What You Get
Inter-Institution Transfers is a free service that lets you make one-time or recurring online transfers between your Citibank accounts and your accounts at other banks, brokerages and credit unions in the US.
Easily make transfers between your Citibank checking, savings or money market account AND your checking, money market or investment account at another institution.
You can even use Inter-Institution Transfers to move money from your accounts at other financial firms directly into your high-interest Citibank savings account.
How It Works
Using Inter-Institution Transfers from Citibank is easy. You can:
- Make one-time and recurring transfers
- Make a transfer simply by setting up your non-Citi account by providing the account number and the
An ABA number—or routing number—is a 9–digit number assigned to the bank by the American Bankers Association (ABA) and used for routing transfers and other transactions. Think of it as the bank's
- See the chart for the amounts you can transfer
IMPORTANT NOTICE: Citi is in the process of upgrading the customer experience for the Inter–Institution Transfer (IIT) Service. The timing and limits applicable to your transfers may differ during this transition period, depending on whether you are utilizing an existing or new feature on Citi Online to make your transfer request.
We recommend that you add any existing linked external accounts and scheduled transfer instructions to our new Citi "Transfer Between Your Accounts" service. Please review the FAQ's below for further details.
|EXISTING EXPERIENCE||NEW EXPERIENCE|
|TIMING OF TRANSFER*||Standard ACH – 1 AM ET
Next day ACH – 3 PM ET
|Same day ACH – Instructions received before 12:30 PM ET
Next day ACH – Instructions received after 12:30 PM ET
|TRANSFER LIMITS**||Inbound monthly – $100,000
Inbound daily – $100,000
Outbound monthly standard ACH – $15,000
Outbound daily standard ACH – $10,000
Outbound monthly next day ACH – $2,500
Outbound daily next day ACH*** – $1,000
|Inbound monthly – $100,000 Tenured**** $15,000 Untenured
Inbound daily – $100,000 Tenured**** $10,000 Untenured
Outbound monthly – $50,000 Tenured**** $15,000 Untenured
Outbound daily – $25,000 Tenured**** $10,000 Untenured
* The times shown here affects when your transfer request will be executed. Transfers will be executed on the Business Day requested if your instructions are entered before the cutoff time shown. Transfers are subject to applicable limits.
** Monthly limits are measured on a rolling 30 calendar day basis.
*** In order to request an Outbound Next Day Transfer, the available balance in your Eligible Citibank Account must exceed the amount of the requested transfer by at least $500.
**** Customer has one or more Citi consumer accounts open for at least 91 days; credit card or first mortgage accounts are not included. Based on those accounts linked to online profile used with IIT service.
Important Notice re: Next Day Transfers to External Accounts:
Outbound daily and monthly next day transfer limits are currently limited to $50. Existing instructions for scheduled one-time or recurring next day transfer transactions greater than $50 will not be processed.