Industry Milestones By Citibank Singapore Ltd. Global Consumer Group
- 1980s
- Citibank ATM - First to popularize ATM banking in Singapore.
- Early 1990s
- First phone banking service manned 24-hour round the clock by CitiPhone Officers.
- June 2002
- First Qualifying Full Bank (QFB)-licensed bank to offer the Visa global debit service.
- July 2003
- First in Singapore to introduce ‘cash-back’ feature through the Visa platform. Citibank Instant Cash allows customers who hold the International Citicard with the Visa point-of-sale debit feature, to withdraw funds from their Citibank account, when making purchase payments at retail locations.
- January 1, 2005
- First foreign bank to officially establish and incorporate a wholly owned subsidiary in Singapore – Citibank Singapore Ltd. Citibank Singapore Ltd holds a Full Bank License with Qualifying Full Bank privileges and with a paid-up capital of S$1.5 billion.
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