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"the man!"
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Hey liberty, have not had a chance to go by Citibank but will try to do so tomorrow. Saludos, jer...
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| Posts: 12231 | Location: ny, u.s.a. --> madrid, spain --> the plaza mayor ! | Registered: 30 June 1998 | |
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Hello all, I just spoke to Citibank and they assured me that ATM withdrawls go unpenalized. If your money is in a US citibank and ur in Madrid and you make ATM withdrawls there are no fees, or commissions. This is very much unlike Chase who charges a 3.00$ foreign ATM withdrawl fee. Yes I know there are no Chase branches in Madrid but still 3$ is 3$. Miguel
"He who hath not a dram of folly in his mixture, hath pounds of much worse matter in his composition".
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| Posts: 334 | Location: New York, USA | Registered: 06 June 2003 | |
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OK, we seem to have a lot of Citibank/Citicorp questions. If anyone wants to/can post a concise "list of demands" for them that I can 'cut & paste' into an email I may be able to help, because I'm currently teaching English in Citibank HQ here in Madrid. My students will probably know the best person to ask questions of, so fire away! Straight from the horse's mouth and all that. It will be worth their while - after all, they may get new clients as a result.
I am thankful for laughter, except when milk comes out of my nose.
Woody Allen
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| Posts: 194 | Location: No fixed adobe | Registered: 23 December 2001 | |
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"the man!"
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quote: If anyone wants to/can post a concise "list of demands" for them that I can 'cut & paste' into an email...
Hows about a 1,000,000,000,000,000,000 grant for multimadrid  Pretty pleeeeeeaaaaasssseee with sugar on top!!! Saludos, jer...
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| Posts: 12231 | Location: ny, u.s.a. --> madrid, spain --> the plaza mayor ! | Registered: 30 June 1998 | |
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Maybe I am missing something here. I have read all posts on this thread. I have travelers' checks. Can I open an account with them? That question wasn't answered on the board here. Joy, did you use travelers' checks or cash? Thanks, Shawn
"Wanna fly, you got to give up the shit that weighs you down" - SONG OF SOLOMON, Toni Morrison
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| Posts: 1255 | Location: Richmond, VA but in MADRID now | Registered: 10 February 2002 | |
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"the man!"
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Of course you can Shawn. Travellers checks are money and while not widely accepted except at big stores and such, they are always welcome at banks and not only that but you will get a better exchange rate than if you bring cash. Saludos, jer...
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| Posts: 12231 | Location: ny, u.s.a. --> madrid, spain --> the plaza mayor ! | Registered: 30 June 1998 | |
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Thanks for the response, Jer. So that means that I open up an account Monday morning at La Caixa. I am so PSYCHED . . . Shawn
"Wanna fly, you got to give up the shit that weighs you down" - SONG OF SOLOMON, Toni Morrison
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| Posts: 1255 | Location: Richmond, VA but in MADRID now | Registered: 10 February 2002 | |
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Adrian, First off, Thanks so much for your offer to help!  I'm going to take you up on it! Ok. Lets see- opening an account (resident) with dollars, what is the best way to go? Cash, Cashier's check or Money order, or a regular personal check from your bank in the US. Also, what is the comission rate they charge you and do they give you what the standard exchange rate is or below it because of comissions. For future transactions once the account has been established: How much if any comission do they charge you to deposit checks in American Currency? What is there regular comission (again, if any) do they charge you if you simply want to exchange money (for ie: US dollars to Euros) if you have an account with them? Are there any monthly charges to have an account opened with them? Thank you berry muchas!
Siguiendo mi propio Camino de Santiago
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| Posts: 387 | Location: Madrid | Registered: 19 October 2002 | |
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I will be moving to Madrid for about a year and am in the same banking situation. I have some additional questions: 1) Would it be just as easy for me to use Citibank checks issued in New York as in Madrid? or should I order checks from the Citibank office in Madrid? 2) If I am in Madrid and want to transfer funds or something would I be able to access them from the Madrid branch or would I have to call New York again? In other words, is ATM usage the only tangible access you have to your Citibank DOLLARS once you are in Madrid. Thanks a million, Mikey
"He who hath not a dram of folly in his mixture, hath pounds of much worse matter in his composition".
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| Posts: 334 | Location: New York, USA | Registered: 06 June 2003 | |
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"the man!"
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Hey Mike, I htink I can field those... 1) Get checks here from a Madrid branch, nothing scares people here more than a foreign check  (even if it is from the same bank). Also, get used to paying with your credit card here, checks are not commonly used for everyday stuff in Spain but plastic is GOD!!! 2) Not sure I understand the question. In theory and from what people have said about Citibank here on this thread, an account is an account. If you are referring to wiring from a Citibank $$$ account to a Citibank ��� account, I think Citibank has online virtual banking to do this, no  Saludos, jer...
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| Posts: 12231 | Location: ny, u.s.a. --> madrid, spain --> the plaza mayor ! | Registered: 30 June 1998 | |
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OK, I will next be in the Citibank inner sanctum on Tuesday, so I'll try by best to get some juicy answers from the people know ought to know... so you have the weekend to dream up any more queries! Jer, I figured it was about time I try paying some dues - feeling the mm love, dude. And what's with the cam in the Jer-Lair ? That cancan picture is getting stale!
I am thankful for laughter, except when milk comes out of my nose.
Woody Allen
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| Posts: 194 | Location: No fixed adobe | Registered: 23 December 2001 | |
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