General Terms & Conditions

1. General Information

These General Terms and Conditions form part of the agreement (the "Agreement") between the customer ("you"), and Citibank International plc whose registered office is Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB ("Citibank" "we" "us"). You should read these General Terms and Conditions and the relevant Account Specific Terms and Conditions carefully as they contain details of binding legal arrangements between us. If there is anything you do not understand, please ask us for help and we will be happy to assist you. Remember that once you sign the Application Form and we accept your application you will be bound by this Agreement.

1.1. This Agreement consists of these General Terms and Conditions, the Account Specific Terms and Conditions, our Rates and Charges Information, any application forms you fill in when you apply for your Account, and any special conditions that we tell you about when we supply you with a new service. These General Terms and Conditions apply to all deposit accounts and services we offer to personal customers. The Account Specific Terms and Conditions are additional terms that apply to particular accounts.

1.2. You should retain a copy of these General Terms and Conditions for future reference. We can provide you with additional copies of any of our terms and conditions if you ask us.

1.3. If the terms of these General Terms and Conditions conflict with the terms of the Account Specific Terms and Conditions the Account Specific Terms and Conditions will apply.

1.4. These General Terms and Conditions will apply until all of your Accounts with Citibank are closed and any money you owe to us has been repaid.

1.5. You will be issued with one Card to use in connection with all your Accounts. You will be able to use this as a Citibank Card to access information about any of your Accounts.

1.6. You will be able to use your Card as a Citibank Debit Card or a Citibank ATM Card only:
(a) in relation to one Account at any one time; and
(b) if the Account to which you have linked your card permits such use.
You can contact us at any time to change the Account to which your Card is linked.

2. If you decide to change your mind

2.1. Unless we tell you otherwise when you open an Account, you can cancel your Account if you notify us in writing within 14 days of the date your Account is opened or the date you received the relevant Account Specific Terms and Conditions and the General Terms and Conditions (whichever date is the later). You can write to us at PO Box 49930, London SE5 7XT if you want to cancel your Account.

2.2. If you tell us you want to cancel your Account we will help you switch to another account or, if you would prefer, we will give you all your money back with any interest your money has earned. If you have paid a fee for your account in advance, we will refund any unused part of that fee.

2.3. If Citibank has provided you with credit, by way of an overdraft or other type of cash loan, before the cancellation occurs you must return any sum owed, including interest and fees due, as soon as possible but no later than 30 days after you cancelled your Account. Your Account will not be closed, and the terms of your Agreement with us shall continue to apply, until all such amounts have been provided to Citibank.

3. Definitions

3.1. Certain words have specific meanings throughout these General Terms and Conditions. Some of these words and their meanings are listed below:
"Account" means a current account or savings account with Citibank.
"Account Holder" means the customer or customers in whose name the Account is held.
"Account Specific Terms and Conditions" means the particular additional terms and conditions that apply to a specific Account.
"Available Balance" means the balance on your Account which can be withdrawn by you including cleared amounts and any available overdraft facility agreed by Citibank. It excludes any authorised amounts due to retailers for goods or services.
"Banking Day" means a day other than a Saturday, a Sunday or a bank holiday in England and Wales.
"Card" means the plastic card Citibank gives you to use in connection with your Accounts.
"Citibank ATM Card" means a Card that enables you to access and service your Account and can be used to withdraw funds from an ATM.
"Citibank Card" means a Card that enables you to access and service your Account.
"Citibank Debit Card" means a Card that enables you to access and service your Account, withdraw funds from an ATM and can also be used to authorise payments for goods or services to be debited from your current account.
"Citibank Online" means Citibank’s online banking service.
"CitiPhone Banking" means Citibank’s telephone banking service.
"EEA" means the European Economic Area.
"EEA Currency" means the currency of any country that is a member of the European Economic Area.
"Group Companies" means Citigroup Inc and its group of companies, including Citibank International plc.
"Joint Account" means an Account held in the names of two or more Account Holders.
"Joint Account Holders" means the Account Holders in whose names a Joint Account is held.
"Payment Instrument" means something that is unique to you and which you can use to make transactions on your account and to give us instructions. This includes a Card or other physical device, a set of procedures (such as a PIN, password, security key or biometric data) or a combination of two or more of these (such as a Card used with a PIN).
"PIN" means a personal identification number.
"Rates and Charges Information" means a leaflet, available upon request, which sets out the interest rates and charges applicable from time to time to Citibank accounts as further described in Condition 15.7.
"Security Details" means the information that we hold that allows us to identify you.
Some other terms that we use in this Agreement are explained where we use them.

4. Your contact details

4.1. The address given on your Account application form must be your main residence and will be the registered address of the Account. For Joint Accounts where the main residence for each Account Holder differs, Citibank will treat the address of the Joint Account Holder named first on statements as the registered address for the Account.

4.2. Citibank may send you any notice or other communication either to the last registered address Citibank has for you, by a secure electronic message if you use our Citibank Online service or to a fax number or email address you have registered with us. We may also contact you by telephone or by electronic means such as SMS.

4.3. If you or any Joint Account Holder change name, address, telephone number or other contact details relating to you or if any details we hold about you are incorrect you must inform us. We may request proof of such changes. If you do not tell us promptly about any change to your contact details, the security of your information may be at risk and you may not receive important information from us, including notices about changes to this Agreement.

4.4. Changes of address to non-UK or non-residential UK addresses, except British Forces Post Office addresses, may result in termination of this agreement.

5. Your instructions to us

5.1. We may accept instructions from any person(s) appointed to act on your behalf.

5.2. Your instructions must be clear and accurate. If they are not, we will not be liable if your instructions are rejected or performed incorrectly except as set out in this Agreement.

5.3. Before we act on an instruction, we will carry out checks designed to ensure that we believe the instruction has come from you and is clear. We will treat an instruction as being made by you if: it is in writing and has a signature that we reasonably believe to be yours; or if we are satisfied that you are who you say you are (for example by verifying Security Details or by providing additional identification documents); or if it has been made using a Payment Instrument that we have given you or agreed with you.

5.4. We may act on your instructions even where carrying out these instructions creates or increases a debt on your account.

