominatedinSterlingandwillbeconvertedintothecurrencyoftheAccountusingthe“Citi UK”referenceexchangerateapplicableonthedaythefeeisdeducted.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.Thefeewillbedebitedwithoutpriornotification.Inaddition,wemaydeductanyoverduemonthlyaccountfeesfromanyCitiaccountincreditwhichisheldinthesamename(ornames)asthisAccount.
8.6 TheaveragemonthlybalanceistheaveragebalanceyouhaveinyourAccountforagivencalendarmonth.ItiscalculatedbydividingthesumofyourdailyclearedcreditbalancesforallBankingDaysforthatmonthontheAccountbythenumberofBankingDaysintherelevantmonth.YourclearedcreditbalanceiscalculatedattheendofeachBankingDay.
8.7 Forthepurposesofestablishingwhetheryouraveragemonthlybalanceis£2,000ormore(inUSDollars)wewillusethe“Citi UK”referenceexchangerateapplicableonthelastBankingDayofthemonth.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.
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Euro Reward Saver Account
1. Conditions
1.1 TheseAccountSpecificTermsandConditionsapplytotheEuroRewardSaverAccount.TheyareadditionaltoandshouldbereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseEuroRewardSaverAccountTermsandConditions,meanstheEuroRewardSaverAccount.
1.3 YoumayonlyhaveoneAccount(whetherasasoleAccountHolderorJointAccountHolder).
1.4 ThisAccountisnotavailabletoanypersonwhohasheldanAccountatanytimeinthesixmonthspriortoapplyingforthisAccount.
1.5 TheAccountmustbeheldinEuros.
2. Direct Debits/Standing Orders
YoucannotsetupDirectDebitsorStandingOrderstomakepaymentsfromtheAccount.
3. Overdrafts
ThereisnooverdraftfacilityavailableonthisAccount.
4. Interest
4.1 Wepayinterestontheclearedcreditbalanceforbalancesuptoandincluding€5,000,000.Nointerestispayableonbalancesthatexceedthisamount.
4.2 Ifduringanycalendarmonth,youmakeawithdrawalfromyourAccount(otherthanifyouclosetheAccountandwithdrawthefullbalance),nointerestwillbepayableforthatmonth.
4.3 InterestwillbeappliedtoyourAccountandcompoundedonamonthlybasis,inarrears,onthelastBankingDayofeachcalendarmonth.YoucannotrequestthatinterestisappliedtoyourAccount,andcompounded,onadifferentdate.
4.4 Detailsofanyintroductorybonusrate(s)ofinterest(ifapplicable)andourstandardrate(s)ofinterestcanbefoundinourRatesandChargesInformation.
5. Withdrawals/Transfers
5.1 IfyouhaveaCitigoldRelationship,youmaywithdrawtheEuroequivalentofupto£10,000cashperday(calculatedusingthe“Citi UK”referenceexchangerateapplicableonthatday)fromanybranchofCitiintheUKwithoutnoticeiftheamountyouwishtowithdrawiswithinyourAvailableBalance.LargerwithdrawalswillrequiretwoBankingDays’notice.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.
5.2 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
5.3 ThelimitreferredtoinCondition5.2(a)oftheseEuroRewardSaverAccountTermsandConditionsisanaggregate
limitthatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATMwithdrawals.The
limitapplicabletoyouwilldependonwhetheryou:
(a) areaCitigoldPrivateClient;
(b) holdaCitigoldCurrentAccountwithCitiintheUK;
(c) holdaCitiPlusCurrentAccountwithCitiintheUK;or
(d) holdaCitiAccessCurrentAccountwithCitiintheUK.
5.4 YoumaymakeatransferfromtheAccounttoanothereligibleCitiaccountviaCitiPhoneBanking,CitiOnlineorifyouhaveaCitigoldRelationshipatabranchofCitiintheUK.
5.5 Ifyouwanttomakeatransfertoanon-CitiaccountyoumustinstructustomakethetransferusingCitiPhoneBankingandinaccordancewithourGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.
6. Cheque books
NochequebookisavailablewiththisAccount.
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7. Citi ATM Card
7.1 IfyoulinkyourCitiATMCardtothisAccount,youwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.
7.2 IfyoulinkyourCitiDebitCardtothisAccountyouwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.YouwillnotbeabletouseitasaCitiDebitCardinrespectofanyaccount(includingthisAccount)whileitislinkedtothisAccount.
