Important information : Citibank and Arc Design is a service mark of Citibank N.A. or Citicorp. Citibank is a registered service mark of Citibank, N.A. or Citicorp. ©Citibank, N.A. 2005. A member of Citigroup. The Rupee Checking Account is an account held with Citibank, N.A., India and the interest accrued on credit balances therein shall be at such rate as determined, from time to time, by Citibank, N.A., India in accordance with applicable Indian law.
All Rupee Deposits, Rupee Checking Accounts and FCNR Deposits are with, and payable solely at and by, the specific branch of Citibank, N.A., India, where such deposit/account is held, as per Reserve Bank of India rules, and in accordance with and subject to the laws of India, including any governmental actions, orders, decrees and regulations. Neither Citibank, N.A., India nor any other branch or office of Citibank, N.A. will be liable for loss due to failure to repay any deposit due to any act beyond the control of Citibank, N.A., India, including any act of the State, political disputes, civil commotion, war, expropriation or unrest or any other cause beyond the reasonable control of the paying branch of Citibank, N.A., India. Deposits at Citibank, N.A. (India branches) are not insured by the FDIC or any other U.S. government agency or any insurance corporation outside India. Any conversion from one currency to another shall be at the rate of conversion as applicable and determined by the bank as on the transaction date. Citibank's conversion rate for both incoming and outgoing transfers denominated in a foreign currency includes a commission for the conversion service.
For detailed Terms and Conditions, please refer to the Citibank Rupee & FCNR deposit account application. |