5.5. We may refuse to act on your instructions (including those in respect of withdrawals, payments and transfers) if: we reasonably suspect fraudulent or other criminal activity; or we reasonably believe that by carrying out the instruction we might break a law, regulation, code, or other duty that applies to us; or it is in relation to services not offered by your particular account; or the requirements in Conditions 5.2 and 5.3 above have not been met; or if Condition 6.3 applies. Unless we are not permitted to do so by law, we will try to contact you as soon as possible to tell you that we will not carry out the instruction (we may do this through a retailer or via an automatic message, for example on an ATM screen). Where your instruction involves making a payment, we will do this before the time the payment should have reached the other person’s bank. Where reasonably practicable, we will also tell you why we will not process the instruction and/or what you can do to correct any errors that caused the refusal. You can also contact us to find out why an instruction has been refused. We will not be liable to you for any loss or damage suffered by you resulting in any way from a refusal to act on instructions under this Condition 5.5.

5.6. You are responsible for cancelling any instructions and are responsible for executed transactions resulting from any such instruction which you fail to cancel in sufficient time.

5.7. Any instructions you give us to make a payment will normally be processed on the day we receive them unless you ask us to process them on a future date. Any instructions you give us after the cut-off time on a particular Banking Day will be "received" by us on the next Banking Day. Different cut-off times apply to different methods of giving us instructions. We will tell you what the cut-off times are for telephone and electronic instructions. You can ask each branch for the cut-off time that applies to that branch. If we provide additional services which allow instructions to be given by other means (such as fax) we will tell you the relevant cut-off times for those instructions.

6. Joint Accounts

6.1. You should only open a Joint Account if you and the other Joint Account Holders understand the commitments you are entering into. Each Account Holder will be jointly and severally liable to repay any amounts owing to Citibank in respect of the Account. This means that each Joint Account Holder is separately responsible, and together you are jointly responsible, for all and any amounts owing on the Joint Account. This is the case even if only one of you has put money into the Account or if only one of you has taken money out of the Account. Each Account Holder can withdraw all the funds without reference to the other.

6.2. Each Joint Account Holder is allowed to operate the Joint Account and to open a new Joint Account in the same names on their own.

6.3. We may suspend or withhold payments or block a Joint Account or insist that all instructions are approved by all the Joint Account Holders wherever there is or appears to us to be a conflict between instructions from Joint Account Holders until such time as we are satisfied, acting reasonably, that such conflict has been resolved. While an Account is blocked it means that any payments, transfers or withdrawals will be suspended.

6.4. The credit balance on the Joint Account belongs to the Joint Account Holders. If a Joint Account Holder dies, the balance will pass automatically to the surviving Joint Account Holder(s) and the Account can continue to be operated by the surviving Joint Account Holder(s).

6.5. In the event notice is received to close a Joint Account, we may contact all Joint Account Holders confirming the instructions to close the Joint Account before closing the Account.

7. Dormant and Lost Accounts

7.1. If there have been no transactions on your Account or Accounts other than transactions initiated by us, and we have not heard from you for a period of 360 days, we will write to you at your registered address. If you respond indicating you wish your Account or Accounts to remain open, we will continue to treat your Account or Accounts as open.

7.2. If we receive no reply to the enquiry, after a period of 90 days, or having had previous correspondence returned as undelivered at your last known registered address, we will classify your Account or Accounts as dormant and will block all deposits and withdrawals and, in order to protect your privacy, will stop sending you information relating to your account.

7.3. If we have classified your Account or Accounts as dormant, any funds remaining in the Account or Accounts will always remain your property (or if you die it will form part of your estate, unless the Account (or Accounts) is a Joint Account, in which case it will pass to the surviving Account Holder(s)). You can contact us at any time in relation to any funds in a dormant account you believe to be yours and we will reinstate your Account or Accounts (subject to confirming your identity and entitlement to the funds).

7.4. Further information on dormant accounts can be provided to you on request.

7.5. If you are trying to trace a lost account, you will need to obtain a lost account scheme leaflet and claim form from www.bba.org.uk or write to BBA Lost Account Scheme, Pinners Hall, 105-108 Old Broad Street, London EC2N 1EX. Alternatively, searches can be made online via www.lostaccount.org.uk.

8. Paying money into your Account

8.1. You may pay into your Account cash and all other payments directly payable to you. You cannot make any deposits to your Account at a Citibank branch outside the UK.

8.2. You must not send cash through the post. All cheques and other payments sent through the post must be crossed and marked Account Payee and must be made payable to you.

8.3. We may accept a cheque or other payment payable to a third party provided:

8.3.1. it is drawn in a manner acceptable to us, has been endorsed by all necessary parties, and is not payable to a business or limited company;

8.3.2. "Account Payee" or "Not Transferable" does not appear on it;

8.3.3. it is not drawn in favour of the payee "only", and

8.3.4. you tell us in writing the circumstances in which it was endorsed and give us any other requested information.

8.4. Payments made into your Account will be added to your balance as follows:

8.4.1. Cash

8.4.1.1. If you pay cash (in the same currency as the Account) into a sterling or euro Account over the counter at a UK branch of Citibank during a Banking Day your Account will immediately be credited by the amount of cash lodged. In the case of Australian, Canadian, Singapore, Hong Kong, New Zealand or US dollar, Danish, Norwegian or Swedish kroner, Japanese yen, South African rand or Swiss francs, over the counter deposits will be credited to your Account no later than the following Banking Day.

8.4.1.2. If you deposit cash in sterling, euro, Australian, Canadian, Singapore, Hong Kong, New Zealand or US dollar, Danish, Norwegian or Swedish kroner, Japanese yen, South African rand or Swiss francs on a Banking Day before 3.30pm at a Citibank ATM in the UK, the money will be processed and credited to your Account on the same Banking Day. If deposited at a Citibank ATM in the UK on a Banking Day after 3.30pm or on a day which is not a Banking Day, the money will be processed and credited to your account on the next Banking Day.

8.4.1.3. If you visit any Lloyds TSB branch and use one of the Bank Giro Credit slips found at the back of your cheque book to make a sterling cash deposit for your Citibank Account, Lloyds TSB will have to forward the funds to us and it will take two Banking Days for us to receive the funds. The funds will be credited to your Account as soon as we receive them.