8. Monthly Account Fees
8.1 Youwillnotbechargedamonthlyaccountfeeforanymonthforwhich:
(a) atthetimeweassesswhetherornotafeeisapplicableyouhold:
(i) aCitigoldCurrentAccountwithCitiintheUK;or
(ii) aCitiPlusAccountwithCitiintheUK;
(b) yourAccountholdsanaveragemonthlybalanceof£2,000ormoreinEuros;or
(c) yourAccounthasnotbeenopenfortheentiremonth.
8.2 FortheavoidanceofdoubtwewillassesswhetheramonthlyaccountfeeisapplicableonthelastBankingDayofeachcalendarmonth.
8.3 ForJointAccounts,theAccountwillnotbechargedthemonthlyaccountfeeifatleastoneoftheAccountHoldersmeetsthecriteriainCondition8.1.
8.4 IfyourAccountistreatedasdormantyouwillnotbechargedamonthlyaccountfee.
8.5 InallothercircumstancesyouwillbechargedamonthlyaccountfeeattheratesetoutintheRatesandChargesInformation.ThisfeewillbedeductedwithinthefirstfiveBankingDaysofthefollowingmonth.ThisfeeisdenominatedinSterlingandwillbeconvertedintothecurrencyoftheAccountusingthe“Citi UK”referenceexchangerateapplicableonthedaythefeeisdeducted.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.Thefeewillbedebitedwithoutpriornotification.Inaddition,wemaydeductanyoverduemonthlyaccountfeesfromanyCitiaccountincreditwhichisheldinthesamename(ornames)asthisAccount.
8.6 TheaveragemonthlybalanceistheaveragebalanceyouhaveinyourAccountforagivencalendarmonth.ItiscalculatedbydividingthesumofyourdailyclearedcreditbalancesforallBankingDaysforthatmonthontheAccountbythenumberofBankingDaysintherelevantmonth.YourclearedcreditbalanceiscalculatedattheendofeachBankingDay.
8.7 Forthepurposesofestablishingwhetheryouraveragemonthlybalanceis£2,000ormore(inEuros)wewillusethe“Citi UK”referenceexchangerateapplicableonthelastBankingDayofthemonth.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.
20
Foreign Currency Deposit Accounts
1. Conditions 1.1 TheseAccountSpecificTermsandConditionsapplytotheForeignCurrencyDepositAccount.Theyareadditionalto
andshouldbereadtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseForeignCurrencyDepositAccountTermsandConditions,meanstheForeignCurrencyDepositAccount.
1.3 TheAccountmayonlybeheldincertaincurrencies.AseparateAccountwillbeopenedforeachcurrencyyouwishtodeposit.
2. Direct Debits/Standing Orders YoucannotsetupDirectDebitsorStandingOrderstomakepaymentsfromtheAccount.
3. Overdrafts ThereisnooverdraftfacilityavailableonthisAccount.
4. Daily Withdrawals 4.1 IfyouhaveaCitigoldRelationship,youmaywithdrawupto£10,000cashperdayinSterlingorthecurrency
equivalent(calculatedusingthe“Citi UK”referenceexchangerateapplicableonthatday)fromanybranchofCitiintheUK,subjecttoavailablefundsinbranch,ifsuchamountiswithinyourAvailableBalance.LargerwithdrawalswillrequiretwoBankingDays’notice.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.
4.2 IfyouwishtowithdrawcashotherthanSterling,EurosorUSDollars,thenyoumustgiveCitiatleasttwoBankingDays’notice.
4.3 YoumaymakewithdrawalsincashatcertainATMsdisplayingtheCardScheme/LINKlogo,subjectto:
(a) anylimitondailywithdrawalssetoutinourRatesandChargesInformation;
(b) theindividualmachinelimit;
(c) yourAvailableBalance;and
(d) specificlimitsdeterminedandnotifiedtoyoubyCitifromtimetotime.
4.4 ThelimitreferredtoinCondition4.3(a)oftheseForeignCurrencyDepositTermsandConditionsisanaggregatelimit
thatappliesacrossalltheaccountsyouholdwithCitiUKfromwhichyouareabletomakeATMwithdrawals.Thelimit
applicabletoyouwilldependonwhetheryou:
(a) areaCitigoldPrivateClient;
(b) holdaCitigoldCurrentAccountwithCitiintheUK;
(c) holdaCitiPlusCurrentAccountwithCitiintheUK;or
(d) holdaCitiAccessCurrentAccountwithCitiintheUK.
