Citibank Hungary's retail customers now have the ability to initiate instant, real-time online bank transfer transactions between their accounts, to family and business partners' individual bank accounts hold with Citi in 26 countries around the world. This new innovative digital service leverages the unmatched global network of Citi to bring unique benefits to customers around the globe.

Batara Sianturi, Citi Country Officer for Hungary said, "This is another innovation in the digital space that shows the connectivity of Citi across the globe and that has no equivalent in the banking industry. If you are a Citibank retail customer in Hungary with multiple accounts in other Citibank countries, or you want to make a transfer to your children studying in other countries with Citibank presence on all continents, you can now make the transfer real time. Now that we have Citibank Mobile banking in Hungary, our proposition "Anytime, from Anywhere, Real Time" will resonate more than ever with customers."

Jon Wiggins, Consumer Business Manager for Hungary also remarked, "We are connecting our customers in Hungary with 26 Citi countries by reducing the transfer time from even 5 days to an instant, real time service. The applied exchange rates for transfers requiring currency conversions are also real time and visible during the transfer setup. We encourage our customers to take advantage of this product which is unique to Citibank along with the many world class innovations that we have brought to Hungary in the 25 years of servicing our clients in Hungary."

More information about the Citi Global Transfers and other Citibank products and services are available at Citibank Hungary's website at www.citibank.hu.

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