CKI, launches ‘Card Merchants’ Account’ aimed at Credit card merchants

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2008-11-24 10:03

Seoul--(뉴스와이어)--Citibank Korea Inc. (Y.K Ha, CEO www.citibank.co.kr) launched “Card Merchants’ Account” today, a specialized product with preferential services to credit card merchants.

“Card Merchants’ Account” allows card merchants to open this account under the name of either the representative or the business. If merchants receive daily card payments through this account, they are entitled to maximum 4.5%(before tax) of high rate per annum according to daily final balance and to exceptional fee waivers.

Opening this account offers fee waivers for most of CKI’s banking services; ▶ unlimited fee waiver for cash-withdrawal and fund transfer using ATMs, ▶ unlimited fee waiver for electronic banking(Internet, Citiphone, Mobile banking), ▶ unlimited fee waiver for in-branch money transfer(on-us and off-us) and bank check issuance, ▶ unlimited fee waiver for passbook re-issuance and varied certificates.

For inquiries on product details, please visit CKI Internet website (www.citibank.co.kr) or a close branch.

About Citibank Korea Inc.

Citibank had opened its first branch in Korea in 1967, and was born newly as Citibank Korea Inc. (CKI) through integration with KorAm Bank in 2004. CKI serves customers at 231 branches (as of end of September 2008) in Korea by providing the first class financial products and services based on the various products and know-how of Citi with global network including more than 100 years of history and 200 million customers in more than 100 countries. CKI delivers new financial world to the customers through development of innovative financial products and services, encompassing from corporate and investment banking to consumer banking, private banking, and wealth management. Furthermore, Citibank Korea Inc., as a responsible corporate citizen, conducts diverse community activities in the areas of financial education, next generation education, woman, diversity, community, and environment consistently in corporation with sound non-profit organizations.

웹사이트: http://www.citibank.co.kr