5. Interest 5.1 Interest,ifapplicable,willbecalculateddailyandappliedtotheaccountonamonthlybasis.
5.2 Interestiscalculatedona365-daybasisforSterlingandHongKongDollarAccountsandona360-daybasisforAccountsinallothercurrencies.
6. Cheque books NochequebookisavailablewiththisAccount.
7. Citi ATM Card 7.1 IfyoulinkyourCitiATMCardtothisAccount,youwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.
7.2 IfyoulinkyourCitiDebitCardtothisAccountyouwillbeabletousetheCardasaCitiATMCardinrespectofthisAccount.YouwillnotbeabletouseitasaCitiDebitCardinrespectofanyaccount(includingthisAccount)whileitislinkedtothisAccount.
8. Monthly Account Fees 8.1 Youwillnotbechargedamonthlyaccountfeeforanymonthforwhich: (a) atthetimeweassesswhetherornotafeeisapplicableyouhold: (i) aCitigoldCurrentAccountwithCitiintheUK;or (ii) aCitiPlusAccountwithCitiintheUK; (b) yourAccountholdsanaveragemonthlybalanceof£2,000ormore(inforeigncurrencyequivalent);or (c) yourAccounthasnotbeenopenfortheentiremonth.
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8.2 FortheavoidanceofdoubtwewillassesswhetheramonthlyaccountfeeisapplicableonthelastBankingDayofeachcalendarmonth.
8.3 ForJointAccounts,theAccountwillnotbechargedthemonthlyaccountfeeifoneoftheAccountHoldersmeetsthecriteriainCondition8.1.
8.4 IfyourAccountistreatedasdormantyouwillnotbechargedamonthlyaccountfee.
8.5 InallothercircumstancesyouwillbechargedamonthlyaccountfeeattheratesetoutintheRatesandChargesInformation.ThisfeewillbedeductedwithinthefirstfiveBankingDaysofthefollowingmonth.ThisfeeisdenominatedinSterlingandwillbeconvertedintothecurrencyoftheAccountusingthe“Citi UK”referenceexchangerateapplicableonthedaythefeeisdeducted.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.Thefeewillbedebitedwithoutpriornotification.Inaddition,wemaydeductanyoverduemonthlyaccountfeeswithoutpriornotificationfromanyCitiaccountincreditwhichisheldinthesamename(ornames)asthisAccount.
8.6 TheaveragemonthlybalanceistheaveragebalanceyouhaveinyourAccountforagivencalendarmonth.ItiscalculatedbydividingthesumofyourdailyclearedcreditbalancesforallBankingDaysforthatmonthontheAccountbythenumberofBankingDaysintherelevantmonth.YourclearedcreditbalanceiscalculatedattheendofeachBankingDay.
8.7 Forthepurposesofestablishingwhetheryouraveragemonthlybalanceis£2,000ormore(inforeigncurrency)wewillusethe“Citi UK”referenceexchangerateapplicableonthelastBankingDayofthemonth.DetailsofthesereferenceexchangeratesareavailablethroughCitiPhoneBanking.
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Time Deposit Accounts (Accounts opened on or after 9 March 2010 but before 7 April 2014)(not available to new applicants)
1. Conditions 1.1 TheseAccountSpecificTermsandConditionsapplytotheTimeDepositAccount.Theyareadditionaltoandshouldbe
readtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseTimeDepositAccountTermsandConditions,meansaTimeDepositAccountopenedonorafter9March2010andbefore7April2014.
1.3 TheAccountmayonlybeheldincertaincurrencies(youcanaskusfordetailsofcurrenciesinwhichtheAccountisavailable).YoumaymakeonlyonedepositperAccount(butmayopenmorethanoneAccount).
1.4 ACitisavingsorcurrentaccount(otherthanaTimeDepositorFixedRateBondaccount)inthesamename(s)andcurrencyastheAccount(your“nominated Citi account”)mustbeopenedbeforeatimedepositcanbeaccepted.Ifyoualreadyhaveanappropriateaccount,anewoneisnotrequired.