8.4.1.4. Cash deposits are available for you to use and we start paying interest on them as soon as they are credited to your Account.

8.4.2. Cheques

8.4.2.1. If the cheque is in sterling, drawn on a UK clearing bank or UK branch of Citibank and the cheque is deposited before 3.30pm over the counter at a UK branch of Citibank or via a Citibank cash machine in the UK:

• you will start to receive interest on the money on the same Banking Day,
• the funds are available for you to use after four whole Banking Days, and
• (subject to Condition 8.4.2.5) the funds are cleared and cannot be reclaimed by us from the seventh Banking Day after deposit.

8.4.2.2. For sterling cheques sent to us by post, the timescales above will apply from the Banking Day that we receive your cheque.

8.4.2.3. You can visit any Lloyds TSB branch and use one of the Bank Giro Credit Slips found at the back of your cheque-book to make a sterling cheque deposit into your Account. Sterling cheques deposited at Lloyds TSB branches will start to earn interest two Banking Days after deposit. Funds will be available for withdrawal after four whole Banking Days and (subject to Condition 8.4.2.5) will be cleared and cannot be reclaimed by us from the seventh Banking Day after deposit.

8.4.2.4. If at any time before the funds clear a cheque which is paid into your Account is returned unpaid by the issuing bank, the amount will be deducted from your account, even if this causes you to go overdrawn.

8.4.2.5. If at any time a cheque which is paid into your Account is returned unpaid for reasons related to fraud, the amount of the cheque will be deducted from your Account, even if this causes you to go overdrawn.

8.4.2.6. For foreign currency cheques the clearance time will be longer than for sterling cheques. We will give you details of clearance times for foreign currency cheques on request.

8.4.2.7. We may, without prior notice, reverse amounts credited to the Account where cheques or other negotiable instruments previously credited to the Account are returned unpaid before the funds are cleared in accordance with Condition 8.4.2.1.

8.4.3. Other payments

8.4.3.1. Deposits made into the Account from: Standing Orders, transfers through Citibank cash machines and external transfers or through CitiPhone Banking will be added to your Account when we receive cleared funds. The funds are available for you to use as soon as we add them to your Account and we pay interest on them from the Banking Day on which they are credited to your Account.

9. Payments out of your Account

9.1. If you have sufficient Available Balance in your Account, you may make payments (including cash withdrawals, funds transfers and Direct Debit or other regular payments) from your Account. Payments out of your Account are subject to daily limits and to the Account Specific Terms and Conditions. If you ask us to make a payment to another account you must give us any information we ask for that we need in order to identify the recipient, including the account number and sort code for the account (for payments in the UK).

9.2. We may apply financial and other limits to payments made using a payment instrument. We will tell you what these limits are and may change them by giving you notice in accordance with Condition 27.

9.3. Any withdrawals or payments made from your Account using a Card may take up to three Banking Days to be posted to your Account. For withdrawals made outside the UK, this may take longer.

9.4. When you make payments in an EEA Currency to another person in the EEA, we will make sure that the payment reaches that other person’s bank no later than:

• three Banking Days after we received the instruction provided the payment is (i) in sterling or euro and to an account with a bank in the UK; or (ii) in euro to a bank in another country within the EEA; and
• four Banking Days after we received the instruction in all other cases, unless the payment order is given to us on paper, in which case the transfer may take an extra Banking Day.

9.5. If you make payments to an account at a bank that is not in the EEA or in a currency that is not an EEA Currency, we will tell you when the other bank should receive the funds. This does not mean that the funds will be credited to the other person’s account on that day as this will depend on the bank concerned.

9.6. We assume no responsibility or liability for the value given to funds by a recipient’s bank provided that we debited the correct Account and executed the payment correctly.

9.7. You must not draw against, and we will not be obliged to make payment against, a payment which has not been cleared. Special rules apply to using funds paid in by cheque (see Condition 8).

9.8. We may, at our discretion, request you to undertake additional security procedures when you try to make a payment or withdrawal if the amount exceeds any limit that we set for security purposes.

9.9. We may, at our discretion, ask you to attend a specific branch of Citibank if you wish to make a large cash withdrawal.

9.10. You may withdraw cash over the counter at other banks; they may charge you for such a service.

10. Changing or cancelling payment instructions

10.1. The position for changing or cancelling payment orders is as follows:

10.1.1. Immediate payments: we cannot change or cancel a payment instruction given through CitiPhone Banking or electronically because we start processing it when we receive it. We cannot cancel a payment made using a Card once you have given your consent to make the payment to a third party. This can only be done with the consent of the third party.

10.1.2. Future payments made by Citibank Debit Card: we cannot cancel these payments. You must cancel them by contacting the third party you gave your Card details to.

10.1.3. Other future payments (e.g. payments by standing order and Direct Debit): you can cancel these payments on or before the last working day before the date on which the payment was due to be made.

11. Refunds

In certain cases you may be entitled to ask us for a refund where a transaction has not been correctly executed. These are set out below:

11.1. Refunds for certain EEA payments

11.1.1. If you ask us to make a payment in an EEA Currency to an account at another bank in the EEA and that bank says it did not receive the payment, we will refund the amount of the payment and return your account to the position it would have been in if the payment had not been made, except in the following cases:

• There was a mistake in any of the details contained in the instruction you gave us that are needed to identify the recipient. If this is the case, we will make reasonable efforts to recover the funds, and will charge you a reasonable amount to cover our costs in doing so. We will tell you the amount of the additional charge before we take the action.
• We can show that the payment was received by the other person’s bank. In this case, that bank is required by law to make the payment immediately to that person.

11.1.2. Where the payment was initiated by a third party (for example if you have given your Citibank Debit Card details to a third party in the EEA in order to make a payment), you can ask us to refund a payment if the following conditions are satisfied:

• the authorisation you gave did not specify the exact amount to be paid;
• the amount that has been requested was more than you could reasonably have expected to pay, based on the circumstances, including your previous spending patterns; and
• you make the refund request within eight weeks of the date when the payment was made from your account.

