Citi International Personal Bank (Citi IPB)
private bank
Citi International Personal Bank (IPB), based in Jersey (UK Crown Dependency), serves international HNWI clients with USD 200,000+ minimum relationship balance. Offers multi-currency accounts (USD, EUR, GBP, plus 9 others), debit card, mortgage facilities, and access to Citi's wealth management. Crucially, Citi IPB serves US persons and remains FATCA-compliant — one of the few major international private banks doing so post-FATCA crackdown. The Jersey booking centre offers some asset-protection benefits but US persons remain fully subject to US worldwide-income tax regardless of where assets are held.
Details
- Headquarters
- United Kingdom
- Currencies
- 12
- Monthly Fee
- Free
- Non-Residents
- Accepted
- US Persons
- Accepted
- Debit Card
- Available
- Business Account
- Not available
Opening Requirements
- •USD 200,000 minimum relationship balance (across deposits + investments)
- •Government-issued photo ID
- •Proof of address
- •Source-of-funds documentation
- •Tax residency declaration / W-8BEN or W-9
Restricted Nationalities
Not available to nationals of: north-korea, iran, cuba, syria, russia
Nationality Acceptance Matrix
Who this provider will and will not onboard. Refusals are listed first. Sourced from the provider's own published terms and recent public onboarding reports — confirm with the provider before applying.
| Nationality | Accepted | Notes |
|---|---|---|
| russia | NO | Suspended post-February 2022 — Russian nationals not onboarded; existing accounts wound down or transferred. |
| iran | NO | Blocked — OFAC sanctions. |
| cuba | NO | Blocked — OFAC Cuba sanctions. |
| us | YES | US persons fully served; FATCA reporting via Citi to IRS. Notable as one of the few international private banks still onboarding US persons. |
| uk | YES | Full UK service; Jersey booking centre common for non-resident UK or expat-UK structures. |
| eu | YES | Full EU service; multi-currency including EUR. |
Similar Banking Options
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