1.5 The14-daycancellationperiodspecifiedintheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountsdoesnotapplytothisTimeDepositAccount.
1.6 WedonotconsideryourAccounttobeanaccountusedfortheplacing,transferringand/orwithdrawingfunds.TheonlypaymentsmadetoandfromthisAccountareyourinitialdepositand,onmaturity,therepaymentoftheinitialdepositandpaymentofinterestinaccordancewiththeseAccountSpecificTermsandConditions.
2. Deposits 2.1 AninitialminimumdepositisrequiredtoopentheAccount.WewilltellyouwhatthisisbeforeyouopentheAccount.
Wewillalsotellyouthemaximumdepositthatcanbemade. 2.2 YourdepositmustbemadebyfundstransferfromyournominatedCitiaccount(chequeswillnotbeaccepted).This
transfermustberequestedatthetimeofopeningtheAccount. 2.3 NofurtherdepositsandnowithdrawalsarepermittedduringthetermoftheAccount,subjecttoearlytermination
underCondition4below.
3. Term 3.1 ThetermoftheAccountisasagreedwithyouonAccountopeningandthematuritydatewillbethefirstBankingDay
followingtheendofthatterm. 3.2 SubjecttoCondition4below,fundsmustremainondepositforthechosenterm,withfundsavailableforuseonthe
maturitydate. 3.3 ThebalanceoftheAccountwillbepaidintoyournominatedCitiaccountonmaturity.
4. Early Termination Achargeequivalentto60days’interestonthebalanceoftheAccountfortermsofuptoandincluding6months,or120
days’interestfortermsover6monthswillbeincurredifyoucloseyourAccountbeforethematuritydate(exceptwheretheAccountisclosedfollowingthedeathoftheAccountHolder).Thisfeewillbedeductedfirstfromanyaccruedinterest,butwherethereisinsufficientaccruedinteresttomeetthechargeinfull,anyadditionalsumwillbedeductedfromthecapitalinyourAccount.TheremainingbalancewillbetransferredtoyournominatedCitiaccount.Oncethewithdrawalhasbeenmade,theAccountwillbeclosed.Partialwithdrawalsarenotpermitted.WewillnotchargeforearlyterminationifweclosetheAccountforoneofthereasonslistedinCondition26.1(a)orpursuanttoCondition20.5oftheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts,exceptwhereweclosetheAccountbecauseyouhavecancelledorterminatedyourAgreementwithus.
5. Interest 5.1 TheinterestrateisfixedforthetermoftheAccount.WewilltellyoutheratethatappliestoyourAccountbeforeyou
openit. 5.2 InterestwillbecalculateddailyandappliedtotheAccountattheendoftheterm. 5.3 Interestiscalculatedona365-daybasisforSterlingandHongKongDollarAccountsandona360-daybasisfor
Accountsinallothercurrencies.
6. Tax 6.1 Interestispaidnetofbasicrateincometaxonanytimedeposit,unlessyouqualifyforgrossinterestpayments,in
whichcaseyoumustnotifyusandprovideuswiththeappropriatedocumentation. 6.2 Whererequiredbylaworregulation,informationregardingyouraccountmaybereportedtotaxationauthoritiesin
theUKorotherjurisdictions.
7. Nominated Citi account IfyournominatedCitiaccountisnolongeropenatthetimeofmaturity(orearlierclosure),wewilltransferanyfundsdue
onmaturitytoanotherCitiaccountheldbyyou.IfyoudonothaveanappropriateCitiaccount,wewillcontactyouandaskyoutoopenaCitiaccounttoreceivethebalanceoftheAccount,ortogiveusthedetailsofacurrentaccountinyourname(orjointnamesforanAccountheldbyJointAccountHolders)withanotherbankintheUK.
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8. Changes to these terms WewillnotchangeanyofthesetermsexceptforareasonlistedinCondition30.3(a)oftheGeneralTermsandConditions
forCitiCurrentAccountsandSavingsAccounts.AnychangeswillbenotifiedinaccordancewiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.
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Time Deposit Accounts (Accounts opened on or after 7 April 2014)
1. Conditions 1.1 TheseAccountSpecificTermsandConditionsapplytotheTimeDepositAccount.Theyareadditionaltoandshouldbe
readtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseTimeDepositAccountTermsandConditions,meansaTimeDepositAccountopenedonorafter7April2014.
