Citi launches ‘Global wallet’

Citi announced yesterday introducing Global Wallet to its newly revamped Citi Mobile App. Citi said, Global Wallet, in a first by a bank in Bahrain, is a new feature that allows customers to make purchases overseas without incurring additional currency conversion charges.

“The next generation Citi Mobile® App will change the way customers manage their purchases internationally,” said Christoph Geidner, Consumer Bank Head in Bahrain. Citi said to make the wallet work all need to be done is turning on it on the Citi Mobile® app and add foreign currency accounts, which will then instantly link to Citibank Debit Mastercard.

“The debit card will then automatically switch to the currency you are transacting in, allowing you to shop without incurring any extra fees. You can access up to four currencies on your card and top up your currencies when you find exchange rates favourable.”

Customers who travel for business, family or leisure or shop online on international websites will benefit from saving on FX and transaction fees and enjoy the convenience of accessing Bahraini Dinars, US dollars, GB pounds and Euros all with one debit card, the statement added.