Puerto Rico

Effective October 27, 2006

Client ManualConsumer Accounts

Including our Privacy Notice

®

Item US70011SE-PR (Rev. 10/06) Pkg. 25

General Information .................................................................................................3Definitions .......................................................................................................3Customer Service.......................................................................................3Special Services for Persons with Disabilities.............................4Amendments/Changes to This Agreement .................................4Disputed Consumer Reporting Agency Information ............5Legal Process.................................................................................................5Governing Law.............................................................................................5

Quick Reference Guide ..........................................................................................5

Package Pricing ............................................................................................................6

Account Opening/Ownership...........................................................................7Opening an Account ................................................................................7Account Ownership .................................................................................7FDIC Insurance ............................................................................................7Special Circumstances..............................................................................8Transferring Ownership of an Account.........................................9Assignments ...................................................................................................9Closing a Deposit Account...................................................................9

Electronic Banking ....................................................................................................9The Citibank® Banking Card/Debit Card...................................10Citibank ATMs and Network ATMs .............................................11Point-of-Sale Transactions....................................................................13Transactions Made in Foreign Currency ....................................13CitiPhone Banking®.................................................................................14Direct Deposits.........................................................................................14Bill Payment Service ...............................................................................14Citibank® Online ......................................................................................15Citibank Global Transfer Service.....................................................15Lost or Stolen Citibank Banking Card/Debit Cards and Unauthorized Electronic Transactions ................................16Errors and Problem Resolution Procedures............................17Confidentiality at Citibank...................................................................18

Account Transactions .........................................................................................19Deposits ........................................................................................................19Transfers (Other than Recurring Bill Payments)....................21Withdrawals................................................................................................24Account Statements and Notices..................................................27How Checking Accounts are Maintained..................................28Substitute Checks and Your Rights ................................................28

Special Availability Services ........................................................................29Checks-as-Cash® ......................................................................................29Safety Check ...............................................................................................30

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Table of Contents

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General Information

The information in this Client Manual applies to accounts and servicesobtained at a Citibank Financial Center in Puerto Rico, through CitiPhoneBanking or using Citibank Online. Some of the products and servicesdescribed in this Client Manual may not be available through CitiphoneBanking® or Citibank Online. When you open an account, you are agreeingto the terms and conditions governing that account.This Client Manual andaccompanying Marketplace Addendum contain important details, rules andprocedures for checking, savings, money market accounts, Certificates ofDeposit (CDs), and Market Rate accounts.They also explain when yourdeposits will become available for withdrawal, tax identification requirementsand rules governing electronic transfers.The Client Manual and MarketplaceAddendum do not contain information relating to specialized services suchas Retirement Plan Services accounts, mortgages or CitiBusiness accounts.

DefinitionsFor the purpose of this Manual, the words “we,” “us,” “our,” and “Citibank”refer to Citibank, N.A., Member FDIC.

The words “you” and “your” refer to you the Citibank client.

The term “Financial Center” refers to a branch of Citibank.

The term “Home Financial Center” refers to the Financial Center whereyou open your account or to which you transfer your account.

The term “Financial Associate” refers to a Citibank teller.

The term “bank holiday” means any local or federal holiday observed byCitibank in Puerto Rico.

The term “business day” means any day of the week that is not aSaturday, Sunday or bank holiday. Non-business days are considered partof the following business day. Citibank’s business day generally ends at4:00 PM Atlantic Time, although the business day at some Financial Centersends later.The end of business day varies from Financial Center toFinancial Center, and is posted in each Financial Center. For a definition ofbusiness day as to the availability of deposits you make, please refer tothe Funds Availability at Citibank section of the Marketplace Addendum.

The term “U.S. Resident” refers to a person residing in one of the 50 statesof the United States.

Customer ServiceChanging Your Account Records. It is important that your accountrecords be kept up-to-date. Please keep us informed of any change inyour address. Just call CitiPhone Banking.® Be sure to change the addresson all of your accounts.If you notify us of a change of address once your account is opened, itwill not affect the Home Financial Center assigned for your accounts.Once your Home Financial Center is established, any additional accountsyou open by phone, mail or using Citibank® Online will be assigned tothat Financial Center.

Statements and Notices. Each statement or notice is sent to onlyone owner per account, regardless of the number of account owners.Notification given to any one owner is considered notification to all ownersof the account.We use ordinary mail or electronic mail for delivery andpay all postage (when applicable). All statements and notices (including anyreturned to us as undeliverable) are considered delivered to you on thedate we first place them in the mail or the date the electronic mail is firstsent.We are not responsible for statements or notices lost in transmittal.

If two consecutive statements and/or notices are returned to us for anyreason, you agree that we may hold subsequent notices and statementsuntil we receive forwarding information from you.

Resolution of Disputes by Arbitration ...............................................31Important Tax Information for Puerto Rico Residents Only..........................................................................33Important Tax Information for U.S. Citizens Living Outside Puerto Rico and U.S. Resident Aliens Only....................................................................33

Introduction.................................................................................................33IRS Form W-9 Instructions forU.S. Citizens and Resident Aliens....................................................33Penalties.........................................................................................................34Specific Instructions for Completing Form W-9 ....................34Part I – Taxpayer Identification Number (TIN)......................35For U.S. Payees Exempt from Backup Withholding .............35Certification.................................................................................................35Privacy Act Notice ..................................................................................35What Name and Number To Give the Requester..............36Payees Exempt from Backup Withholding................................37Payments Exempt from Backup Withholding..........................38

Signature Card (Reference Copy) ............................................................40

Our Privacy Notice .....................................................................................................iPrivacy Choices Form...............................................................................v

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Table of Contents (continued)

Disputed Consumer Reporting Agency InformationIf your account has been maintained in an unsatisfactory manner, wesometimes report information about you and any joint account holdersor authorized signers on the account to a Consumer Reporting Agency.

If you disagree with the accuracy of the information that we submit to aConsumer Reporting Agency, please call CitiPhone Banking (see the backcover for phone numbers) or write to us at Citibank – Credit Bureau Inquiry,P.O. Box 769004, San Antonio,TX 78245-9989.We will review our filesand respond to you in writing.

Legal ProcessWe may comply with any writ of attachment, adverse claim, execution,garnishment, tax, levy, restraining order, subpoena, warrant or other legalprocess which we believe (correctly or otherwise) to be valid. A fee forprocessing will be assessed. NOTE: If we are not fully reimbursed for ourrecord research, photocopying and handling costs by the party whichserved the process, we may charge such costs to your account, in addi-tion to the minimum legal process fee.

You agree to indemnify, defend and hold us harmless from all actions,claims, liabilities, losses, costs and damages (including attorney’s fees) asso-ciated with our compliance with any process that we believe to be valid.Accounts opened with trust or fiduciary designations (e.g., “XYZ, Inc.-Client Trust Account”) may be subject to levies and other legal processagainst your property unless our records clearly reflect the existence ofan express written trust or court order.

We will not pay interest on any funds we hold or set aside in response tolegal process.You agree that we may honor legal process which is served bymail or facsimile transmission, or at any of our offices, even if the lawrequires personal delivery at the office where you maintain your account.

Governing LawAccounts and services through Citibank are governed by Federal law andregulations.To the extent that such laws and regulations do not apply, theseaccounts and services shall be governed by and be construed in accordancewith the laws of the Commonwealth of Puerto Rico.