1.3 TheAccountmayonlybeheldincertaincurrencies(youcanaskusfordetailsofcurrenciesinwhichtheAccountisavailable).YoumaymakeonlyonedepositperAccount(butmayopenmorethanoneAccount).
1.4 ACitisavingsorcurrentaccount(otherthanaTimeDepositorFixedRateBond)inthesamename(s)astheAccount(your“nominated Citi account”)mustbeopenedbeforeatimedepositcanbeaccepted.Ifyoualreadyhaveanappropriateaccount,anewoneisnotrequired.
1.5 The14-daycancellationperiodspecifiedintheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountsdoesnotapplytothisAccountandyoucannotcanceltheagreementforthisAccountonceyouhavemadeadepositintoit.
1.6 WedonotconsideryourAccounttobeanaccountusedfortheplacing,transferringand/orwithdrawingfunds.TheonlypaymentsmadetoandfromthisAccountareyourinitialdepositand,onmaturity,therepaymentoftheinitialdepositandpaymentofinterestinaccordancewiththeseAccountSpecificTermsandConditions.
2. Deposits 2.1 AninitialminimumdepositisrequiredtoopentheAccount.WewilltellyouwhatthisisbeforeyouopentheAccount.
Wewillalsotellyouthemaximumdepositthatcanbemade. 2.2 YourdepositmustbemadebyfundstransferfromyournominatedCitiaccount(chequeswillnotbeaccepted).
ThistransfermustberequestedatthetimeofopeningtheAccount.IfyournominatedCitiaccountisinacurrencydifferenttothecurrencyoftheAccount,wewillconvertyourdepositintothecurrencyoftheAccountusingthe“Citi UK”referenceexchangerateapplicableatthetimeyoumakeyourdeposit.YoucancontactCitiPhoneBankingforfulldetailsoftheactualratesusedtoconvertaforeigncurrencypaymentandwewillprovideyouwiththeapplicableratebeforeyoumakeyourdeposit.
2.3 NofurtherdepositsandnowithdrawalsarepermittedduringthetermoftheAccount,subjecttoearlyterminationunderCondition4below.
3. Term 3.1 ThetermoftheAccountisasagreedwithyouonAccountopeningandthematuritydatewillbethefirstBankingDay
followingtheendofthatterm. 3.2 WhenyouopenyourAccountyouwillbeaskedifyouwishtheAccounttorenewautomaticallyattheendoftheterm. 3.3 IfyoudonotchooseforyourAccounttorenewautomatically,itwillmatureafterthestatedterm. 3.4 IfyoudochooseforyourAccounttorenewautomatically,youcanchoosefor: (a) youroriginaldepositandanyinterestearned;or (b) justyouroriginaldeposit, tobeplacedinanewAccountforasimilarterm,withthesamerightsofaccess,astheoriginalAccount.Wewill
contactyoubeforethishappenstoletyouknowtheratethatwillapplytoyournewAccount.OurratesareavailablethroughCitiOnlineorCitiPhoneBanking.
3.5 WewillcontinuetodothisuntilwereceiveinstructionsfromyoutothecontraryoruntilsuchtimeastheAccountisnolongeravailableforrenewal.Ifyouwishsubsequentlytorevokeyourrenewalinstructionsyoumustgiveustheinstructiontorevokenolaterthan11.30amUKtimeontheBankingDaypriortothematuritydateusingCitiOnlineorbyCitiPhoneBanking.
3.6 SubjecttoCondition4below,fundsmustremainondepositforthechosenterm,withfundsavailableforuseonthematuritydate.
3.7 ThebalanceoftheAccountwillbepaidintoyournominatedCitiaccountonmaturity.IfyournominatedCitiaccountisinacurrencydifferenttothecurrencyoftheAccount,wewillconvertyourdepositintothecurrencyoftheAccountusingthe“Citi UK”referenceexchangerateapplicableatthetimewemakethetransfer.YoucancontactCitiPhoneBankingforfulldetailsoftheactualratesusedtoconvertaforeigncurrencypaymentandyoucanobtaintheapplicableratebeforewepaythebalanceintoyournominatedCitiaccount.
