Offer Terms & Conditions (Referral Program):

Terms related to which customers are eligible for this offer:

1. The Member Get Member (MGM) offer is open to Citibank clients who refer new clients to Citibank UAE for the purpose of opening a new Citigold or Citigold Private Client account through MGM referral forms.

2. Referred customers or "Referees" that have closed any Citibank account where they were a single or joint account holder within 12 months immediately preceding the date of opening the new Citigold/Citigold Private Account are not eligible for the reward.

3. Referrals of immediate family members (including spouse, sibling, parent, son/daughter) will not be accepted in this offer.

4. For joint accounts, only one reward will be given to the Primary Account Holder

5. This offer is applicable only for UAE residents.

6. Offer is NOT applicable for US persons.

7. Offer is NOT applicable for Citibank staff (Including Non-Employees)

8. The Referrer, or person who refers someone, is only eligible for referrer pay-out amount as stated in the offer grid on the Sales Authorization Form and/or Citibank’s website

Terms related to what eligible customers must do to qualify for this offer:

9. Referred customer should open a Citigold (CG) or Citigold Private Client (CPC) account between 1 October 2024 to 31 December 2024.

10. Initial Funding: Once a CG account is opened, the referred customer must have Total Relationship Balance (TRB) of USD 200,000 (or equivalent in other currencies) or more in their CG relationship within 90 days of opening the bank account. Likewise, the referred customer must have Total Relationship Balance of USD 1,000,000 (or equivalent in other currencies) or more under CPC relationship, within 90 days of opening the bank account. Total Relationship Balance is the sum of balance in deposits, investments (clients equity only, leverage component not included) or insurance policy values.

11. To be eligible for the Bonus funding reward of AED 3,000, customers must have an active Citibank UAE primary credit card at the time of their Citigold (CG) or Citigold Private Client (CPC) account opening during the campaign period.

12. In order for the referred customer (one who is referred to Citi) and referrer customer (one who refers) to qualify for CG Funding Reward, once initial funding has taken place, the referred customer must maintain their relationship balance of USD 200,000 (or equivalent in other currencies) or more in their CG relationship for a period for 90 consecutive days at all times. Likewise, for the referred customer (one who is referred to Citi) and referrer customer (one who refers) to qualify for CPC Funding Reward, once initial funding has taken place, the referred customer must maintain their relationship balance of USD 1,000,000 (or equivalent in other currencies) or more in their CPC relationship for a period of 90 consecutive days at all times. The 90 consecutive days in which referred customer maintains required Total Relationship Balance is defined as Funding Period. For the avoidance of doubt, the funding period has to start no later than 90 days from account opening date. For the purpose of calculating reward, the lowest daily balance maintained for the 90 days will be taken.

13. Funds transferred from Citibank UAE accounts will NOT be counted towards TRB calculation for offer fulfilment. Any funds that a customer received from another Citibank UAE account will be deducted from the TRB calculation for Funding Offer reward. For example, if a customer opened an account on 1 October 2024 , funded the account on 10 October 2024 and maintained a TRB of $250,000 until 10 January 2025 , BUT $150,000 of the $250,000 came from a transfer from another Citibank UAE account, the customer’s TRB would be calculated to be only $100,000 and the customer would NOT qualify for the offer.

14. The referred customer can earn Investment and Insurance Rewards. To earn this, the customer must qualify for Funding Reward as mentioned in above clauses, and additionally hold have purchased at least USD 30,000 and/or USD 200,000 worth of investment products or a life insurance product by the end of the Funding Period and must maintain an investment/insurance policy of equal or greater value as of the last day of the funding period.

15. The account should be in good standing at the time of reward credit.

16. The Funding and Bonus Rewards would be credited to customer’s bank account within 30 working days of customer fulfilling the qualification criteria.

17. Customer qualifying under this offer cannot concurrently qualify under any other offer related to CG/CPC account relationship.