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Account Errors. You have a responsibility to review your accountstatements in a timely manner and to notify us promptly of any errors.You must notify us in writing within 30 days after we send or make available to you your account statement and accompanying items of any errors, discrepancies, or unauthorized transactions not involving an electronic funds transfer. If you fail to do so, we will not be liable for debitsor charges to your account resulting from such errors, discrepancies orlack of authorization.

You also agree that any suit you bring based on an account error, discrep-ancy, or unauthorized transaction must be brought within one year afterthe date of the first account statement on which the error, discrepancy, orunauthorized transaction appears.

If you think an error has been made or if you need more information,call CitiPhone Banking. Please read the “Errors and Problem ResolutionProcedures” section on page 17 for additional information about ElectronicBanking transactions.

If, by mistake, funds to which you are not entitled are deposited into youraccount, we have the right to remove these funds from the account atany time without prior notice to you. If there are insufficient funds in theaccount to correct the mistake, we may charge your other accounts forthe necessary funds.

If your account is debited with a substitute check you have received from usand you believe that there is an error or discrepancy or that the transactionis unauthorized, you are entitled to additional rights under the law. Pleaserefer to the “Substitute Checks and Your Rights” section on page 28under the heading Account Transactions for a description of those rights.

Recording Your Service Requests. You agree that we may recordthe conversations our employees have with you or your agents.We dothis from time to time to monitor the quality of service and accuracy ofinformation our employees give you and to ensure that your instructionsare followed.

Accounts or Services No Longer Offered. For information regarding accounts or services that are no longer offered, please consultyour original account agreements.

Special Services for Persons with DisabilitiesAt Citibank, access to services and facilities is available to all clients, includingthose with vision, hearing or physical disabilities.• Clients with vision and reading disabilities can get cash and make

deposits at our Citibank ATM locations via special screens and audiocues. Ask for instructions at your nearest Financial Center

• Text Telephone (TTY) service for individuals with speech and/or hearingdisabilities is available to clients seeking service or account-openingassistance. For service inquiries, call the toll-free TTY number, locatedon the back cover of this agreement

Amendments/Changes to This AgreementWe reserve the right to change the terms and conditions contained in thisClient Manual and the Marketplace Addendum, which may include addingto them or deleting certain provisions entirely or partially. In addition, wewill revise this Client Manual and the Marketplace Addendum from timeto time to reflect these changes. Copies of the current Client Manual andthe Marketplace Addendum will be available at any Financial Center oryou can call CitiPhone Banking® to request a new copy.We suggest thatyou keep any notification of changes to this agreement along with the restof your Citibank account information. Unless otherwise required by law,we may amend this Client Manual and the Marketplace Addendum withoutprior notice to you. If we choose to notify you or are required by law tonotify you of changes to this agreement, we may mail or deliver a notice,a statement message, or an electronic message to you at the last addresswe have on file for you. Certain fees may change without notice to you.

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Quick Reference Guide

The following is a brief description of the deposit account componentsoffered at Citibank that are linked for pricing. Please refer to theMarketplace Addendum for further details.

CheckingAccess AccountThe simplest transaction account among Citibank’s offerings.The newAccess Account is a non-interest bearing transaction account that providesyou with all the benefits of a Regular Checking account without having towrite checks. A great way to start a relationship, and experience conve-nience of banking with Citibank.

Regular CheckingThis is our core checking account. Regular checking is a non-interestbearing, transactional account that allows you to write checks against youraccount, and it provides all the benefits and convenience of managingyour finances at Citibank.

Interest CheckingWith this account, you earn interest on the funds in your account. This isan interest bearing, transactional account which allows you to writechecks while giving you the additional flexibility of banking convenience.

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At Citibank, we’re committed to giving our clients superior service andvalue. And that means providing you with solutions. You can achieveyour financial goals and simplify the way you manage your money withour various offerings of account packages.

The banking and financial services you need today—and tomorrow—areavailable to you at any time. Now, you can keep track of your finances allin one place and receive the personalized service and recognition youdeserve. This is possible because Citibank account packages provide youwith more rewards for your accounts with Citibank and its affiliates. Bybringing together your deposits, loans, and credit cards, you can reduce oreven eliminate service fees in some cases, earn better rates on both yourdeposits and loans, gain easier access to your accounts, and even seethem in one statement.

There are several ways to bring your accounts together, each package tailored with specialized pricing to make the most of your resources.We offer Basic Banking, Citibank® EZ Checking,The Citibank Account, andCitibank Everything CountsSM. Based on your account balances and yourmonthly transactions, you will find one that provides the right solutionsfor your particular needs.

For additional information about the various checking account packagesand deposit accounts available in your Financial Center, please refer to theMarketplace Addendum provided with this manual.

Account Opening/Ownership

This section of the Client Manual contains the general information, rulesand regulations that apply to all Citibank consumer deposit accounts.

Opening an AccountRequired Information. Savings and checking accounts are openedsubject to our ability to verify your identity and signature.We require suitable forms of identification.When you open an account, we mayobtain a report from a consumer reporting agency. We require a SocialSecurity Number or Tax Identification Number (TIN) for all accounts; andfor accounts earning interest, we also require that you certify this number.This requirement does not apply to nonresident aliens, but these individualsmay only open accounts at Financial Centers and must periodically certifytheir status. Further details can be found in “What is Backup Withholding?”under the section “Important Tax Information” on page 34.

Account OwnershipIndividual Account. An individual account is opened in the name of one person only.The authorization of this person is required for transactions on this account.Joint Account. An account can be opened in the name of more thanone individual. All money on deposit will be owned jointly.The signaturesof all named joint account owners must be on file to establish their ownership rights.With a joint account, we can act on the instructions of any one or moreof the joint account owners whose signatures are on file with us.We willfollow these instructions until we receive written notice to the contraryfrom any account owner or until we are aware of any dispute relating to theaccount.Thereafter, we may require all owners to authorize any subsequentwithdrawals. Either joint account owner may close a joint account.EACH ACCOUNT HOLDER IS JOINTLY AND SEVERALLY RESPONSIBLEFOR PAYING OVERDRAFTS CREATED BY ANY AUTHORIZED SIGNER(S)OR PARTY TO THE ACCOUNT,WHETHER OR NOT THEY PARTICIPATEIN THE TRANSACTION OR BENEFIT FROM ITS PROCEEDS.WE MAYBE REQUIRED BY LEGAL PROCESS TO PAY ALL THE FUNDS IN AJOINT ACCOUNT TO SATISFY A JUDGMENT AGAINST ANY OR ALLACCOUNT OWNERS.If a joint account owner dies, the balance of the account will be treatedand disposed of according to applicable inheritance laws. See “Accounts ofDeceased Persons” on page 8.Trust Account. The funds in this type of account are owned by a trust.In some cases the trust must have its own Tax Identification Number issuedby the IRS. A trustee certification is required to open this type of account.

FDIC InsuranceYour deposits at Citibank are insured by the Federal Deposit InsuranceCorporation (FDIC).There is separate insurance up to $100,000 for eachof the following types of accounts. Add together all of your accounts atCitibank, in each of these categories to determine your FDIC coverage:• Individual Account (including Sole Proprietorship Accounts)• Joint Account.An individual’s interest in all joint accounts at Citibank are

added together and the total is insured up to $100,000• Irrevocable Trust Accounts, including certain corporate retirement plan

accounts.The interest of each known beneficiary is separately insured up to$100,000 and is not added together with any beneficiary’s individual accounts

• Estate Account (not added together with any beneficiary’s individual accounts)• Individual Retirement Accounts (IRAs), Educational Contribution

Account (ECAs) and other retirement accounts

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Package Pricing

SavingsDay-to-Day SavingsThis is a statement savings account that can be linked to another deposit,retirement, loan, line of credit, or Citibank credit card account balance atCitibank. It operates with a Citibank Banking Card/Debit Card, whichenables you to make deposits, withdrawals and transfers through the convenience of an ATM, over the phone or at a Financial Center. Youractivity is summarized in a periodic statement. Certain restrictions applyto the Basic Savings Account. See Marketplace Addendum for more details.

