New Products
Citi Targets US Expats in UK with New Account

Citi has launched a bank account package aimed at the 126,000 US nationals who move to the UK each year. It includes a new dollar savings account, as well as dollar and sterling current accounts, fixed term dollar savings options, offshore banking products and fee-free global transfers to over 20 destinations worldwide. The bank takes an applicant’s US credit score into consideration when opening accounts, because some individuals have problems obtaining a bank account without an established credit history in the UK. Customers are also assigned a US relationship manager.