2023 2024 Student Forum > Management Forum > Main Forum

 
  #1  
25th June 2015, 03:06 PM
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Citibank MMDA

Last night I was surfing internet. I got some information about Institutional Money Market Deposit Account (MMDA) of Citibank. So I want to get full information about it. Can you please give me web address of official website of Citibank with instructions to reach on web page where I can get full information about Institutional Money Market Deposit Account (MMDA)?
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  #2  
21st November 2015, 12:27 PM
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Re: Citibank MMDA

I would like to know what Citibank MMDA is and the important factors of the Citibank MMDA account?
  #3  
21st November 2015, 12:28 PM
Super Moderator
 
Join Date: Aug 2012
Re: Citibank MMDA

Institutional Money Market Deposit Account (IMMDA) are accounts opened with Citibank.

The important factors or features of the Citibanks IMMDA accounts are as follows:


Citi’s Institutional Money Market Deposit Account (IMMDA) is an perfect investment for clients looking to maximize returns on stable cash balances.

Money Market Deposit Accounts are interest-bearing ready money deposits offering clients a spirited yield as well as daily liquidity.

These no-fee accounts can be managed through CitiDirect® Online Banking and can post interest to an alternate Citi account.

No maximum deposit.

Daily liquidity with no definite maturity.

Highly aggressive rate determined by Citibank comparable to several AAA Prime Money Market Funds.

Every day Liquidity.

Citibank, N.A. Deposit.

extremely competitive yields.

Federal Deposit Insurance Corporation (FDIC) insured up to $250,000.

Easy to put into operation.

No maximum deposit.

No account maintenance or administrative charges.

Online visibility and supervision via CitiDirect

Address:

CitiBank Headquarters:
Sioux Falls,
South Dakota,
United States


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