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18th July 2015, 08:04 AM
ECS Citibank

What are the facilities of Electronic Clearing System of Citibank ? Also provide the Citibank Electronic Clearing System application form .
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18th July 2015, 09:36 AM
Super Moderator
Join Date: Apr 2013
Re: ECS Citibank

Citibanking customers can make use of Electronic Clearing System.

(ECS) as a payment option with Citibank.

• With this facility you can debit your savings or current account held with another bank and credit an account held with Citibank on a periodic basis.

For additional details on this facility, please call your Relationship
Manager or 24-hour CitiPhone.

Standing Instruction facility / ECS (Debit):

With a standing instruction on your account, you can pay your Credit Card Bills / Utility Bills / Transfer funds to another Citibank

Account or issue drafts etc.

You can also avail of an auto sweep facility which allows you to:

1. Set up a minimum threshold value above which all money can be swept

2. Sweep funds to one or more Accounts

3. Transfer a percentage of the balance to a particular account

4. Sweep funds to multiple accounts across cities
Submission of Form 15 G/H for term deposits.
Citibank Electronic Clearing System application form

For the form , here is the attachment;
Attached Files
File Type: pdf Citibank Electronic Clearing System application form.pdf (104.9 KB, 165 views)

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