![]() ![]() ![]() The transaction will be directed to the Primary account linked with your Citibank Debit Mastercard and will be effected at the prevailing exchange rate, without incurring additional foreign currency conversion fees and administrative fees. If the website has converted your transaction to their local currency (not within the 15 currencies in Citibank Global Wallet, or a foreign currency account that you do not hold) during check out, you will be charged in their local currency accordingly. If prompted, select payment in the foreign currency to ensure the transaction is debited from your Citibank Global Wallet. You may be given a choice to select your preferred currency when making payment on most online shopping sites. Once you turn on Citibank Global Wallet, your transaction is automatically debited from your foreign currency account as long as there is sufficient balance. No, you will not need to manually select the foreign currency for your transaction. You can identify DCC transactions with "(DCC)" beside the transaction in your statement as below: If home currency is selected, you will incur a Dynamic Currency Conversion (DCC) fee charged by the Acquirer with the foreign currency cash withdrawal debited from your Primary account. You should reject currency conversion options to avoid incurring additional fees/charges.ĭCC is a service that may be offered by a Merchant or Acquirer that enables a Cardholder – when travelling abroad or making a transaction that is not in their home currency (i.e SGD) – to choose whether their transaction should be completed in either the local currency or their home currency (i.e SGD). Please note that even after you have linked your Citibank Debit Mastercard to your Citibank Global Wallet, you may still be given an option for currency conversion during ATM cash withdrawals or POS transactions due to the Dynamic Currency Conversion (DCC)1 process imposed by other banks on overseas transactions. There will also not be any foreign exchange conversion fees and withdrawal fees at any Citi proprietary ATMs worldwide or when you transfer funds to another Citibank account. ![]() There are no third party or international transaction fees when utilizing your Citibank Global Wallet feature at point-of-sale or online shopping. ![]()
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