11.1.3. If you ask us to make a refund under Condition 11.1.2, we may ask you to provide us with additional information if that information is reasonably necessary to determine whether you are entitled to a refund. You may also find it helpful to contact the person to whom the payment was made. We will either refund you the payment within ten Banking Days of receiving your request, or of receiving any further information we have requested, or we will inform you of our reasons for refusing the refund.

11.2. Other refunds

11.2.1. If you have set up Direct Debits on your Account, you may be able to claim refunds under the Direct Debit Guarantee (set out on the Direct Debit form).

11.2.2. If you ask us to make a payment in a currency that is not an EEA Currency or a payment to an account at a bank outside the EEA and the payment is not received by that bank because of an error by us, we will refund the amount of the payment and return your account to the position it would have been in if the payment had not been made.

11.3. General conditions for refunds

11.3.1. You must notify us as soon as you are aware that a transaction may have been incorrectly executed.

11.3.2. You must provide us with any information about the transaction that we reasonably request, so that we can investigate and if necessary trace the funds.

12. Cheques

12.1. We will tell you if you can use cheques to make payments from your Account.

12.2. You must write your cheques in the currency of the Account using one of the cheque forms we have supplied to you.

12.3. You must write, date and sign cheques in ink. You must not write a cheque for more than your Available Balance. You must initial all amendments.

12.4. We may refuse to pay cheques where the cheque date is more than six months prior to the date the cheque is presented for payment, or where the cheque is dated with a date in the future.

12.5. You must not write a future date on a cheque. If you do, and the cheque is presented for payment before that date, it may be paid immediately or returned unpaid. In either case, we will not be liable to you.

12.6. If you want us to stop a cheque you must immediately request us to do so. You cannot stop a cheque that has been guaranteed by your Card.

12.7. We shall use all reasonable endeavours to stop a cheque but will not be liable to you in any circumstances for any failure to stop a cheque or other payment following your request, unless we are responsible for such failure.

12.8. You may use your Citibank Debit Card to guarantee the payment of one cheque in any single transaction provided that:

12.8.1. the Card carries the cheque guarantee logo; and

12.8.2. the cheque bears the same name and sort code, where printed, as your Card; and

12.8.3. the cheque is signed, before the expiry of your Card, in the United Kingdom, the Channel Islands, Isle of Man, Gibraltar or on the premises of any United Kingdom customs post located outside these territories in the presence of the payee by the person whose signature appears on the Card; and

12.8.4. you do not exceed your cheque guarantee limit; and

12.8.5. the Card number is written on the cheque by the payee; and

12.8.6. the Card has not been altered or defaced.

12.9. The chequebook remains our property at all times and we may at any time withdraw the chequebook facility with 30 days’ notice under normal circumstances. In the event of fraud, other crimes or misuse, this facility may be withdrawn immediately.

13. Standing Orders/Direct Debits

The use of Direct Debits or standing orders in connection with an Account is permitted unless the Account Specific Terms and Conditions state otherwise. You must allow us five Banking Days from the date we receive your instructions to set up a new Direct Debit or standing order from your Account.

14. Overdrafts

14.1. An overdraft may be available on request and will be granted only if you satisfy our criteria. You are responsible for contacting us in advance to arrange an overdraft facility if you believe that your Account is likely to become overdrawn. Individual terms may then be agreed between us as to the arranged overdraft limit and duration. An overdraft agreed in advance is known as an arranged overdraft.

14.2. If you do not contact us in advance before becoming overdrawn, or exceeding your arranged overdraft limit, we have the option of either refusing to make the payment or establishing an unarranged temporary overdraft. An unarranged overdraft will usually incur higher charges and debit interest rates than an arranged overdraft.

14.3. All overdrafts (whether arranged or unarranged) are repayable on demand.

14.4. Unless we have agreed otherwise, a fee may be applicable and interest will be charged at the applicable arranged or unarranged overdraft rate on the overdrawn balance on the Account and charged monthly. We will give you at least 14 days’ notice of how much interest we will charge you.

14.5. We may, at any time, withdraw your right to overdraw the Account and/or require you to repay or reduce the amount of your overdraft.

14.6. Full details of current charges and interest rates are set out in the Rates and Charges Information.

15. Fees and Charges

15.1. We may charge, and you will be liable to pay, any fees and charges due from time to time as a result of the administration of your Account. These will be deducted from the balance on your Account. Any unpaid fees or charges will be a debt due from you to Citibank.

15.2. Details of our fees and charges for the day-to-day running of your Account will be given at the time you open an Account. Further copies are available on request.

15.3. We may debit your account with any interest, fees, charges or other costs, even if this results in or increases any unarranged overdraft.

15.4. We will tell you of the fees and charges for any other service or product before we provide you with that service or product, and at any time you ask.

15.5. Any changes to fees and charges will be notified to you in accordance with this Agreement.

15.6. We may receive remuneration and commission from, or share charges with, other Group Companies or third parties in connection with transactions carried out on your behalf. Details of such remuneration or sharing arrangements will be made available to you on request.

15.7. Levels of fees and charges are shown in the Rates and Charges Information. This provides the following information:
(a) current account charges;
(b) charges for standard account services;
(c) arranged overdraft debit interest rates;
(d) arranged overdraft charges;
(e) unarranged overdraft debit interest rates;
(f) unarranged overdraft charges; and
(g) charges for other services such as certain funds transfers and transactions involving foreign currency.

16. Statements

16.1. We will make information about all amounts added to or taken from your account (including details of any interest payable, any charges made and exchange rates used) available to you through CitiPhone Banking and/or internet banking. We may also provide or make available to you regular statements. Any information we provide you with orally will also be available in writing if you ask us.

16.2. You must carefully check all transaction information and inform us as soon as possible if you find that any item seems to be in any way incorrect.

16.3. If the Account is a Joint Account, we will send statements to the first-named Account Holder only, unless otherwise requested.

16.4. If you ask us to provide copy statements at any time, we will charge for this in accordance with our Rates and Charges Information.

17. Interest on credit balances

17.1. When you open an Account, we will give you information on the interest rates which apply to your Account. You can find out about our current interest rates at any time by checking our latest Rates and Charges Information, checking the website, asking in branch or calling CitiPhone Banking.

17.2. Unless we tell you otherwise in your Account Specific Terms and Conditions, interest will be calculated daily on the Available Balance, and will be compounded and paid into your account monthly in arrears.

