Are there any fees or restrictions when receiving international wire transfers for my cryptocurrency transactions via Citibank?

3 answers

• DustyBJul 14, 2025 · a month ago
  When receiving international wire transfers for your cryptocurrency transactions via Citibank, there may be fees and restrictions to consider. Citibank may charge a fee for processing the wire transfer, and there may also be additional fees imposed by intermediary banks involved in the transfer. It's important to check with Citibank and the sending bank to understand the exact fees involved. Additionally, there may be restrictions on the amount of cryptocurrency that can be transferred or on the countries where the transfers can be sent. These restrictions are typically in place to comply with anti-money laundering and know-your-customer regulations. It's advisable to consult with Citibank or a financial advisor for more specific information regarding fees and restrictions.
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• Josh Dereck JocsonJul 16, 2023 · 2 years ago
  Receiving international wire transfers for cryptocurrency transactions via Citibank may incur fees and be subject to certain restrictions. The fees associated with the wire transfer can vary depending on the amount being transferred and the banks involved in the transaction. Additionally, there may be restrictions on the countries where the transfers can be sent due to regulatory requirements. It's recommended to contact Citibank directly to inquire about the specific fees and restrictions that apply to your cryptocurrency transactions.
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• ClowlyJan 10, 2023 · 3 years ago
  When it comes to receiving international wire transfers for your cryptocurrency transactions via Citibank, it's important to be aware of any fees and restrictions that may apply. While Citibank itself may not charge any fees for receiving the wire transfer, there may be fees imposed by intermediary banks involved in the transaction. These fees can vary depending on the amount being transferred and the banks used. Additionally, there may be restrictions on the countries where the transfers can be sent, which can be influenced by regulatory requirements. It's always a good idea to reach out to Citibank directly to get the most accurate and up-to-date information on fees and restrictions for your specific situation.
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