dollar as the international currency of choice for remittances, trade, and financial settlements. Journal of Technology Transfer, 28, 81-85. Needless to say I have cut all my ties with Citibank, both in HK and in USA.īe sure you ask about their terms in details and understand it thoroughly before signing your papers. The global economy relies on the stability and reliability of the U.S. Castells and Hall's (1994) concept of technopoles aptly describe the Blue IQ and CITI initiatives, viz. But the way they go about it was absolutely sneaky and arrogant. Who are they kidding? They basically aim to chase certain account types to extinction. 1.5 million dollars to waive monthly fees. Send money to other Citibank accounts in the US. They would continue to drain my accounts while I was not looking until they go to zero. And they started charging me HKD $400 per month as monthly service fee for not meeting minimum balance, without prior notice. From what I remember, it was something like USD $200000 (HKD 1.5 million). In 2017, they suddenly decided to raise the minimum balance by. I had met their minimum balance requirements to waive the fees for many years. I used to have Citi Hong Kong accounts in both HKD and USD from oversea. "No minimum balance"? Doesn't seem to be the Citi bank that I know. This service lets you transfer money from your Citibank account to other Citibank accounts in the US.
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