Yes. It is divided into Hong Kong and Shanghai. First of all, due to the geographical influence of the Hong Kong Special Administrative Region, Citibank Hong Kong is not subject to some of the policies and regulations of the mainland, such as free exchange (RMB business has also been opened in recent years, it used to be 20,000 CHN per day) Now unrestricted). Hong Kong is a developed trading center for international securities, spot, futures, foreign exchange, commodities, derivatives, and most of the capital comes from overseas. It is easy to open an account, so it has great advantages over the restricted mainland in terms of investment and speculation. , and of course remittance as well.
Citibank, unlike its mainland branches that are subject to mainland restrictions, can freely use "Citi Global Transfer". Citi Global Transfer can guarantee that Citibank accounts in any region of the world will arrive within three hours. If it is the United States, it should be real-time. The handling fee for deposit is completely free, which is different from the high handling fees in mainland China. For details, please refer to the Citibank Hong Kong website