17.3. Interest payments are calculated gross and paid net of basic rate income tax. Interest may be paid gross if you are not ordinarily resident in the UK and you satisfactorily complete the documentation required by relevant tax authorities.

17.4. In the case of Joint Accounts, interest may be paid net for one Account Holder and gross for the other, subject to receipt of the required documentation.

18. Foreign currency

18.1. If you use a Citibank Debit Card or Citibank ATM card to make payments or ATM withdrawals (other than through a Citi-operated ATM) in currencies other than the currency of the Account:

18.1.1. the amount of the transaction will be converted into sterling using our reference exchange rate (which is Visa’s exchange rate on the date it processes the transaction and a percentage commission which we set on the amount of the payment). This rate may not be the same as the rate that applied on the date the transaction was made, if the payment is processed by Visa after that date; and

18.1.2. if your Account is in a currency other than sterling, the sterling amount will then be converted by us into the currency of the Account using the Citibank UK exchange rate applicable at the time. You can call us for full details of the actual rates used to convert a foreign currency payment (your statements may not include a full breakdown of this information).

18.2. If you use a Citibank Debit Card or Citibank ATM card to make withdrawals from a Citi-operated ATM in currencies other than the currency of the Account, the amount of the transaction will be converted by us into sterling using the Citishare reference exchange rate on the date we process the transaction. If your Account is in a currency other than sterling, we will then convert the sterling amount into the currency of the Account using our reference exchange rate applicable at the time. You can call us for full details of the actual rates used to convert a foreign currency withdrawal through a Citi-operated ATM (your statements may not include a full breakdown of this information).

18.3. If you make or receive any other payment in a currency which is not the currency of the Account and we have not agreed a specific rate with you, the amount of the payment will be converted by us into the currency of the Account at Citibank’s reference exchange rate at the time of the transaction.

18.4. You may be offered a choice of payment currencies when making purchases or withdrawals. If you do this, the payment will be charged to your account in your chosen currency (and we will only receive details of the amount in that currency). The exchange rates in this case are set by merchants and ATM operators and not by Citibank. Please note that if your chosen currency is different from the currency of your Account, we will convert this amount using the process outlined above.

18.5. You can find out about our exchange rates at any time by calling the number set out on your most recent statement. Fees and commission rates for foreign currency transactions are set out in our Rates and Charges Information.

19. Payment Instruments

19.1. Payment Instruments cannot be held jointly. A separate Payment Instrument will be issued to each Account Holder for Joint Accounts.

19.2. Where you are provided with a Citibank Debit Card in relation to your Account, you may use it to make purchases from retailers or suppliers of services who display the Visa logo.

19.3. We will not be liable if any retailer, supplier of services or cash machine does not accept your Payment Instrument.

19.4. The right to withdraw cash is subject not only to the laws and regulations of the UK but also to the laws and regulations of the country in which the withdrawal is requested.

19.5. You will be responsible for any fees which another institution may charge you for the use of their cash machine.

19.6. Your Payment Instrument should not be used for internet gambling transactions at any internet site regardless of location.

19.7. We may stop or suspend the use of a Payment Instrument, if we reasonably consider it necessary:

• to protect the security of the Payment Instrument; or
• because we suspect that there may be unauthorised or fraudulent use of the Payment Instrument; or
• because we reasonably believe that there has been a significantly increased risk that you will be unable to repay your overdraft (if you have one). If we stop or suspend the use of a Payment Instrument we have given you, such as a Card, we may require you to
  return it to us.

19.8. Unless the law prevents us from doing so, we will try to contact you to tell we are stopping or suspending a Payment Instrument, and the reasons we are doing so. Where possible, we will do so before taking that action. You can also contact us to find out why we have stopped or suspended a Payment Instrument.

20. Protecting your Account

20.1. You must take reasonable care to ensure that you and anyone else provided with access to your Account keep all Payment Instruments and cheque books secure, and not allow anyone else to use them.

20.2. On receipt of a PIN advice slip you must memorise your PIN and then immediately destroy your PIN advice slip. You must ensure that your PIN and other Security Details are not written down or recorded (for example on a mobile telephone or other electronic device) in a way which could be understood or used by someone else. You must follow any security procedures we ask you to when we give you (or agree with you) a Payment Instrument, such as signing a Card as soon as it is received (if it has a signature strip on it). A Card can only be used by the person named on it.

20.3. You and any Joint Account Holder must keep any Security Details secret at all times.

20.4. You must contact us as soon as possible via CitiPhone Banking or during business hours at any of our branches after you find out or suspect that your Payment Instrument or cheque book is lost or stolen or liable to misuse or if you suspect that someone else knows your PIN, Account passwords or other security information, or if you believe there have been any unauthorised transactions on your Account.

20.5. If your Payment Instrument or cheque book is used by someone else your liability will be limited to £50, except that if we can show that you have acted fraudulently or that you have deliberately or very carelessly failed to keep the personalised security features for your Payment Instrument safe you will be liable for all losses. You will not, however, be liable for losses arising after you have told us that you suspect the security of your Account has been or may be breached unless you have acted fraudulently.

20.6. In general, where a transaction is disputed, we will investigate the claim and, as soon as we are reasonably satisfied that you did not authorise the transaction, we will refund the amount of the payment and where applicable restore your Account to the position it would have been in had the disputed transaction not taken place.

20.7. If your Payment Instrument or cheque book is found or recovered after it was reported lost or stolen you must not use it and you must securely destroy such items.

20.8. If we suspect that a Payment Instrument is lost, stolen or liable to misuse then we may give information to the police. You must co-operate with us and the police to help recover the Payment Instrument and prevent any losses.

20.9. If a Payment Instrument expires, or is reported as lost or stolen or liable to misuse, a new Payment Instrument may be provided at our discretion.

21. Telephone transactions

To ensure we have an accurate record of your instructions and to ensure we provide a high quality service, telephone calls to Citibank or CitiPhone Banking may be recorded.

22. Set-Off

22.1. We may apply any credit balance on any Account you maintain with us (whether held as a joint or sole account) to reduce or repay any money you owe to us on any other Accounts you hold with us (whether held as a joint or sole account). We will only ever do this if the money you owe is immediately repayable or if we need it to pay tax on your behalf. We are not obliged to exercise this right but will notify you when we do so.

