Investment and Treasury products are not available to U.S. Investors investing in investments and/or treasury products denominated in foreign (non-local) currency should be aware of the risk of exchange rate fluctuations that may cause loss of principal when foreign currency is converted to the investors home currency. Past performance is not indicative of future results: prices can go up or down. Investment and Treasury products are subject to Investment risk, including possible loss of principal amount invested. Investment products are not insured by government or governmental agencies. or any of its affiliates or subsidiaries unless specifically stated. Investment products are not bank deposits or obligations or guaranteed by Citibank N.A., Citigroup Inc. 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 AED) - to choose whether their transaction should be completed in either the local currency or their home currency (i.e AED). 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) 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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