Citibank NA: Purpose, Values, FAQ, Contact Details

Citibank is the consumer division of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City Bank of New York.

Table of Contents

Purpose

The main purpose of exchange control is to: – Ensure the timely repatriation into the South African banking system of certain foreign currency acquired by residents of South Africa, whether through transactions of a current or of a capital nature; and – Prevent the loss of foreign currency resources through the

Values

  • Pride
  • Accountability
  • Innovation
  • Respect.

FAQ

Is Citibank and Citibank NA the Same?

Citibank N.A., the consumer banking arm of US financial services multinational Citigroup Inc., provides consumers, corporations, governments and institutions with financial products and services, including consumer banking and credit, corporate and investment banking, securities trading, transaction services and wealth …

What Is the Meaning of Citibank NA?

The designation National Association, or its abbreviation N.A. is a required part of the distinguishing legal title of a national bank, as in “Citibank, N.A.” The Federal Deposit Insurance Corporation (FDIC) insures deposits at both national and state banks.

Where Is Citibank NA Incorporated?

β€œCitibank, National Association,” Sioux Falls, South Dakota (Charter No. 1461), is a national banking association formed under the laws of the United States and is authorized thereunder to transact the business of banking on the date of this certificate.

Does Citibank Have Physical Locations?

With nearly 700 Citibank branches in the US and more than 1,800 overseas, we make visiting us as convenient as possible.

What’s Does NA Mean?

N/A or sometimes n/a is a common abbreviation in tables and lists for the phrase not applicable, not available or no answer. It is used to indicate when information in a certain table cell is not provided, either because it does not apply to a particular case in question or because the answer is not available.

Contact Details

Address: Cape Town
9th Floor
Cape Town Convention Tower
Cnr Walter Sisulu and Heerengracht Street

Tel: +27 (0)21 446 8400
Fax: +27 (0)21 419 4809

If you are interested in fashion and beauty tips, Click here to Subscribe to our YouTube Channel.

Check Also

nedbank private wealth

Nedbank private wealth: Purpose, Values, FAQ, Contact Details

Nedbank Group is a financial services group in South Africa offering wholesale and retail banking …

Leave a Reply

Your email address will not be published. Required fields are marked *