4. Early Termination 4.1 IfyouterminateyourAccountbeforethematuritydate,youwillincuracharge(exceptwheretheAccountisclosed
followingthedeathoftheAccountHolder).Thatchargewillreflectthecostwereasonablyexpect,atthetimeyounotifyusthatyouwillbeterminatingyourAccount,thatwewillincurasaresultofhavingtoreplaceyourdepositattheratethenavailableinthemarketfordepositsofthatsize.
4.2 Wewillcalculatethischarge(the“Early Termination Charge”)asfollows: (a) firstly,weworkoutthetimeremainingofyourtermasafractionoftheinterestcalculationperiodforyour
Account(interestiscalculatedonthebasisofa365-dayperiodforSterlingandHongKongDollarAccountsandonthebasisofa360-dayperiodforAccountsinallothercurrencies)andapplythatfractiontoyourdepositgivingusyour“Pro-Rated Deposit”;
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(b) thenweapplyyourAccount’sfixedinterestratetoyourPro-RatedDeposittoworkoutthe“Fixed Rate Cost”; (c) then,weapplyadailypercentageratetoyourPro-RatedDeposittoworkoutthe“Termination Cost”.Thedaily
percentagerateusedincalculatingtheTerminationCostwillreflectthecostofsourcingtheequivalentfundsfromthemarketfortheremainderofyourterm;and
(d) finally,weworkoutyourEarlyTerminationCharge,whichistheTerminationCostminustheFixedRateCost. 4.3 IftheamountcalculatedunderCondition4.2isnegative,youwillnotneedtopayanyEarlyTerminationCharge. 4.4 Beforewemakeanyearlyrepaymentofyourdeposit,wewilltellyoutheestimatedEarlyTerminationCharge(based
ontheestimateddateoftermination).FurtherdetailsofhowwecalculateearlyterminationchargesaresetoutinourRatesandChargesInformation.
4.5 Thisfeewillbedeductedonlyfromaccruedinterest.WewillnotdeductanythingfromthecapitalinyourAccount,evenifweareunabletocollectthewholeamountowedtous.
4.6 TheremainingbalancewillbetransferredtoyournominatedCitiaccount.Oncethewithdrawalhasbeenmade,theAccountwillbeclosed.Partialwithdrawalsarenotpermitted.IfyournominatedCitiaccountisinacurrencydifferenttothecurrencyoftheAccount,wewillconvertyourdepositintothecurrencyoftheAccountusingthe“Citi UK”referenceexchangerateapplicableatthetimewemakethetransfer.YoucancontactCitiPhoneBankingforfulldetailsoftheactualratesusedtoconvertaforeigncurrencypaymentandyoucanobtaintheapplicableratebeforewetransfertheremainingbalancetoyournominatedCitiaccount.
4.7 IntheeventofthedeathofasingleAccountHolder,theAccountmaybeclosedwithoutchargebythepersonalrepresentativesoftheAccountHolder(afterprovidingevidenceoftheirauthority)andallaccruedinterestduetothedateofclosurewillbepaid.IftheAccountisheldinjointnamesandonepartydies,theAccountwillbetransferredintothename(s)ofthesurvivingAccountHolder(s)onreceiptofthedeathcertificate.
4.8 ItwillnormallytaketwoBankingDaysforanaccountclosurerequesttobeprocessed.Wecanonlyactonyourinstructionstotransferthefundsoncethatprocessiscomplete.
4.9 WewillnotchargeforearlyterminationifweclosetheAccountforoneofthereasonslistedinCondition26.1(a)orpursuanttoCondition20.5oftheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts,exceptwhereweclosetheAccountbecauseyouhavecancelledorterminatedyourAgreementwithus.
5. Interest 5.1 TheinterestrateisfixedforthetermoftheAccount.WewilltellyoutheratethatappliestoyourAccountbeforeyou
openit. 5.2 InterestwillbecalculateddailyandappliedtotheAccountattheendofthetermofyourAccount. 5.3 Interestiscalculatedona365-daybasisforSterlingandHongKongDollarAccountsandona360-daybasisfor
Accountsinallothercurrencies.
6. Nominated Citi account IfyournominatedCitiaccountisnolongeropenatthetimeofmaturity(orearlierclosure),wewilltransferanyfundsdue
onmaturitytoanotherCitiaccountheldbyyou.IfyoudonothaveanappropriateCitiaccount,wewillcontactyouandaskyoutoopenaCitiaccounttoreceivethebalanceoftheAccount,ortogiveusthedetailsofacurrentaccountinyourname(orjointnamesforanAccountheldbyJointAccountHolders)withanotherbankintheUK.
