What is the minimum for Citi Private Bank in Singapore?

Citi Private Bank Singapore typically requires a minimum of US$25 million (approx. S$33 million) in investable assets. Citigold Private Client (the tier below Private Bank) starts at S$1.5 million in deposits and investments. Citigold begins at S$250,000.

Is Citi regulated by MAS in Singapore?

Yes. Citi operates as Citibank Singapore Limited (locally incorporated, Full Bank licence) and Citibank N.A., Singapore Branch. Both are licensed and regulated by the Monetary Authority of Singapore.

Who is Citi Private Bank for?

Citi Private Bank targets families with US$25M+ — typically business owners, single-family offices, and globally mobile UHNW individuals. It is one of a small group of true UHNW-focused private banks in Singapore, alongside JP Morgan Private Bank, Goldman Sachs PWM, Pictet, and the global wealth tier of UBS / HSBC.

What is Citi Private Bank Law Firm Group?

Citi runs a globally well-known "Law Firm Group" serving partners at international law firms. Singapore is a centre for this practice given the concentration of Magic Circle / White Shoe lateral partners in APAC.

How does Citi differ from JP Morgan Private Bank in Singapore?

Both target US$25M+ UHNW clients. JP Morgan PB has a deeper alternatives platform (Highbridge, JPMAM) and stronger US-listed equity coverage. Citi PB has broader emerging-markets credit and a global custody-and-cash footprint that is hard to match for clients with multi-country operating businesses.

Citi

Citi Private Bank

Ultra-HNW Global Specialist

US-headquartered global private bank for ultra-high-net-worth families and single-family offices. US$25 million minimum. One of three Asia-Pacific booking centres.

Minimum

US$25 Million

Asia Booking Centres

SG · HK · Tokyo

Founded

1812

Why Choose Citi Private Bank?

UHNW-Only Focus

Citi Private Bank serves only families with US$25M+ in investable assets — no mass-affluent dilution of relationship-manager attention.

Law Firm Group

Specialist practice for partners at international law firms. Particularly relevant for Magic Circle / White Shoe APAC lateral partners.

Global Custody + Cash

Multi-currency custody across 90+ markets. Strong fit for clients with operating businesses across multiple jurisdictions.

Single-Family Office Services

Dedicated SFO platform — investment policy, governance, next-generation education, philanthropy. Pairs with Singapore 13O / 13U tax structures.

Citi Service Tiers in Singapore

Service Level	Minimum	Key Benefits
Citigold	S$250,000	Mass-affluent banking + investments
Citigold Private Client	S$1.5 Million	HNW tier — wealth advisory + global account
Citi Private Bank	US$25 Million	UHNW — full PB suite, SFO services, Law Firm Group

Ideal Client Profile

Citi Private Bank is particularly suited for:

Families with US$25M+ in investable assets
Single-family offices considering 13O / 13U structures
International law firm partners (Law Firm Group)
Business owners with multi-jurisdiction operations

Compare with Other UHNW Banks

JPM

JP Morgan Private Bank

US$25M minimum, US specialism

UBS

UBS Wealth Management

S$2-3M minimum

View All Banks

Complete comparison

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Already have a private banker? If your wealth plan needs to cover Singapore estate, CPF nomination, or cross-border succession, our sister site EstatePlanner.sg covers wills, lasting power of attorney, and probate for HNW Singapore families.