22.2. We may, at our discretion, make use of cleared funds in any other Account at any time held by you with us to avoid the Available Balance being exceeded. In these circumstances, we will make reasonable efforts to contact you to inform you of this. However, we will not be liable for any consequences of it not using cleared funds in another Account.

23. Closing and converting your Account

23.1. Closure by us

23.1.1. We can close your Account immediately by giving you notice (unless we are not permitted to notify you) if:

• you are in repeated or serious breach of this Agreement; or
• we reasonably suspect that you have given us false information; or
• we reasonably suspect that your Account is being used for an illegal purpose; or
• you behave in an abusive or threatening manner towards our staff: or
• we reasonably believe you have moved from the United Kingdom; or
• we reasonably determine you were not or are no longer eligible to hold your account (for example if you are using a personal account for purposes connected with a business).

23.1.2. We can close your Account at any time by giving you not less than two months’ personal notice. In the event of such notice we will return any amount we owe you at your registered address, after deduction of any interest, charges and fees due or funds required to be made by law. The Account will then be closed without any further contact with you.

23.1.3. If we discontinue a product that you have with us, we may close your Account by giving you two months’ personal notice. If we do this we will offer you a suitable alternative account and, if you do not give us instructions to the contrary, will transfer the funds to that account when we close your Account.

23.2. Closure by you

23.2.1. You may close your Account for any reason without charge, and we will repay to you any existing credit balances on your account at the date of closure, provided that:

• you inform us by giving at least ten Banking Days’ notice in writing that you wish to close your Account; and
• you destroy all cheques and Payment Instruments issued to You; and
• you repay any money you owe to us including the amount of any cheques, card transactions or other payment instructions you have made and any charges or interest incurred which we have not taken out of your Account; and
• the Account Specific Terms and Conditions of your account permit you to do so.

23.2.2. After receiving notice to close the Account, we will cancel any standing orders and Direct Debit instructions on your Account. It is your responsibility to inform the payees. We will not be liable to you or any third party for any losses arising from cancelling any Standing Order or Direct Debit in such circumstances.

23.3. General

23.3.1. If you have paid a fee for your Account or for any payment service in advance, we will refund any unused part of that fee on termination for any reason.

24. Account requirements

24.1. You acknowledge that you are solely responsible for obtaining appropriate independent tax advice regarding any transactions that you enter into relating to the Account. Nothing in this Agreement constitutes advice relating to tax.

24.2. You must use your Account for personal use only.

24.3. If you live outside the UK you should ensure that having an account complies with any other laws, regulations or rules which apply where you live.

25. Online service

25.1. The Citibank Online Service ("the Service"), allows you to give us electronic instructions by using your computer and Citibank Online Identification Number (e-pin) User ID and Password. The activities that can be performed via the service are set out in the Citibank Online User Guide (the Guide), available at www.citibank.co.uk.

25.2. If you want to use the Service you must have
(a) a Card
(b) a computer with access to the Internet
(c) a browser that supports 128 bit encryption; and
(d) an e-PIN

25.3. You will be responsible for the costs of using the telephone service and/or the charges made by any Internet Service Provider.

25.4. You understand that your e-PIN, User ID and Password are Payment Instruments.

26. Assignment

26.1. We may transfer any of its rights or benefit and your liability under this agreement to any other person.

26.2. We may also arrange at any time for any other person to carry out our duties under this agreement.

26.3. You may not transfer your rights or liabilities under this agreement to any other person.

27. Making changes to this Agreement

27.1. Changes to interest rates

27.1.1. We will not change a fixed rate for the period that we have agreed to fix it.

27.1.2. We will change a tracker rate automatically in line with changes to the reference rate that it tracks. A "reference rate" is a rate which is not set by us and is publicly available so that you can find out what it is and check it independently, examples are the Bank of England Base Rate and a rate which is based on a basket of rates offered by other banks or lenders. Changes will be made either immediately after the reference rate has changed, or within a set number of days, or on a particular day in the month, for example the first working day of the following month and we will tell you this and identify the reference rate in the Account Specific Terms and Conditions for the account. Whenever the rate changes, we will make the new rate available on our website, in branches and through Citiphone Banking and Citibank Online banking within three Banking Days of the change.

27.1.3. If you have an interest rate that is not a fixed rate or a tracker rate, we may change that rate as a result of any actual or anticipated changes to:

• any recommendation, ruling, requirement or decision of any court, ombudsman, regulator or similar body (a "regulatory requirement");
• the base rate set by any Central Bank (such as the Bank of England) where this has an impact on the cost to us of operating your Account; or
• the costs we reasonably incur in providing your Account (including funding costs if relevant).

27.1.4. We may also change an interest rate other than a fixed rate or a tracker rate for a valid reason that is not set out in this Condition 27.1.

27.1.5. Where we make a change to comply with a regulatory requirement, the change will be a fair proportion of the cost of compliance on our banking business, as reasonably estimated by us. Other changes will respond proportionately to changes in our costs. We will not change an interest rate and our charges to cover the same cost twice.

27.1.6. Changes to interest rates other than fixed or tracker rates may be made without notice if the change is favourable to you. We will update the information held with CitiPhone Banking and on our website within three Banking Days of the changes. We will also send you a copy of the new Interest Rates and Charges Leaflet or tell you personally by a separate written notice within 30 days. Otherwise, we will give you at least two months’ personal notice of changes to an interest rate.

27.2. Changes to exchange rates

27.2.1. Unless we have agreed a fixed rate with you for a particular transaction, the exchange rate used to convert foreign currency payments into or out of your account will be the reference exchange rate that we have told you will apply (or will be at a margin above or below that rate if we have told you that is the case). We may apply changes to the reference exchange rate immediately and without notice.

27.2.2. If the reference exchange rate used in foreign currency payments is set by us, we can change that reference exchange rate at any time.

