In a first by a bank in Bahrain, Citi has introduced Global Wallet to its newly revamped Citi Mobile App, which the bank says will change the way customers manage their purchases internationally.
Global Wallet 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. We continue to innovate in Bahrain with the introduction of Global Wallet and continue to improve our mobile app to offer relevant products, giving every customer complete control of their finances”, said Christoph Geidner, consumer bank head in Bahrain. ‘’We use leading capabilities and the best available technology, particularly on mobile, which is at the core of the Bank’s digital strategy and our focus on customer experience”.
How it works?
If you are planning a trip abroad there is no more hassle of waiting in queues at currency exchanges or the risk of travelling with wads of cash. All you have to do is turn on Global Wallet on the Citi Mobile app and add your foreign currency accounts, which will then instantly link to your 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, the bank says.
Why take advantage of Citibank Global Wallet?
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, it adds. -TradeArabia News Service