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Are there any fees associated with using Citi Bank wire transfer for cryptocurrency transactions?

avatarFireproofing OntarioNov 27, 2021 · 3 years ago3 answers

Can you tell me if there are any fees involved when using Citi Bank wire transfer for cryptocurrency transactions? I'm considering using Citi Bank as my bank for crypto transactions, but I want to know if there are any additional costs or fees associated with it.

Are there any fees associated with using Citi Bank wire transfer for cryptocurrency transactions?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Yes, there are fees associated with using Citi Bank wire transfer for cryptocurrency transactions. Citi Bank charges a fee for wire transfers, and this applies to cryptocurrency transactions as well. The exact fee amount may vary depending on the type and amount of the transaction. It's recommended to check with Citi Bank directly for the most accurate and up-to-date fee information.
  • avatarNov 27, 2021 · 3 years ago
    Absolutely! Citi Bank does charge fees for wire transfers, including those for cryptocurrency transactions. The fees can vary depending on the specific transaction and the amount being transferred. It's always a good idea to review the fee schedule provided by Citi Bank or contact their customer service for more details on the fees associated with wire transfers for cryptocurrency transactions.
  • avatarNov 27, 2021 · 3 years ago
    Yes, there are fees associated with using Citi Bank wire transfer for cryptocurrency transactions. However, it's important to note that these fees are not specific to cryptocurrency transactions but apply to all wire transfers. The fees charged by Citi Bank may vary depending on the type and amount of the transaction. It's recommended to review Citi Bank's fee schedule or contact their customer service for more information on the fees associated with wire transfers for cryptocurrency transactions.