27.3. Changes to other terms

27.3.1. Unless we agree otherwise in the Account Specific Terms and Conditions for an Account, we may change any of the General Terms and Conditions or Account Specific Terms and Conditions, including introducing new terms, for any of the following reasons:

• where we reasonably consider it will make the terms and conditions easier to understand or fairer to you or the change would not be to your disadvantage;
• to reflect any changes in the cost of providing our services to you (where the change made will reflect the change in costs to us) (but we will not recover the same cost twice, for example by changing an interest rate as well);
• to take account of a decision by a court, ombudsman, regulator or similar body;
• because of changes to the law, codes of practice or the way in which we are regulated;
• because of changes in technology;
• to reflect changes in the structure of the Group Companies; or
• to cover a development or change in the services that we provide under this agreement.

27.3.2. We may change our fees and charges or introduce a new fee or charge if there is a change in (or we reasonably expect that there will be a change in):

• the costs we incur in carrying out the activity for which the fee or charge is or will be made; or
• regulatory requirements.
  Any change or new fee or charge will be a fair proportion, as reasonably estimated by us, of the impact of the underlying change on the costs we incur in our banking business.

27.3.3. We may also change our fees and charges for a valid reason which is not set out in this Condition 27.

27.3.4. As long as you are able to end the agreement without charge (or we agree to waive any charge that would otherwise apply), we may change any of the terms (including an interest rate, the amount by which a tracker rate differs from a reference rate (the "margin") and our charges) for any reason not listed above, but we will not change a fixed rate on an account (including any fixed bonus rate or fixed margin) for as long as we have agreed to keep it fixed.

27.4. Notifying you of changes to this Agreement

27.4.1. Except for changes to interest rates or exchange rates that we can make without notice (see Conditions 27.1 and 27.2), we will give you personal notice of changes at least two months in advance of such change being made.

27.4.2. When we tell you about a change we will tell you the date it comes into effect. As long as notice of a change is given to you at the most recent address we have for you, you will be treated as accepting the change on that date unless, before then, you tell us that you want to terminate your agreement with us and not accept the change. We will not make any termination charge, if you terminate your agreement in this case.

27.5. Changes for specific regulatory requirements

27.5.1. Some of the terms of this agreement reflect our understanding of regulatory requirements that have not been published or are still in draft form when this document is printed. If we find that any term is
inconsistent with a regulatory requirement which is published or amended after this document is printed, we will not rely on that term but will treat it as if it did reflect the relevant regulatory requirement. If we need to make operational changes before we can fully comply with the new regulatory requirement, we will make those changes as soon as reasonably practicable. We will update our terms and conditions to reflect the new regulatory requirement when they are next reprinted.

28. Liability

28.1. We will not be liable to you for any failure to perform our obligations under this Agreement due to any unforeseeable event outside our reasonable control such as the failure of any machine, data processing system or transmission link, any industrial action or anything else outside our reasonable control or the control of our own agents or sub-contractors.

28.2. We will not be liable to you for any failure to perform our obligations under this Agreement where performance of that obligation would have put us in breach of the law or any regulatory duty.

28.3. We will not be liable to you in any circumstances for:

• loss of business, loss of goodwill, loss of opportunity, loss of profit; or
• any loss to you that we could not reasonably have anticipated when you gave us an instruction under this agreement.

28.4. Nothing in this agreement will exclude or limit any liability we have as a result of acting fraudulently or negligently or any legal duty or liability we may have to you or any liability that we are not allowed by law to exclude.

29. How we use your personal information and who we share it with

29.1. So that we can provide products and services designed specially for you, we will collect and review all the information which:

• you give to us and to other Group Companies; or
• which we and other Group Companies obtain about you personally in connection with this Agreement and any accounts or products and services you take from us and which we obtain from third parties such as credit reference agencies, fraud prevention agencies and Group Companies. The information we obtain from credit reference agencies will include public information such as county court judgments and electoral register information.
  This is your information and we will process and use the information as set out in this Condition.

29.2. This information helps us develop and maintain an up-to-date picture of you as an individual. You agree that we and other Group Companies can use this information to keep you informed about other products, services and special offers (including those supplied by third parties) which we or they think might interest you. We may tell you about these using a range of methods, including post, fax and electronic communications, such as the telephone, SMS, e-mail. With your consent, we may also pass information about you to selected third parties so that they may contact you with information about their products and services. Please tell us if you prefer not to receive
information about other products or services from us or other Group Companies or if you do not want other third parties to be given your information.

29.3. The information we collect (using a range of methods including cookies – small pieces of information which we send to your computer – and similar tracking devices) will include information about how you manage and use your accounts, including the type of purchases you make from your accounts (whether by a Card, Direct Debit or in any other way) and payments which are made into your accounts. This information will include the name of the payer (for example, your employer) and the supplier (for example, a shop) and the general nature of the goods and services paid for. We obtain this information automatically as part of operating your accounts. If you do not want us to have it, you should consider an alternative to using your Account.

29.4. If you operate your Account by internet, we also use cookies and web logs (information about how you use our website) to improve the security of our service and obtain information. For more details about cookies and web logs, see the security and privacy pages on our website.

29.5. We will hold and process your information and disclose it to other Group Companies. We and other Group Companies will use your information:

29.5.1. for considering any application you may make to us or them;

29.5.2. to verify your identity and the identity of your spouse or partner;

29.5.3. in the management and operation of your accounts with us or them including making credit assessments and decisions;

29.5.4. for crime and fraud prevention, and debt recovery (including tracing you if we do not have up to date details);

29.5.5. for assessment and statistical analysis for our or their business; and

29.5.6. for the purposes set out in Condition 29.2 (Group Companies will only do this if you have agreed that they can).

29.6. We and other Group Companies may disclose your Information (including former names and genders) to credit reference and fraud prevention agencies or registers. We will make searches of your details with credit reference agencies and fraud prevention agencies when we consider your application and during your relationship with us. Credit reference searches will be recorded on your file with the agency. If a number of searches have been made in a short period of time, this may adversely affect other credit applications you make.

29.7. If false or inaccurate information is provided and fraud is identified, details will be passed to fraud prevention agencies and other organisations involved in crime and fraud prevention. Law enforcement agencies may also access and use this information.