Passbook SavingsThis savings account comes with a passbook in which your aggregateaccount activity can be entered.This passbook serves as your only record,no periodic statement is issued.

Money Market Accounts These are limited transaction savings accounts that have a variable annualpercentage yield that may be changed at any time. Based on your balance,you may be able to earn higher rate of interest than you would otherwise.Some money market accounts allow check writing ability.

Certificate of DepositA savings account for time deposits. Your funds are left in the account fora specified term and may be withdrawn at maturity. Terms range from 3months to 5 years. There is a penalty for early withdrawal. For additionalinformation please see the Marketplace Addendum.

Market Rate AccountA savings deposit account with limited access and special terms and conditions. For additional information please see the Marketplace Addendum.

D. Duly Constituted Will; in the absence of a will, court’s resolution ofdeclaratory of heirs, and Puerto Rico estate tax lien waiver.

For more information about which documents are required, please speakto your Financial Center or contact CitiPhone Banking® (see the backcover for telephone numbers).

Transferring Ownership of an AccountOWNERSHIP OF CHECKING, SAVINGS, MONEY MARKET AND CERTIFICATE OF DEPOSIT ACCOUNTS IS NOT TRANSFERABLEWITHOUT THE CONSENT OF CITIBANK.You may make any changesto the ownership of your account with our consent and by completingthe appropriate Citibank forms.

AssignmentsMost accounts can be assigned as collateral for a loan from Citibank oranother lender. Unless Citibank agrees in writing, any such assignment toanother lender will remain subject and subordinate to Citibank's right ofset off. For the assignment to be effective, Citibank must receive writtennotice of the assignment and acknowledge it in writing.We will thenreflect the change on the records of the bank.

Closing a Deposit AccountYou may close your account at any time (except as stated otherwise inthis Client Manual).The same signatures required for writing checks andmaking withdrawals are required to close the account.If you close a Certificate of Deposit account before maturity, you will besubject to an early withdrawal penalty.We reserve the right to close your account at any time for any reason.We will try to notify you in advance should this be necessary, but we arenot obliged to do so.We also reserve the right to close your account if azero balance remains for over 75 days.If we close your account, we will send you a check for your final balance,if any, minus applicable service fees.

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Special CircumstancesRestricted Access. The Account Summary session statement youreceive with your account opening package is not a deposit receipt. Alldeposit amounts must be verified by the bank.There are occasions whenwe restrict access to deposits, such as when your account application isbeing processed, when funds are assigned as collateral or when we arerequired by law to restrict access. If funds assigned as collateral are ininterest-bearing accounts, they will continue to earn interest as usual.Theymay not, however, be used in connection with our Checks-as-Cash® orSafety Check services.When we receive an order instructing us to restrict access to funds in anaccount, we ensure compliance by removing the funds from the accountand maintaining them separately.These funds will not earn interest andwill not be considered as part of your combined balances when wedetermine account fees and rates.Forfeited Accounts. If your account is seized by or forfeited to theUnited States government or a local government, you no longer have titleto the account, and the funds in it will no longer earn interest, even if thefunds are eventually returned to you.Right of Setoff. Subject to applicable law, we may exercise our right ofsetoff against any and all of your accounts (except IRA, Keogh plan andcertain Trust Accounts) without notice, for any liability or debt of any ofyou, whether joint or individual, whether direct or contingent, whethernow or hereafter existing, and whether arising from overdrafts, endorse-ments, guarantees, loans, attachments, garnishments, levies, attorneys’ fees,or other obligations. If an account is a joint or multiple-party account,each joint or multiple-party account owner authorizes us to exercise ourright of setoff against any and all accounts of each account owner.Dormant Accounts. Under unclaimed deposits statutes, we must turnover to the government your checking, savings, or matured certificates ofdeposit accounts if you have not done at least one of the following duringa specified period of time:• Deposited or withdrawn funds from the account, excluding the credit

of interest• Deposited or withdrawn funds or initiated another financial transaction• Signed our active account confirmation form• Written to us concerning the accountA Certificate of Deposit account that has not reached maturity is notconsidered inactive, but if the account renews automatically, it can becomeinactive in our records starting after the maturity date.Please note that the period of inactivity for an account to be consideredabandoned property differs by jurisdiction.The laws of the location of yourlast known address determine the inactivity period and the manner in whichyour funds are transferred to the government. Please contact CitiPhoneBanking or your Home Financial Center if you would like specific informationconcerning the length of the inactivity period applicable to your account.Accounts of Deceased Persons. In case of death of an account owner,we will continue to honor checks written on that account until we arenotified of the death. Upon notification, we will block the account. Underapplicable laws of the Commonwealth of Puerto Rico, from the day wereceive notice of death until the day we receive the Puerto Rico waiver ofestate tax lien, we are allowed to advance funds in the amount of thegreater of $5,000 or 25% of the balance in the account.By law, certain documents must be presented to us before funds in such anaccount can be paid out and the account closed.These documents mayinclude:A. Certified Copy of Death CertificateB. Letters Testamentary or Letters of AdministrationC. Foreign Deceased – (out of the Country).We require a certified copy

of the Death Certificate translated into English and attested to by theAmerican Consul. Ancillary letters issued from a court in the UnitedStates are also required. NOTE: Additional documents may berequired depending on the ownership of the account.

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Electronic Banking, which means extra convenience to most Citibankclients, refers to all transactions in which the transfer of money beginselectronically, without paper.Included among these transactions are deposits, transfers, withdrawals andpayments you make at our 24-hour Citibank ATM locations; automatictransfers such as direct deposits of your Social Security checks; purchasesyou make with direct transfers of funds from your checking account; cashwithdrawals and transfers you make at ATM network machines belongingto other financial institutions; transfers between your accounts via telephone;and transfers, withdrawals and payments you make. Federal regulationsrefer to these types of transactions as Electronic Funds Transfers.This section does not apply to Fedwire or similar wire transfers; transfersof funds to purchase certain securities; or certain automatic transfersbetween your accounts at Citibank, your account and an account of afamily member at Citibank, or your account and Citibank (such as anautomatic loan payment); and any other transactions excluded by federalregulations.We encourage you to read this section carefully. It explains electronicbanking at Citibank and your rights and responsibilities with handlingtransactions in this convenient way. For further important information, pleaseconsult the “Lost or Stolen Citibank Banking Card/Debit Cards and UnauthorizedElectronic Transactions” section on page 16. See the Marketplace Addendumfor a definition of “business day.”If you have any questions or problems regarding an electronic transaction,please write or call CitiPhone Banking® (see page 16 for address and backcover for telephone numbers).

