Foreign Exchange

The depth and diversity of this market can offer many potential opportunities for seeking returns and managing risks.

Citi Private Bank’s Foreign Exchange team can work with you and your Private Banker to devise and implement FX strategies that seek to meet your particular objectives.

Extensive FX access

Citi’s award-winning[i] coverage includes local FX presence in 81 countries and also offers pricing and trading in a wide array of currencies and precious metals.

Through our desks in New York, Singapore, London, and Geneva, you can therefore access the world’s FX markets 24 hours a day.

Our offering for you includes competitive pricing, sophisticated global limit order monitoring, market transparency, efficient execution and timely settlement on currencies and services.

[i] Awards won in 2015 included Global Finance’s Best FX Bank Globally and FX Week’s Best FX Bank Overall. A full list of awards can be seen here.

Sophisticated insights

Citi Private Bank is an integral part of Citi’s Institutional Clients Group, which allows us to harness Citi’s FX research and live market intelligence.

The Private Bank’s experienced FX specialists can bring you real-time insights into market developments and international order flows.

If you have particularly sophisticated needs and meet eligibility requirements, you may be able to benefit from analysis of your FX positions and strategies by our Global Investment Lab.

Innovative offering

Our FX specialists are well seasoned in serving the currency needs of individual investors, law firms, private equity firms, family offices and others.

We can build strategies designed to help you enhance your yields, hedge your exposures, or invest systematically in FX.

You can also benefit from Citi’s cutting-edge trading technology and proprietary products, such as the CitiFX indices, which give access to popular FX strategies.

Over-the-counter derivative contracts, including foreign exchange transactions, are unsecured obligations of Citibank, N.A. They are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other governmental entity. They are also not guaranteed by Citibank N.A. or any of its affiliates and are subject to investment risks, including possible loss of the principal amount invested.

US investors must meet Eligible Contract Participant requirements. Foreign exchange transactions are not suitable for all investors and are intended for experienced and sophisticated investors who among other things:

• Appreciate that options are "wasting assets" and that by purchasing an option, the client's entire investment is at risk.
• Understand the risks associated with investments in, and knowledge of foreign exchange transactions;
• Have sufficient knowledge and/or experience in the financial markets to determine that the investment is consistent with his/her financial and investment objectives;
• Have the ability to independently obtain information regarding the proposed investment;
• Will ensure that the investment risk is proportionate to his/her net worth;
• Have no need for liquidity from the investment, nor expect to meet any existing or future obligation with the investment;
• Will be making the investment for his/her own account.
• Are able to bear any loss in connection with the investment.