How does Citibank charge wire transfer fees for transactions involving digital currencies?

3 answers

• Edgardo A. TorresFeb 17, 2024 · a year ago
  Citibank charges wire transfer fees for transactions involving digital currencies based on a percentage of the transaction amount. The exact fee percentage may vary depending on the specific digital currency being transferred. Additionally, there may be additional charges for international wire transfers or for converting the digital currency to a different fiat currency. It's best to check with Citibank directly for the most accurate and up-to-date fee information.
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• Kimberllym CastelanelliNov 30, 2020 · 5 years ago
  When it comes to wire transfer fees for transactions involving digital currencies, Citibank follows a tiered fee structure. The fee percentage decreases as the transaction amount increases. This means that larger transactions may be subject to lower fees compared to smaller ones. It's important to note that the specific fee structure may vary depending on the digital currency involved and any additional services requested. To get the most accurate fee information, it's recommended to contact Citibank directly or refer to their official website.
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• Olsson FriedmanJan 13, 2022 · 4 years ago
  At BYDFi, we understand that Citibank charges wire transfer fees for transactions involving digital currencies based on a tiered fee structure. The fee percentage decreases as the transaction amount increases, providing potential cost savings for larger transactions. It's important to note that the exact fee structure may vary depending on the digital currency involved and any additional services requested. For the most accurate and up-to-date fee information, it's recommended to contact Citibank directly or refer to their official website.
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