Electronic Banking

Citibank ATMs and overseas ATMs may limit access to a primary checkingaccount.While some non-Citibank ATMs will offer the choice of withdrawalsfrom either checking or savings, others may not.Renewal. We will automatically send you a new Citibank Banking Card/Debit Card before your current card expires. Just sign it and it’s ready touse immediately. Don’t forget to destroy your old Citibank BankingCard/Debit Card.Cancellation.You may cancel your Citibank Banking Card/Debit Card atany time for any reason.To do so, cut it in half and notify us throughCitibank® Online, by phone or in person at any Citibank Financial Center.Please note that the Citibank Banking Card/Debit Card we issue you isand remains the property of Citibank.We have the right to take possessionof it, to demand its return, and to cancel it at any time.Lost or Stolen Citibank Banking Card/Debit Card. If your CitibankBanking Card/Debit Card is lost or stolen, it is your responsibility to notifyus immediately. Please call CitiPhone Banking at the telephone number onthe back cover of this agreement. Further information can be found in the“Lost or Stolen Citibank Banking Card/Debit Cards and Unauthorized ElectronicTransactions” section on page 16.

Citibank ATMs and Network ATMsCash Withdrawals.You can use your Citibank Banking Card/Debit Card towithdraw a maximum of $1,000 ($2,000 for Citibank Everything CountsSM)in cash per business day from each of the following: checking, savings andMoney Market Accounts.There is no limit to the number of withdrawalsyou can make.When using your Citibank MasterCard and Visa credit card accounts toobtain cash from an ATM, you can make a maximum of three withdrawalsper calendar day. If you have been a Citibank credit card client for 2months or more, you can withdraw a maximum of $1,000 in cash percalendar day. If you have been a credit card client for less than 2 months,you are limited to a maximum of $500 in cash per calendar day.

For purposes of withdrawals from Citibank ATMs, a business day is any day ofthe week that is not a Saturday, Sunday or a federal holiday* ending at 7:30 PMAtlantic Time while the U.S. is under Daylight Savings Time and 8:30 PMAtlantic Time when the U.S. is under Standard Time. Transactions done onnon-business days are considered made on the following business day.Please note that each withdrawal and cash advance is limited by the amountavailable in your account. Some ATM network machines may impose lowerlimits on cash withdrawals.*”Federal holidays” are those federal holidays observed by financial institutions within the 50 states of the United States.Fees for Cash Withdrawals. There is no charge for making cash with-drawals with a Citibank Banking Card/Debit Card at Citibank ATM locationsin the U.S. A cash withdrawal made with a Citibank MasterCard or Visacredit card at a Citibank ATM or a network ATM will generally be treatedas a cash advance and may involve transaction fees and interest charges.Please refer to your credit card account agreement for details. Chargesfor cash withdrawals at non-Citibank ATM locations will vary dependingon the checking account package you selected. See the MarketplaceAddendum for more details.Fees for Using non-Citibank ATMs. When you use a non-Citibank ATM,you may be charged a fee by the ATM operator and/or the network thatprocessed the transaction. For example, if the fee is $2, your $100 cash with-drawal will be charged to your Citibank account as $102.A fee may beimposed for a balance inquiry, even if you do not make a withdrawal orcomplete another type of transaction.Deposits. You may use any Citibank ATM location to make deposits toyour checking, Savings, or Money Market Accounts any time of day or night.Deposits received before the end of a business day (or earlier postedcut-off time) on any business day will be reflected in your account balanceon the day of deposit. Envelope deposits received after the end of a business day, on a weekend or on legal bank holidays will be reflected themorning of the next business day the Financial Center is open. Please referto the Funds Availability at Citibank section of the Marketplace Addendum fordefinition of business day.

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The Citibank® Banking Card/Debit CardGeneral Information. With an activated Citibank Banking Card/Debit Card,you can handle your everyday banking needs-24 hours a day. Not only doesit give you access to cash at more than 600,000 ATM network machines(located across the country and in many countries throughout the world),but your Citibank Banking Card/Debit Card also enables you to purchasegoods and services through Point-of-Sale (POS) terminals and utilize theconvenient CitiPhone Banking® telephone service. Plus, you can get cash inlocal currencies at ATM network machines around the world.Citibank ATMs are available in Puerto Rico, California, Connecticut,Florida, Illinois, Maryland, Nevada, New Jersey, New York,Texas,Virginiaand Washington, D.C. and in more than 40 countries worldwide.The names and symbols for some participating ATM networks are printedon the back cover of this agreement.At Citibank ATMs, you can make the following types of transactions withaccounts linked to your Citibank Banking Card/Debit Card.• Get cash from checking, savings and Money Market Accounts• Get cash advances from Citibank credit cards and Ready Credit• Access your Checking Plus® line of credit (overdraft protection)• Make envelope deposits to checking, savings and Money Market Accounts• Transfer funds between checking, savings and Money Market Accounts• See a summary of each of your accounts• Make payments to your Citibank Ready Credit, Checking Plus and

Citibank credit cards with funds transferred from checking, savings andMoney Market Accounts

• Make envelope payments to Citibank credit accounts• Make payments to Citibank credit cards with funds transferred from

checking, savings and Money Market Accounts• Get account information and/or statement update for linked checking,

savings, Money Market Accounts, Checking Plus, Ready Credit andCitibank MasterCard® and Visa® credit cards

• Change your Personal Identification Number (PIN) at any touch-screenCitibank ATM machine in Puerto Rico and the U.S.

Your Citibank Banking Card/Debit Card displaying the MasterCard® Logoon the front provides you with the ability to perform all of the abovetransactions and:• Use funds in your Citibank checking account to purchase goods and

services at any merchant displaying the MasterCard logo• Make cash withdrawals from your Citibank checking account at any

bank that honors MasterCardIssuance and Access. You can get a Citibank Banking Card/Debit Cardwhen you have any of the following accounts: Checking, Day-to-DaySavings, and Money Market Accounts.You can link additional accounts toyour Citibank Banking Card/Debit Card to expand the types of transactionsor account information available to you electronically.Your Citibank Banking Card/Debit Card indicates the date when you canbegin using the card, and the expiration date for the card. A new CitibankBanking Card/Debit Card will be mailed to you before your currentCitibank Banking Card/Debit Card expires.Your Personal Identification Number. Your Personal IdentificationNumber (PIN) is a secret number for your Citibank Banking Card/DebitCard that you receive when you open your account. A PIN is requiredfor all Citibank Banking Card/Debit Card transactions at Citibank ATMsand ATM network machines. It ensures that you, and only you, can gainaccess to your money.You should keep your PIN confidential; no bankemployee knows your PIN or will ever ask for it. If you change your PIN,you can choose any combination of four numbers (not all four zeros).You may change your PIN at any time at a Citibank ATM location, orrequest your PIN be changed at any Financial Center or throughCitiPhone Banking.Overseas ATMs do not have keys with both letters and numbers. If yourPIN contains letters, please learn their corresponding numbers, as letterswill not always be noted on the keys.You should also be aware that non-

• Always be aware of your surroundings when using ATMs, particularlyafter dark

• Be sure to close the door behind you when you enter or leave the facility• Never begin an ATM transaction if you notice anything suspicious–go

to a different location or return at another time• Always cancel a transaction-in-progress, place your Citibank Banking

Card/Debit Card in a pocket, and leave an ATM location if you noticeanything suspicious

• Always end your session before you leave the ATM• Never display cash at ATM locations. Place cash and your Citibank

Banking Card/Debit Card in a pocket as soon as you complete your trans-action. Count cash in a safe location, such as a locked car, home, or office

• Immediately report crimes and suspicious activity at ATM locations to locallaw enforcement officials as well as the owners/operators of the ATMs

Be sensible about using Citibank ATMs and ATM network machines.Remember to use the same caution and common sense you would usein any 24-hour facility.Please address any complaints concerning security at Citibank ATMs toCitiPhone Banking (see the back cover for telephone numbers).For emergency assistance at any Citibank ATM, please call 911 at thenearest public telephone.