7. Changes to these terms WewillnotchangeanyofthesetermsexceptforareasonlistedinCondition30.3(a)oftheGeneralTermsandConditions
forCitiCurrentAccountsandSavingsAccounts.AnychangeswillbenotifiedinaccordancewiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.
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Fixed Rate Bond
1. Conditions 1.1 TheseAccountSpecificTermsandConditionsapplytotheFixedRateBond.Theyareadditionaltoandshouldbe
readtogetherwiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.Ifthereisanyinconsistencybetweenthem,theseAccountSpecificTermsandConditionsoverridetheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccountstotheextentoftheinconsistency.
1.2 “Account”,whenusedintheseFixedRateBondTermsandConditions,meanstheFixedRateBond. 1.3 TheAccountmayonlybeheldincertaincurrencies(youcanaskusfordetailsofcurrenciesinwhichtheAccountis
available).YoumaymakeonlyonedepositperAccount(butmayopenmorethanoneAccount). 1.4 ACitiSterlingsavingsorcurrentaccount(excludingTimeDepositandFixedRateBondaccounts)inthesamename(s)
andcurrencyastheAccount(your“nominated Citi account”)mustbeopenedwithCitibeforeadepositcanbeaccepted.Ifyoualreadyhaveanappropriatesavingsorcurrentaccount,anewoneisnotrequired.
1.5 WedonotconsideryourAccounttobeanaccountusedfortheplacing,transferringand/orwithdrawingfunds.TheonlypaymentsmadetoandfromthisAccountareyourinitialdepositand,onmaturity,therepaymentoftheinitialdepositandpaymentofinterestinaccordancewiththeseAccountSpecificTermsandConditions.
2. Deposits 2.1 Aninitialminimumdepositof£500(orcurrencyequivalent)isrequiredtoopentheAccount.Youmaynotmakea
depositofmorethan£3,000,000(orcurrencyequivalent). 2.2 YourdepositmustbemadebyfundstransferredfromyournominatedCitiaccount(chequeswillnotbeaccepted).
ThistransfermustberequestedatthetimeofopeningtheAccount. 2.3 NofurtherdepositsandnowithdrawalsarepermittedduringthetermoftheAccount,subjecttoearlytermination
underCondition4below.
3. Term 3.1 ThetermoftheAccountisasagreedwithyouonAccountopeningandthematuritydatewillbethefirstBankingDay
followingtheendofthatterm. 3.2 Fundsmustremainondepositforthewholeterm,withfundsavailableforuseonthematuritydate. 3.3 ThebalanceoftheAccount(includingallaccruedinterest)willbepaidintoyournominatedCitiaccountonmaturity.
4. Early Termination 4.1 IfyouterminateyourAccountbeforethematuritydate,youwillincuracharge(exceptwheretheAccountisclosed
followingthedeathoftheAccountHolder).Thatchargewillreflectthecostwereasonablyexpect,atthetimeyounotifyusthatyouwillbeterminatingyourAccount,thatwewillincurasaresultofhavingtoreplaceyourdepositattheratethenavailableinthemarketfordepositsofthatsize.
4.2 Wewillcalculatethischarge(the“Early Termination Charge”)asfollows: (a) firstly,weworkoutthetimeremainingofyourtermasafractionoftheinterestcalculationperiodforyour
Account(interestiscalculatedonthebasisofa365-dayperiodforSterlingandHongKongDollarAccountsandonthebasisofa360-dayperiodforAccountsinallothercurrencies)andapplythatfractiontoyourdepositgivingusyour“Pro-Rated Deposit”;
(b) thenweapplyyourAccount’sfixedinterestratetoyourPro-RatedDeposittoworkoutthe“Fixed Rate Cost”; (c) then,weapplyadailypercentageratetoyourPro-RatedDeposittoworkoutthe“Termination Cost”.Thedaily
percentagerateusedincalculatingtheTerminationCostwillreflectthecostofsourcingtheequivalentfundsfromthemarketfortheremainderofyourterm;and
(d) finally,weworkoutyourEarlyTerminationCharge,whichistheTerminationCostminustheFixedRateCost. 4.3 IftheamountcalculatedunderCondition4.2isnegative,youwillnotneedtopayanyEarlyTerminationCharge. 4.4 Beforewemakeanyearlyrepaymentofyourdeposit,wewilltellyoutheestimatedEarlyTerminationCharge(based
ontheestimateddateoftermination).FurtherdetailsofhowwecalculateearlyterminationchargesaresetoutinourRatesandChargesInformation.
