Account Services

Local Demand Deposit Accounts

What is it?


Local demand deposit accounts are locally held current accounts. They are available in both local currency and foreign (USD) currency denominations. These accounts are interest bearing. (Special conditions apply).

How does it work?


What are the benefits?


What are the requirements?


In addition to completing our account opening documentation, the following are required for opening any of our chequing or savings accounts:

New York Demand Deposit Accounts

What is it?


A U.S. dollar checking account opened at Citibank, N.A. 111 Wall Street, New York, where funds are concentrated and managed by clients. You can receive credits or withdraw U.S. dollar funds on demand without restriction or penalty.

How does it work?


What are the benefits?


Requirements