Citi Bank in the Philippines

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Citibank Philippines

1. Age

Age from

2. Time to review

From application to receipt of money

3. Other conditions

Product Overview

Product Name:Citi Personal Loan
Remarks:With faster processing time
Minimum Amount of Loan:20,000.00
Maximum Amount of Loan:2,000,000.00
Minimum Loan Tenure:12 months
Maximum Loan Tenure:60 months

Eligibility and Requirements

Age Range of Borrower:21-65 years old
Minimum Annual Income:250,000.00
Income Requirement Remarks:Apply for as low as PHP20,000.00 gross monthly income
Employment / Work Status:Permanent Employee for 0 year / 3 years Business Operations for Self-employed / 3 years of Practice for Professionals / Government Employee for 0 year
Borrower has to have Credit Card:Yes
Guarantor Required:No
Collateral Required:No
Other Requirements:No special requirements needed
Need to Open Linked Bank Account:No

Application and Approval

Application Channel:Apply through
Approval Duration:1 to 5 banking days
Approval Duration Remarks:Approval in as fast as 24 hours

Fees and Charges/Penalties

Loan Processing and Dispersal Fees:PHP1,750.00 disbursement fee, plus documentary stamp tax
Early Repayment Penalty:4% of the unbilled principal
Late Payment Penalty: PHP500.00 or 6% of the past due amount whichever is higher

Interest Rates Offered

Product Name:Interest RateEffective Interest RateInterest Type
Citi Personal Loan - 12 months (200k and up)1.26%Monthly Rate
Citi Personal Loan - 24 months (200k and up)1.26%Monthly Rate
Citi Personal Loan - 36 months (200k and up)1.30%Monthly Rate
Citi Personal Loan - 48 months (200k and up)1.34%Monthly Rate
Citi Personal Loan - 60 months (200k and up)1.38%Monthly Rate
Citi Personal Loan - 12 months (less than 200k)1.46%Monthly Rate
Citi Personal Loan - 24 months (less than 200k)1.46%Monthly Rate
Citi Personal Loan - 36 months (less than 200k)1.46%Monthly Rate
Citi Personal Loan - 48 months (less than 200k)1.46%Monthly Rate
Citi Personal Loan - 60 months (less than 200k)1.46%Monthly Rate

About Citibank Philippines

Citibank Philippines is the Philippines branch of Citibank, US global bank Citigroup Inc. with headquarters in New-York, which is global banking company as well as financial. It provides the wide range of financial services. This article touches upon the history of Citibank, its ownership and branches. We will provide you with all information necessary in terms of ATM’s of the Citibank.

Bank History

Established in 1902 by the International Banking Corporation, today it plays a key role in shaping the financial infrastructure of the country and building strong economic development.  Since its opening in Manila, Citibank came a long way and became the most influential commercial bank in the history of the Philippines. From 2004 to 2010 it was repeatedly named Philippines Best Consumer Internet Bank. Later it received the status of the best bank for investment advice and best foreign bank twice in 2009 and 2010. With 4200 employees and  1,2 million card holders (and the number is still increasing), it was the first to offer SMS banking service on a credit card in 2008 so as the cardholders could make charges via mobile phone. From 2008 people was managed to do prepaid shopping in the Internet and pay for the goods without leaving their house.

In 2012 Citibank installed an automated teller machine, which allowed their clients to conduct various transactions from checking an account balance to paying bills. Since that time their clients was enabled to withdraw in two currencies – Philippine pesos and US dollars. Apart from that, Citibank has a high daily withdrawal limit.

Being a member of the Philippine Deposit Insurance Corporation (PDIC), alongside with the operation with deposits, savings, loans, provides its clients with the following services:

  • Investment;
  • Insurance;
  • Savings Accounts;
  • Time Deposit Accounts;
  • Money Market Products;
  • Investment Funds.

According to the Chief Executive Officer (CEO) of the Citi, Michael Corbat, all of the services above enable growth and economic progress of the country in terms of assets and profitability.

Ownership of the Citibank

Bank in the Philippines is a branch of Citibank N.A., a national banking association organized under the laws of the United States of America. Citibank N.A. is wholly-owned by Citigroup, Inc., a bank holding company association organized by the United States of America and existing under its laws as well. Citi Philippines is currently registered and authorized by the Philippines  Securities Exchange Commission act as a Government Securities Eligible Dealer (GSED). A Citi Country Officer (CCO) is a head of the organization; he is in charge of managing and overseeing its businesses of different kind. Citi bank is the only foreign bank which permanently ranks among the top 10 commercial banks in the Philippines.

Main branches and ATMs of the Citibank

Citibank has a number of branch locations in major cities in order to make banking more accessible.  Currently, the bank has three branches located at Makati, Metro Cebu, San Juan City. There used to be five of them in Makati, Libis, Metro Cebu, Greenhills, Binondo and Alabang, but with its moving forward towards digital banking , only three of them left. Branches of Citibank offer a wide range of banking services, everything from withdrawal to financial analysis.

Citibank owns about 20.000 ATMs worldwide, with which help you can withdraw money in any currency, either Dollars or Pesos, with the limit of $3000 a day, pay your utilities, bills, and loans, find your last 10 transactions and many other operations. It is a part of the largest ATM network in the Philippines, BancNet . Citibank provides its clients with modern safe parkings so as to make banking more convenient and approachable. What is more, you can easily use your card free of charge on any ATM in the Philippines (e.g. Expressnet and MegaLink ATMs ) or any international Citibank ATM (you may find them at the back of the card).

Here is the list with addresses:

  • Five ATMs in Makati in Citibank Center, Shangri-La and Manila Peninsulas Hotels and Polo Club and also in Greenbelt 5.
  • Several ATM’s situated in Mandaluyong: S&R Shaw and EDSA Shangri-La Mall.
  • One in Manila in the Pacific Center,
  • Few in Muntinlupa in the Puregold Supermarke and Insular Life Centre.

There are ATM’s in the Central Square BGC on High Street and Shangri-La BGC in Taguig City.

Pasay City has three of them – one in Sofitel Hotel, another situated in NAIA Terminal 3 in the Departure Area and the last one in the Embassy of the United States of America at Roxas Boulevard.

And there are ATM’s in Quezon City in the Citibank Square Building, San Juan in 22 Fort & Ester Building, Cebu City in the Ayala Life-FGU Center (1 Eastwood Avenue, Missouri Street, Mindanao Avenue corner Biliran Road respectively).


  • Address: G/F Citibank Center, 8741 Paseo de Roxas corner, Villar Streets, Makati City 1200, Philippines, 1226 Metro Manila, Philippines
  • Phone: +63 2 995 9999
  • Email: [email protected]


  • A completely filled out application form
  • Two (2) valid government-issued IDs with photo and signature
  • ITR (BIR 2316) or payslips
  • Photocopy of credit card. Credit card must be active for at least six (6) months for Citi Card and at least one (1) year for cards issued by other banks.
  • You can pay your monthly amortizations via over-the-counter payment, online banking, post-dated check, or ATM transfers.
  • Applicant must be 21-65 years old and a Filipino citizen or a local resident foreigner with a valid billing address in the Philippines, with a minimum annual income of PHP 250,000.00, and must own a credit card.
  • You may claim your personal loan either through branch pick-up, credit to any bank account in the Philippines (funds transfer), or via delivery of Manager’s Check to your billing address.

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Can ofw apply for personal loan?