4.5 Thisfeewillbedeductedonlyfromaccruedinterest.WewillnotdeductanythingfromthecapitalinyourAccount,evenifweareunabletocollectthewholeamountowedtous.
4.6 TheremainingbalancewillbetransferredtoyournominatedCitiaccount.Oncethewithdrawalhasbeenmade,theAccountwillbeclosed.Partialwithdrawalsarenotpermitted.
4.7 IntheeventofthedeathofasingleAccountHolder,theAccountmaybeclosedwithoutchargebythepersonalrepresentativesoftheAccountHolder(afterprovidingevidenceoftheirauthority)andallaccruedinterestduetothedateofclosurewillbepaid.IftheAccountisheldinjointnamesandonepartydies,theAccountwillbetransferredintothename(s)ofthesurvivingAccountHolder(s)onreceiptofthedeathcertificate.
4.8 ItwillnormallytaketwoBankingDaysforanaccountclosurerequesttobeprocessed.Wecanonlyactonyourinstructionstotransferthefundsoncethatprocessiscomplete.
4.9 WewillnotchargeforearlyterminationifweclosetheAccountforoneofthereasonslistedinCondition26.1(a)orpursuanttocondition20.5oftheGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts,exceptwhereweclosetheAccountbecauseyouhavecancelledorterminatedyourAgreementwithus.
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5. Interest 5.1 TheinterestrateisfixedforthetermoftheAccount.WewilltellyoutheratethatappliestoyourAccountbeforeyou
openit. 5.2 InterestwillbecalculateddailyandappliedtotheAccountattheendofthetermofyourAccount. 5.3 AllinterestpaymentswillbemadetotheAccount.Wewillnotpayinteresttoanyotheraccount(exceptassetoutin
Condition3.3above).
6. Nominated Citi account IfyournominatedCitiaccountisnolongeropenatthetimeofmaturity(orearlierclosure),wewilltransferanyfundsdue
onmaturitytoanotherCitiaccountheldbyyou.IfyoudonothaveanappropriateCitiaccount,wewillcontactyouandaskyoutoopenaCitiaccounttoreceivethebalanceoftheAccount,ortogiveusthedetailsofacurrentaccountinyourname(orjointnamesforanAccountheldbyJointAccountHolders)withanotherbankintheUK.
7. Changes to these terms WewillnotchangeanyofthesetermsexceptforareasonlistedinCondition30.3(a)oftheGeneralTermsandConditions
forCitiCurrentAccountsandSavingsAccounts.AnychangeswillbenotifiedinaccordancewiththeGeneralTermsandConditionsforCitiCurrentAccountsandSavingsAccounts.
CitibankEuropeplcisauthorisedbytheCentralBankofIrelandandbythePrudentialRegulationAuthority.ItissubjecttosupervisionbytheCentralBankofIreland,andsubjecttolimitedregulationbytheFinancialConductAuthorityandthePrudentialRegulationAuthority.DetailsabouttheextentofourauthorisationandregulationbythePrudentialRegulationAuthority,andregulationbytheFinancialConductAuthorityareavailablefromusonrequest.CitibankEuropeplc,UKBranchisregisteredasabranch(registrationnumberFC032763)intheregisterofcompaniesforEnglandandWales.TheregisteredaddressintheUKisCitigroupCentre,CanadaSquare,CanaryWharf,LondonE145LB.CitibankEuropeplcisregisteredinIrelandwithnumber132781,withitsregisteredofficeat1NorthWallQuay,Dublin1.CitibankEuropeplcisregulatedbytheCentralBankofIreland.UltimatelyownedbyCitigroupInc.,NewYork,USA.©CitibankN.A.2018.CITI,CITIandArcDesignareregisteredservicemarksofCitigroupInc.Callsmaybemonitoredorrecordedfortrainingandservicequalitypurposes.
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