29.8. We will also give details of how you manage your Account to credit reference agencies. (We do not use credit reference agencies in connection with applications for, or the management of, savings products). The information that is given by us and others to fraud prevention and credit reference agencies will be recorded by them and shared with other organisations. An "association" between joint applicants and/or any individual identified as your financial partner will be created at credit reference agencies, which will link your financial records. You and anyone else with whom you have a financial link understand that each other’s information will be taken into account in all future applications by either or both of you. This linking will continue until one of you successfully files a "disassociation" at the credit reference agencies.

29.9. Organisations access and use information about you, and anyone linked to you, recorded with credit reference agencies to prevent fraud and money laundering, for credit assessment and account management, tracing and debt recovery, identity verification and statistical analysis and systems testing.

29.10. Organisations access and use the information recorded with fraud prevention agencies to prevent fraud and money laundering, for example when checking details on applications for credit and credit related or other facilities, managing credit and credit related accounts or facilities, recovering debt, checking details on proposals and claims for all types of insurance and checking details of job applicants and employees. You can ask us for details of the fraud prevention agencies we use and how credit reference agencies use information. The fraud prevention agencies’ records can also be accessed and used by organisations in other countries.

29.11. We will also disclose your information:

• to our insurers, sub-contractors and persons acting as our agents who have agreed to keep your information strictly confidential;
• to linked suppliers to the extent that they need your Information to provide additional benefits or services to you;
• to any bank, financial institution or company to whom we may assign or transfer our rights and/or duties under this Agreement;
• if we are required or permitted to do so by law.

29.12. We may transfer your information to a Group company or sub-contractor or person acting as our agent in another country so long as they agree that your information will receive the same levels of protection as we are required to give it in the UK. You consent to having your information (including former names and genders) transferred by us or others processing on our behalf, or their agents, to regulators, authorities and law enforcement agencies in other countries (including countries outside the European Economic Area having less stringent data protection requirements than those within it) if the disclosure is required by the laws or regulatory rules of those countries.

29.13. Under the Data Protection Act you are entitled to a copy of your personal data held by us on payment of a fee, currently £10. You should direct any questions about the use of your personal data to the Data Protection Officer, Citibank International plc, Riverside Road, Derby DE99 3GG.

29.14. You have the right of access to your personal records held by credit and fraud agencies. Please contact 0800 0569569 if you would like details of the agencies we use.

29.15. Some of our decisions are automated, based on information we hold about you. If you would like us to review a decision we have made about you (whether or not automated), please let us know within 21 days of being notified of a decision made about you.

30. General

30.1. Other taxes or costs may exist that are not charged by us or paid through us.

30.2. This Agreement is in English. We will communicate information or notices under this Agreement in English.

30.3. This Agreement will be governed by the laws of England and Wales. Any dispute which arises in relation to this agreement shall be dealt with by the courts of England and Wales or any other court in the United Kingdom which is able to hear the case.

30.4. You can ask us at any time for a copy of these General Terms and Conditions, any Account Specific Terms and Conditions and any leaflets that show our rates and charges or other contractual information.

31. About us

31.1. Citibank provides banking services, credit and other financial services to consumers.

31.2. Our registered office is at Citigroup Centre, Canada Square, Canary Wharf, London E14 5LB.

31.3. Our VAT number is 429 6256 29.

32. How we are regulated

32.1. We are authorised and regulated by the Financial Services Authority ("FSA"). Our FSA Register number is 122342. To find out more about us, see the FSA Register: www.fsa.gov.uk/register or call the FSA on 0300 500 5000.

32.2. We are licensed and regulated by the Office of Fair Trading ("OFT"). Our OFT licence number is 0482552. You can call the OFT on 020 7211 8608 to find out more.

33. Complaints procedure

33.1. If you are unhappy with any aspect of the services provided under this Agreement, we have procedures in place to deal with your concerns effectively. You should bring your complaint to our attention by contacting us. We will aim to deal with any complaints promptly and fairly. A copy of our complaints procedure is available on request.

33.2. If you remain unhappy after you have given us the chance to put things right, you may be able to refer it to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR (Tel: 0845 080 1800). The Financial Ombudsman Service is an organisation set up by law to give consumers a free and independent service for resolving disputes with financial firms. Details of those who are eligible complainants can be obtained from the Financial Ombudsman Service.

34. Deposit protection

34.1. The UK Financial Services Compensation Scheme (the "Scheme") provides compensation in certain instances where we are unable, or likely to be unable, to satisfy protected claims against it. In such circumstances, the Scheme may provide compensation for claims relating to services provided by us such as deposit-taking. However, the Scheme is governed by specific rules on compensation which determine your eligibility, the circumstances in which compensation will be available to you, and the limits on compensation payable to you. Any recovery under the Scheme is therefore subject to your specific circumstances, the nature of your claim and the specific rules of
the Scheme.

34.2. Claims under the Scheme in relation to deposits are subject to maximum limits on compensation, as published from time to time on the Scheme’s website. It is not possible to claim an amount in excess of the published limit even where the financial loss suffered or the amount of initial deposit is higher. The current compensation limit for deposits as at August 2009 is set at 100% of the first £50,000 per customer per authorised firm. Up-to-date information on the limits applicable under the Scheme are available at: http://fscs.org.uk

34.3. The Scheme also covers certain instances where we advise on or arrange certain general insurance products and is subsequently unable, or likely to be unable to satisfy claims in connection with such activities. The current limit for general insurance mediation activities (with certain exceptions) is 100% of the first £2,000 and 90% of the remainder of the claim. As of 1 January 2010 the limit for general insurance mediation will change to 90% of the claim with no upper limit. Up-to-date information on the limits applicable under the Scheme is available at www.fscs.org.uk

34.4. Where we are is responsible solely for arranging for you to enter into certain general insurance products with another provider (the insurer), you should be aware that the Scheme will only cover a situation where we cannot meet our obligations and not where the third party insurer is unable to do so, unless that third party provider is separately covered by the Scheme.

34.5. We will provide further information on the conditions governing compensation and the formalities which must be completed to obtain compensation upon request. More detailed information on the Scheme is also available from the Scheme’s website: http://www.fscs.org.uk or you can contact the Scheme at 7th Floor, Lloyds Chamber, Portsoken Street, London E1 8BN (Tel: 020 7892 7300); E-mail: enquiries@fscs.org.uk