Be prepared for overseas travel this summer with CKI’s ‘must-have item’ for overseas trip

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2009-06-28 11:00

Seoul--(뉴스와이어)--Citibank Korea(CEO Yung-Ku Ha, www.citibank.co.kr) will offer a lucky draw event until the end of July to grant various gifts such as Nintendo Wii, ipod shuffle, gift voucher, etc. to customers using ICC overseas among those who added ICC function to their Citi Visa Card.

‘Citi Card loaded with ICC function’ allows you to withdraw cash in local currency without having to carry cash or traveler’s check for travel. Also, you can use the card either for credit purchase or cash withdrawal to split FX risk when FX rates fluctuate. The card could be called ‘must-have item for overseas travel’ for such versatility.

When FX rate moves downward, you can use credit card to earn FX gain for a period until the applicable FX rate is determined. On the contrary, it is better to withdraw from your deposit account in local currency when FX rate rises. Besides, ICC that uses Citi’s global network costs only $1 per transaction for overseas cash withdrawal, while other cards cost around $2-6.

“If you exchange in cash prior to departure for overseas travel, it is difficult to keep the money safe and it will be uneasy to use only credit card when FX rates fluctuate. Moreover, the expensive charge for overseas cash withdrawal is burdensome. You can resolve all such concerns only with Citi Card installed with ICC function,” explained a CKI officer.

For more details, please call 1588-7000 or visit CKI home page (www.citibank.co.kr) or 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 March, 2009) 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