Point-of-Sale TransactionsYou can use your Citibank Banking Card/Debit Card to purchase goodsand services at selected retail locations.You can pay for your purchases fromyour primary checking account with your Citibank Banking Card/DebitCard at merchants who are participating in and display the CIRRUS®,STAR®, MAESTRO®, and ATH network symbols.Called “point-of-sale” or “POS” transactions, these purchases involve PIN-based immediate electronic withdrawals from your primary checking account.Your daily POS purchase limit is $4,000 per business day ($7,000 forCitibank Everything CountsSM account) and is in addition to your dailycash withdrawal limit (for example: you may withdraw $1,000 in cashfrom an ATM and make $4,000 in purchases from your primary checkingaccount in one business day).These transactions will appear in detail onyour checking statement.We reserve the right to set a lower dollar limitfor POS purchases occurring during an interruption in the electronic connection between the retail outlet and Citibank.There is no Citibankfee charged for POS transactions. See page 11 for a definition of businessday as it pertains to POS transactions.If your card displays the MasterCard logo on the front, your daily limit forPOS MasterCard transactions from your primary checking account thatare not PIN-based is $2500 per account per business day for blue cardsand $5000 per account per business day for ECA gold cards.The dailypurchase limit for POS transactions, authorized by supplying your PIN is$1,000 per business day ($2,000 for ECA gold cards).These amounts arein addition to the daily ATM withdrawal limit.

Transactions Made in Foreign CurrencyMasterCard Point of Sale transactions. If your Citibank BankingCard/Debit Card displays the MasterCard logo on the front and a POStransaction is completed in a foreign currency utilizing the card, MasterCardInternational Incorporated will convert the transaction into a U.S. dollaramount using its most recently published conversion procedures in effectat the time the transaction is processed. Currently, the currency conversionrate used to determine the transaction in U.S. dollars is either (1) a wholesalemarket rate or (2) a government-mandated rate in effect one day prior tothe processing date, increased one percent in each case. MasterCard retainsone percent as compensation for performing the currency conversion service.The currency conversion rate in effect on the processing date may differfrom the rate in effect on the transaction date or the posting date.ATM Withdrawals and Other Transactions. For foreign currencyATM withdrawals and other transactions in a foreign currency that you

_______________ 1 Citibank Ready Credit and Home Equity Line of Credit Accounts.2 Citibank MasterCard and Visa credit cards are issued by Citibank (South Dakota), N.A._______________

13

Checking Savings Money Market Accts Credit1 Credit Cards2 TO:

• • • • • Checking

• • • Checking Plus

• • • • • Savings

• • • • • Money Market Accts

• • • Credit1

• • • Credit Cards2

FROM:

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Transfers.Your Citibank Banking Card/Debit Card enables you to transferfunds between certain linked accounts at Citibank ATMs, certain ATMnetwork machines, by telephone with our CitiPhone Banking service andthrough Citibank® Online. Check the “Transfers” chart below for details.

Transfers at Citibank ATMs or through CitiPhone Banking and Citibank Online

Loan Payments. Loan payments can be made in two ways at Citibank ATMlocations.You can make an envelope payment to any Citibank credit accountor you can transfer the payment between linked accounts as indicated in thechart above.Payments to Citibank MasterCard and Visa are posted within three to fivebusiness days.Paying Bills or Sending Money. You can use your Citibank BankingCard/Debit Card to pay bills or send money by telephone, or throughCitibank® Online. For more detailed information on paying bills, see the“Bill Payment Service” section on page 14 of this agreement.Account Information. With your Citibank Banking Card/Debit Card,you can get account information conveniently and immediately on manyof your linked accounts. Up-to-date account information is available atCitibank® Online, Citibank ATM locations, ATM network machines and bycalling CitiPhone Banking.Transaction Records. You can get a record detailing the transactionsyou perform at Citibank ATMs and ATM network machines. For depositsand payments made at Citibank ATMs, the record is not a formal receiptfor a deposit or envelope payment; your deposits and payments areaccepted subject to bank verification.Security Tips. Citibank has taken extensive measures to protect yourmoney from unauthorized access.These security measures include:• A daily limit on withdrawals• Not printing your account number on your Citibank Banking Card/

Debit Card• Keeping your PIN secret even from Citibank employees• Each Citibank ATM is equipped with surveillance cameras that record

activity in the CenterWe also expect you to help prevent unauthorized access to youraccounts by remembering to follow these common sense rules:• Keep your Citibank Banking Card/Debit Card to yourself. Never use it to

assist others; you might be allowing them to take money from your account• Treat your Citibank Banking Card/Debit Card like cash. Don’t leave it

where others can find it. Do not give it to anyone to hold as “security”for any reason or under any circumstance

• Keep your PIN (including your CitiPhone Banking Access Code) secret.Do not tell it to anyone. Do not write it on your Citibank Banking Card/Debit Card or keep it in your wallet or purse

• Review your account statements regularly and notify us promptly of anydiscrepancies

Incorporated 100 Citibank Dr., San Antonio TX 78245-9989. Or callCitiPhone Banking.You should also call if you want to confirm that a pre-authorized bill pay-ment was made in accordance with your instructions, or if you believe anunauthorized bill payment has been or might be made.If an unauthorized person has obtained access to your CitiPhone BankingAccess Code, notify Citibank immediately.Your rights and obligations inthe case of unauthorized bill payments or unauthorized use of yourCitiPhone Banking Access Code are the same as for lost or stolenCitibank Banking Card/Debit Cards.These are described below.• There is no monthly charge or transaction fee for paying your bills using

Citibank® Online • There is a fee of $4.95 imposed for each statement cycle during which

you pay bill(s) by speaking with a Citibank representative. Please see theMarketplace Addendum for more details.

Citibank® OnlineIf you are a Citibank banking client with an activated Citibank Banking Card/Debit Card, you can access your bank account(s) through the internet usingCitibank® Online. All you need is access to the internet with a browser thatsupports 128-bit encryption, your Citibank Banking Card/Debit Card numberand ATM PIN and you can enjoy the convenience and benefits of this service.Citibank Online allows you to access your bank accounts from anywherethere is access to the internet.The following is a sample of the servicesand features of Citibank Online:• Check your account balances and recent transaction activity•Transfer funds between checking, savings and Money Market Accounts• Set up your personal payee list and pay bills• Apply for additional accounts• Request stop payments on checks• Set up and edit wireless banking alerts•View bank statements• Get information about Citibank products and servicesBefore using Citibank Online for the first time, you will be asked to reviewand agree to the Citibank Online User Agreement.This agreement containsspecial terms and conditions about services provided to clients who accesstheir account(s) through Citibank Online.

Citibank® Global Transfer ServiceThe Citibank Global Transfer Service is an optional service that allows youto make real-time funds transfers to the account of another Citibank clientin the U.S. or in selected markets outside the U.S.The funds will be debitedfrom your account and credited to the recipient’s account immediately.You can access this new service via Citibank ATMS1 or via Citibank Online.There is a $5 fee per transfer for all domestic transfers and transfers sentto Mexico and Puerto Rico except for Account to Cash transfers, whichcan only be sent to Mexico, for a fee of $8.00 per transfer.Transfers sent tothe Philippines are $8.00 per transfer.Transfers sent to other internationaldestinations have a $10 fee per transfer.Citibank clients can use the optional Account to Cash feature of theGlobal Transfer Service to send money to Mexico for cash pick-up at anyBanamex Branch in Mexico. At a Citibank ATM, when prompted, thesender must enter the complete name and address of the recipient inMexico. At the end of the session, the sender will be provided with a“pick-up” number to provide to the intended recipient.With “Pick-up”number and accepted form of photo ID, the recipient can pick up thefunds – easily and conveniently.