Other Terms related to this offer:

18. All accounts will be opened at the sole discretion of Citibank, N.A UAE and only upon receipt of complete documentation required

19. Citibank reserves the right to change / modify the campaign anytime

20. Citibank Terms and Conditions apply which can be read at www.citibank.ae/TnC. They are subject to change and are available upon request

21. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. UAE and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partner(s)/ other entity(ies)

22. In no event shall Citibank, any of its affiliates, or any of their officers, directors, employees or agents be liable for any loss, damage or expense arising out of or otherwise related to this offer

23. By inquiring about our services, offers or products, the customer will be authorizing our representatives to approach on contact details including the telephone/mobile number

24. If the required balance is not maintained (For Citigold USD 200,000 and/or Citigold Private Client USD 1,000,000) for 4 months, the account may be closed or downgraded by Citibank in compliance with the applicable terms and conditions

25. The products/services mentioned above are not offered to individuals' resident in the European Union, European Economic Area, Switzerland, Guernsey and Jersey. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals

26. Customer qualifying under this offer cannot concurrently qualify under any other account acquisition offer related to CG/CPC account relationship

27. To inform any Referrer whether or not his/her referral is successful is sole discretion of Citibank.

28. If a Referee is referred by more than one Referrer, the relevant Referral Reward will be given to the Referrer whose referral is received by Citibank first as determined by Citibank in its sole and absolute discretion

29. It is the Referrer’s responsibility to obtain the consent of each Referee to give such Referee’s personal data to Citibank for the purpose of marketing Citibank products and services to such Referee via telephone. The Referrer acknowledges that Citibank will inform such Referee that it has collected or will collect such Referee’s personal data from the Referrer. By submitting details, the Referrer confirms that they have obtained the consent of the Referee to allow Citibank’s representatives to contact the Referee via the telephone or other electronic means to market its services, offers or product and shall indemnify Citibank against any claims and costs arising thereof.

30. The Consumer has the right to acquire separately one of proposed bundled Products and or Services and forgo the favourable terms

31. New customers who open Citiblue (CB) and/or Citigold (CG) relationship bank accounts will not be eligible to upgrade to a Citigold (CG) and/or Citigold Private Client (CPC) relationship unless they maintain an active relationship in their current segment (CB or CG) for a minimum period of 6 months from the date of account opening. All accounts will be upgraded at the sole discretion of Citibank, N.A UAE.

Offer Terms for Investment and Insurance Rewards

1. TThe offer is valid for all new customers who open Citigold (CG) /Citigold Private Client (CPC) relationship bank accounts during the period from 1 October 2024 to 31 December 2024. (both dates included) ("Offer Period").
2. The referred customer can earn Investment and Insurance Rewards. To earn this, the customer must qualify for Funding Reward as mentioned in above clauses, and additionally hold have purchased at least USD 30,000 and/or USD 200,000 worth of investment products or a life insurance product by the end of the Funding Period and must maintain an investment/insurance policy of equal or greater value as of the last day of the funding period.
3. The offer will be at individual Customer Identification Number. If the customer opens more than one Mutual Fund Account with Citibank N.A. UAE under single or joint relationships, this offer is applicable only once per customer on the last opened Mutual Fund Account during the Offer Period.
4. The additional funding reward of AED 4,000, for investments or insurance above USD200,000 would be credited to customer’s bank account within 15 working days of receiving the funding rewards.
5. Systematic Investment Plan (SIP) transactions are excluded from this offer.
6. Customers need to have an active Mutual Fund Account or Securities Brokerage Account with Citibank UAE, a valid investor profile, Knowledge and Experience in Mutual Funds category which is indicated and confirmed by them to Citibank at the time of us crediting the cash back to customer’s Citibank bank account.
7. In addition to the above, General Terms & Conditions available on www.citibank.ae that governs the Mutual Fund Account, the Securities Brokerage Accounts and the Investment Services apply to this offer.
8. Customers are expected to have read and understood the above terms and conditions and the General Banking Terms & Conditions document available on www.citibank.ae at the time of signing the account opening documents.
9. These terms and conditions are subject to any applicable laws and regulations, including any regulations governing the Mutual Fund Account or the Securities Brokerage Account.
10. The Consumer has the right to acquire separately one of proposed bundled Products and or Services and forgo the favourable terms.
11. US Persons are not eligible for the Investment and Insurance Rewards, they are only eligble for the funding reward