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Citibank Korea broker Accounts

  

Citibank Brokerage Account Types

  Citibank offers various brokerage account types to cater to different investor needs. The primary types of accounts include:

  • Individual Brokerage Account: Designed for individual investors, allowing them to manage their own investments in U.S., Singapore, and Hong Kong markets.
  • Joint Brokerage Account: Suitable for two or more individuals who want to invest together, providing shared access and management of the account.
  • Corporate Brokerage Account: Intended for businesses looking to invest in securities, allowing multiple authorized persons to manage the account.
  • Retirement Accounts: Options such as IRAs that provide tax advantages for retirement savings, including Traditional and Roth IRAs.
  • Professional Accounts: Tailored for experienced investors or institutions, offering advanced trading features and lower commission rates.
  •   Each account type comes with its own set of features, benefits, and commission structures tailored to the investor's profile.

      

    Citibank Broker Account Opening Process

      Opening a Citibank brokerage account involves a straightforward process that can be completed in just a few steps:

    • Eligibility: Ensure you meet the eligibility criteria:
      • Must be a Singapore citizen, permanent resident, or employment pass holder.
      • Aged 21 years or above.
      • Must not be a U.S. person.
      • Application:
        • For existing Citibank customers, log in to Citibank Online, navigate to the investment services section, and select "brokerage account opening."
        • New customers can visit any Citibank branch to complete the brokerage account opening form.
        • Documentation: Prepare and submit necessary documents, including:
          • Identification (e.g., passport or national ID).
          • Proof of address (e.g., utility bill or bank statement).
          • Funding the Account: After approval, fund your brokerage cash account via:
            • Online transfer from another Citibank account or bank.
            • Check deposit.
            • Cash deposit at Citibank branches or ATMs.
            •   Account Activation: You will receive an SMS and email notification once your account is activated, typically within 3-5 business days.

            •   Start Trading: Once your account is funded, you can begin trading through Citibank Online, the Citi Mobile app, or by calling the brokerage hotline.

            •   For more information, visit Citibank Brokerage.

Citibank Korea accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Citibank Korea Account