Mexico (Banamex Cash Pick-up) .........................................................................US$8.00

There is no fee for receiving a Citibank Global transfer into your account.Any Citibank checking account or any Citibank savings, Market Rate, orMoney Market account2 can be used to fund a Citibank Global Transfer

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perform utilizing the Citibank Banking Card/Debit Card, Citibank will convertthe transaction into a U.S. dollar amount using Citibank's procedures in effectat the time the transaction is processed. Currently, the currency conversionrate used to determine the transaction amount in U.S. dollars is based oneither (1) a wholesale market rate or (2) a government-mandated rate ineffect one day prior to the processing date.The actual currency conversionrate that Citibank uses includes an amount, which Citibank retains as compensation for performing the currency conversion service.The currencyconversion rate in effect on the processing date may differ from the ratein effect on the transaction date or the posting date.

CitiPhone Banking®

Transferring Funds. With our CitiPhone Banking service, you can getaccount information and make transfers-including payments-betweenaccounts that are linked to your Citibank Banking Card/Debit Card.Touse this service, you will need your Citibank Banking Card/Debit CardIdentification Number (the number embossed on your Citibank BankingCard/Debit Card) together with your CitiPhone Banking Access Code,which is sent to you when your account is opened.Under certain circumstances, CitiPhone Banking will not permit you tomake transfers: if the accounts are not linked; if you provide an incorrectCitiPhone Banking Access Code; if you have attempted to transfer anamount greater than the available balance in the paying account; or if thetransfer would exceed the number allowed for such transactions. See“Limits on Transfers” on page 22.Other Services. Among other services, CitiPhone Banking enables you to:• Report errors or ask questions about transactions• Obtain current interest rates and annual percentage yields• Report a stolen or missing Citibank Banking Card/Debit Card• Order checks• Request a stop payment• Notify Citibank of your change of address

Direct DepositsIf you have arranged to have direct deposits made to your account, suchas a paycheck or social security check, you can always call us to be sure itwas made. Just call customer service at the telephone number on theback cover of this agreement.

Bill Payment ServiceThere are two ways to use Citibank's bill payment service: (1) by callingCitiPhone Banking; and (2) through the internet using Citibank® Online.When you pay your bills through our bill payment service, your paymentis transferred electronically or mailed within 24 hours of the scheduledpayment date, or on the following business day. And, of course, all thenecessary information, such as your account or invoice number, is includedwith your payment, whether it's made electronically or by check.You canschedule a bill payment on one day's notice or up to one year inadvance.You can also schedule a series of recurring payments.If you want to cancel a scheduled bill payment, you must do so by 11:59 PMAtlantic Time prior to the scheduled payment date during the DaylightSavings Time period in the U.S. or by 12:59 AM Atlantic Time on thescheduled payment date during the Standard Time period in the U.S.Youcan do this by calling CitiPhone Banking, through Citibank® Online or inwriting to us at Online Services, Citicorp Data Systems, 100 Citibank Drive,San Antonio,TX 78245-9989. If you cancel one of a series of recurringpayments, all subsequent payments of the series will be canceled.If a bill payment is made by check, a stop payment order can be acceptedunder certain circumstances. Stop payment orders cannot be acceptedfor bill payments made electronically.Your periodic Citibank Account statement will include all bill paymenttransactions made through our Bill Payment Service. If you suspect anyerror in these statements, or if you have questions or need help, youshould write to us at Online Services, Citicorp Data Systems,

held responsible for all unauthorized transfers and withdrawals that occurredbetween the end of the 60-day period and the time you actually notified us,and if the transaction could have been prevented if we had been notified.(d) We'll extend the time periods if you were prevented from contacting usfor a good reason (such as a long trip or hospital stay). If you call to notifyus of a suspected error, we may request that you send us your complaintor question in writing. If we do, we must receive that information within10 business days of your call.(e) If your Citibank Banking Card/Debit Card bears the MasterCard logoand is used in conjunction with an unauthorized transaction that does notrequire entry of the Personal Identification Number (PIN) assigned to yourcard, except as provided in paragraphs ( c) and (d) immediately above yourliability for such unauthorized use will not exceed (i) $0 if (1) you report the loss or theft of your card within 24 hours of

discovery of such loss or theft ; and (2) you exercised reasonable carein safeguarding your card from the risk of loss and theft; and (3) youhave not reported two or more incidents of unauthorized use to thebank in the immediately preceding 12 month period and (4) the accountto which transactions initiated with your card were posted is in goodcondition; or

(ii) The lesser of $50 or the amount of money, property, labor or servicesobtained by the unauthorized user before notification to the bank ifall conditions of paragraph (e)(i), directly above have not been met.

Errors and Problem Resolution ProceduresIf you think there has been an error in an electronic transaction, includingthe wrong amount of cash dispensed at a Citibank ATM or ATM networkmachine, an automatic deposit or a transfer that has not been creditedproperly, an incorrect Citibank ATM record or improper POS purchasereceipt, contact us as soon as possible.There is a 24-hour telephone at eachCitibank ATM, or you can call CitiPhone Banking (see the back cover forphone numbers). NOTE: If the error concerns an ATM network transaction,be sure to contact Citibank–not the financial institution that operates the machine.To assist you, our CitiPhone Banking Center representative will need to know:• Your name and account number• The dollar amount of the suspected error• The type, time and date of the transaction• Why you believe there was an error• Name of network (if applicable) and location of the machineWe will investigate and resolve each problem as quickly as possible. Assoon as you contact us, we will start our investigation. If you tell us orally,we may require that you send us your complaint or question in writingwithin 10 business days.

Telling You the Results of Our InvestigationWe will tell you the results of our investigation within 10 business daysafter we hear from you, and we will correct any error promptly. If weneed more time, however, we may take up to 45 days to investigate yourcomplaint or question. If we decide to do this, we will re-credit youraccount within 10 business days for the amount you think is in error, sothat you will have use of the money during the time it takes us to completeour investigation. However, if we asked you to put your complaint orquestion in writing, and we did not receive your letter within 10 businessdays, we will not re-credit your account. If you advise us of an error inconnection with an electronic transaction initiated outside of the UnitedStates, its Territories and Possessions, and Puerto Rico, or a POS purchase,we will tell you the results of our investigation within 10 business days. Ifwe need more time, we may take up to 90 days to investigate the matter.If we decide to do this, we will re-credit your account within 10 businessdays for the amount you think is in error.

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or to receive one.The minimum transaction limit is $1, exclusive of thetransaction fee.The transfer limits of Account to Cash transactions areUS$1,000 per day, and US$2,500 per calendar week. Account to Accounttransfers are limited to US$3,000 per day, and US$10,000 per calendarweek. Both Account to Cash and Account to Account combine into totaltransfer limits from a single account.We may change these limits and maychange the permitted destinations for Citibank Global Transfers from timeto time based on security issues and other factors. Approved destinationcountries will be available through participating Citibank ATMs andCitibank Online.Another feature of the Citibank Global Transfer is the ability to sendfunds in either U.S. dollars or in the currency of the destination country.For international transactions involving a currency conversion, Citibank’sexchange rate includes a commission for conversion service which will beincluded in the periodic statements.1 This service may not be available at all Citibank ATM locations.2 Citibank ATM and Citibank Online transfers from a Savings, Basic Savings,

Market Rate, or money market account are included in the six limited transfersper statement period as described elsewhere in this manual.The six limitedtransfers do not apply for savings accounts in Puerto Rico.

Lost or Stolen Citibank® Banking Card/DebitCards and Unauthorized Electronic Transactions Please remember that your Citibank Banking Card/Debit Card is valuable,and it is important for you to exercise care with it. Never lend yourCitibank Banking Card/Debit Card to anyone, and never accept advicefrom strangers while you are using it. Be sure to keep your PIN andCitiPhone Banking Access Code to yourself; they are an important meansof protection for you.Contact us immediately if you think your Citibank Banking Card/Debit Cardhas been lost or stolen.The telephone is the fastest way to alert us thatsomeone may be using your Citibank Banking Card/Debit Card withoutyour permission.You could lose all the money in your account (plus yourmaximum overdraft line of credit). Call the CitiPhone Banking numberlocated on the back cover of this agreement. Someone will be available toreceive your call 24 hours a day.If you cannot telephone, write us at the following address: Citicorp DataSystems Incorporated, P.O. Box 769004, San Antonio,TX 78245-9989.

Notifying Us Quickly Limits Your Responsibility(a) If you notify us within two business days after discovering your CitibankBanking Card/Debit Card is lost or stolen or after discovering that someonehas obtained access to your PIN, you will not be held responsible for anyunauthorized transfers or withdrawals over $50, providing that you are nottrying to defraud us.We consider Saturday, Sunday and Monday as onebusiness day and federal or state holidays as part of the business day,which follows the holiday.(b) If you do not contact us within two business days, and we can provethat we could have stopped someone from using your Citibank BankingCard/Debit Card without your permission if you had told us, we can holdyou responsible for any unauthorized transfer or withdrawal if it occurredbetween the end of the two-business-day notice period and the time youactually notified us. In any event, your maximum liability for such unautho-rized transfers or withdrawals during this period is $500.(c) Also, if you think that a transfer or withdrawal shown on your periodicstatement is incorrect, or if you believe an unauthorized transfer or withdrawal has taken place, contact us as soon as you can.We must benotified within 60 days from the postal date of the first statement wemailed to you on which the suspected problem appeared. By contactingus, you will not be liable for unauthorized transfers or withdrawals thatoccurred during the 60-day period, except for transfers and withdrawalsresulting from a lost or stolen Citibank Banking Card/Debit Card as indicatedabove. If you don't contact us within this 60-day time period, you could be

16

19

If you have opened the account on which you are alleging an error withinthe last 30 days, then we will tell you the results of our investigation within20 business days. If we need more time, we may take up to 90 days toinvestigate your complaint or question. If we decide to do this we willcredit your account within 20 business days.We will send you a written explanation within three business days afterwe finish our investigation.You may ask for copies of the documents thatwe used in our investigation.

Our Responsibility to YouIf we do not complete a transfer to or from your account on time or inthe correct amount according to our agreement with you, we will beliable for your losses or damages. However, there are some exceptions.We will not be liable, for instance:(1) If, through no fault of ours, you did not have enough money in your

account to make the transfer.(2) If the transfer would have caused you to exceed your available credit.(3) If the automated teller machine where you are making the transfer

did not have enough cash.(4) If you knew the Citibank ATM, network cash machine or POS outlet

terminal was out of order and you used it anyway.(5) If circumstances beyond our control, or natural disasters such as fire

or flood, prevented the transfer, despite reasonable precautions takenby us.

(6) There are other exceptions stated in our agreement with you, such as:a.) if we fail to stop payment on an automatic recurring transfer as

you requested, but we did not receive your stop payment instructions at least three business days before the transfer wasscheduled to be made, or

b.) through no fault of ours, the money in your account was attached,subject to legal process or was blocked in some other way, or

c.) if you are trying to defraud us.

Confidentiality at CitibankYou have a right to confidentiality, and we will not give anyone other than our employees, agents, affiliates and subsidiaries of Citigroup specificinformation about your Citibank accounts, except:• When you give us your permission to give out the information• When you have given Citibank as a credit reference• When an inquiry is made regarding a check you have written• If we close your account because it has been maintained in an

unsatisfactory manner• When we are required or permitted by law. For example, we are

required to report to the Internal Revenue Service (IRS) when webecome aware of currency transactions totaling more than $10,000 in one day

• When we must give out the information to comply with legal processBecause our statements may include information about linked accountsbelonging to more than one individual and your accounts with our affiliates,statements released under a subpoena may contain information regardingyour relationship with these individuals and affiliates.For additional information about our privacy practices, see “Our PrivacyNotice,” contained in this manual.

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Account Transactions

What This Section Covers. This section governs the followingaccounts at Citibank: Checking, Basic Checking, Day-to-Day Savings, BasicSavings, Passbook Savings, Money Market and Citibank Market Rate Account.Checkbook; Checks. When you open your checking account, you canorder personalized checks through us.When we place an order for yourchecks, we act as sales and billing agent for the check supplier, and we arecompensated for our services.You can choose from a wide variety ofstyles and colors.The cost varies depending on the style and quantity youselect and includes postage and handling.We will automatically deductthe amount from your account balance after your order is processed.Youare responsible for checking the accuracy of all information shown onyour checks. If you find an error, please notify us immediately.If you prefer, you may choose to use an independent supplier for yourprinted checks. However, we may refuse to accept or process checks provided through an independent supplier unless we have approved thosechecks in advance. In addition, we may ignore any legal copy appearing onthose checks (such as “Void after 60 days”).You are responsible for ensuringthat magnetic ink character recognition (MICR) is properly encoded onthose checks.We reserve the right to return unpaid any check that is notproperly MICR-encoded and you agree that we will not be liable for anylosses resulting from nonpayment of any such check.We also reserve the right to assess a fee to cover the costs associated with the manualprocessing of checks that have not been properly MICR-encoded.

DepositsLocation. You can make deposits:• By mail• At any Citibank ATM in Puerto Rico or in the U.S., 24 hours a day, 7 days

a week, by using a deposit envelope and your Citibank Banking Card/DebitCard. Envelopes are available at all Citibank ATM locations

• During regular banking hours, by going to a Financial Associate at anyCitibank Financial Center in Puerto Rico or in the United States or byusing our Quick Drop Boxes at selected Financial Center locations

When Deposits Are Credited to an Account. Deposits receivedbefore the end of a business day will be credited to your account thatday. However, there may be a delay before these funds are available foryour use. See the Funds Availability at Citibank section of the MarketplaceAddendum and “Special Availability Services” section on page 29 in this manual for more information.When Interest Begins To Accrue: Interest Checking, Day-to-DaySavings, Passbook Savings, Basic Savings, and Market RateAccounts. Money deposited to these accounts at a Citibank ATM beforethe end of any business day (or earlier posted time) begins to earn intereston the day you make the deposit; funds deposited at a Citibank ATM afterthe end of a business day (or earlier posted time) or on a non-businessday earn interest from the next business day. All other deposits to theseaccounts received by the close of business on a business day will begin toearn interest the same day; deposits received after the close of businesson a business day will begin to earn interest on the following businessday. Please see the Marketplace Addendum for definition of “Business Day”.When Interest Begins to Accrue: Money Market Accounts.Interest will be paid on check deposits to this account beginning on thedate Citibank receives credit for the funds.This date will be no later thanthe second business day after the business day the check deposit isreceived. Interest will be paid on cash deposits to this account beginningon the business day the cash deposit is received.

Rates for Interest Checking, Money Market Accounts. We use the average dailybalance method to calculate the interest on these accounts. This methodapplies a periodic rate to the average daily balance for the applicable monthlyperiod.The average daily balance is calculated by adding the principal inthe account for each day of the applicable monthly period and dividingthat figure by the number of days in the period. For Interest Checking, therate used to calculate interest for the period is the average of the dailyperiodic rates in effect during the period. For Money Market Accounts,except those linked to an EZ Checking account, the interest rate that isapplied is the average of the daily rates for your balance range for eachcalendar month prior to the end of each applicable monthly period. ForMoney Market Accounts linked to an EZ Checking account, the interestrate you earn will be paid at the lowest tiered rate established for theaccount regardless of the balance in your Money Market Accounts.Rates for Day-to-Day Savings, Basic Savings and Passbook Savings Accounts.We use the daily balance method to calculate the interest on theseaccounts.This method applies a daily periodic rate to the principal in theaccount each day.Interest on Closed AccountsPassbook Savings Accounts. No interest is paid on the account for the cal-endar month in which the account is closed.Interest Checking, Basic Savings, Day-to-Day Savings Accounts. No interest ispaid on the account for the monthly period in which the account is closed.Money Market Accounts. If the account is closed before the end of themonthly period, interest will be paid for the number of days the accountwas open during the period in accordance with the following terms:• If the account was open for more than a full monthly period, interest will

be paid at the rate paid on the account for the prior monthly period• If the account was not open for a full monthly period, interest will be

paid at the rate in effect on the day the account was opened for thelowest tiered balance range

Transfers (Other than Recurring Bill Payments)Automatic Transfers.You can arrange for us to make automatic transfersbetween accounts through Citibank® Online or by calling CitiPhoneBanking at the number located on the back cover of this agreement.Theminimum amount for each transfer is $10, and transfers can be arrangedon a weekly, every-other-week or monthly basis.All checking, savings, Money Market Accounts permit automatic transferwithdrawals and accept automatic transfer deposits. Examples of these aremonthly interest transfers from your savings to your checking or monthlytransfers to fund your IRA.You can also pay some Citibank personalloans, real estate loans, as well as Checking Plus® overdraft protectionwith automatic monthly transfer payments from your checking, savings,Money Market Accounts.You authorize these transfers in advance and they do not require a CitibankBanking Card/Debit Card or any further action on your part. If you'vearranged for this type of transfer, you can use Citibank® Online, visit anyCitibank ATM location or call CitiPhone Banking to confirm that it was made.If we are making a pre-authorized payment to a person or company for youand the amount of that payment will vary, it is the responsibility of that personor company to notify you of that fact. If the amount of the payment is greaterthan it normally would be, the payee is required to notify you in writing atleast 10 days prior to the specified payment date.You may choose instead to get this notice only when the payment would differby more than a certain amount or percentage from the previous payment, orwhen the amount or percentage would fall outside certain limits that are set.

2120

Endorsements.To ensure that your check is processed without delay, youmust endorse your check correctly.The area reserved for your signature ison the back of the check, within 1-1/2 inches from the “top” edge (as shownin the picture below).Turn the check over and sign your name and writeyour account number. Do not make any additional marks or notations onthe back of the check.The portion of the check not reserved for yourendorsement must remain blank for processing purposes.We will not beresponsible for any loss you incur if your check is improperly endorsed.Youwill be liable for unpaid checks returned late because your endorsement, aprior endorsement, or information you have printed on the back of thecheck obscures other endorsements.

Our Right To Refuse Deposits. We may, at our discretion, refuse toaccept funds for deposit to your account for any reason, including but notlimited to:• Checks with multiple payees or endorsements, if we are unable to verify

all signatures• Checks which we have reason to doubt are collectible• Double endorsed government checksWe will, to the extent practicable, try to facilitate your transaction by thebest means available, including sending the item for collection or forwardingthe item to the appropriate processing area.Your account will not be crediteduntil collection or processing is completed.Direct Deposit. Payroll. Arrangements can be made to have your paycheck deposited directlyto your checking, savings or money market accounts. Find out if youremployer uses a Direct Deposit payroll service.Social Security.You can have your Social Security checks or any other federalpayment deposited directly to your checking, savings or money marketaccounts.Arrangements for direct deposits can be made at any financial center or through Citibank® Online.Returned Deposit. If you deposit a check that is returned to us unpaid,we will deduct the amount of the returned check from your account bal-ance and return the check to you.When checks in an amount under $500that you deposit to your account are returned for insufficient or uncollectedfunds, we may represent those checks for payment a second time withoutnotifying you that the check was returned.You agree that Citibank is notresponsible for any loss or damage you may incur as a result of us notnotifying you when such check was first returned.Rate Information. Rates for interest checking, savings and Money MarketAccounts are determined by Citibank at its discretion and can change atany time. For current interest rates and annual percentage yields, visityour financial center and ask for a copy of the Consumer Rate Sheet, orcall CitiPhone Banking® at the toll-free number located on the back coverof this manual or access this information on Citibank® Online.Interest Calculation.CDs and Market Rate Accounts. Please refer to your MarketplaceAddendum for information concerning interest calculation for theseaccounts.All Other Accounts. Interest is compounded daily and credited to youraccount monthly. When interest begins to accrue, it is computed on a365-day basis for the actual number of days your money is on deposit.Interest may be computed using a 366-day basis for leap years.

If your account is not linked to a Citibank checking account:• The account that exceeded the transfer limits will be closed; and• The balance in your closed account will be paid to you by check.Funds Transfers.The following terms apply to domestic or internationaltransfers of funds, other than transfers performed using the Citibank GlobalTransfer Service online, initiated at or through a Citibank Financial Center,including wire or cable transfers. In addition to the information providedhere, please refer to any funds transfer agreement you may receive whenyou initiate such a request.When you place an order to transfer money, you authorize us to debit youraccount for the amount of the order, and you authorize us to chargeyour account a service fee in accordance with our fee schedule in effectat the time of your order.In placing the order, you must select a financial institution (“beneficiary bank”)to receive it.You may instruct the beneficiary bank to credit an account orhold the funds for the beneficiary.The beneficiary bank is responsible forfollowing your instructions and letting the beneficiary know when the fundsbecome available. If you specify an account number to credit, you areacknowledging three things:• You know that the beneficiary bank may credit an account based on that

account number• The beneficiary bank is not obligated to verify that the account

number belongs to the intended beneficiary of the transfer• Any losses resulting from an incorrect account number or other misidenti-

fication of the beneficiary are your responsibility and not Citibank’sInternational Transfers. For funds transferred to beneficiaries and beneficiarybanks in other countries, we will normally convert the funds to the currencyof the destination country, at the current Citibank currency conversion rate.If you want the funds sent in U.S. dollars, we cannot guarantee that the beneficiary will receive the funds in U.S. currency.The local bank may charge a fee for currency conversion.The actual amountthat the beneficiary receives may be reduced by charges imposed by thebeneficiary bank, including charges for exchange of currency.An international transfer of funds into your account may be reduced by feesimposed by the sending bank or by any correspondent bank, including Citibank.In addition, in the case of transfers into your account which are sent in foreigncurrencies, we will convert the funds into U.S. dollars at the current Citibank,N.A. conversion rate. Citibank’s conversion rate for both outgoing and incomingforeign fund transfers includes a commission for the conversion service.Security Procedures. When you place an order for a funds transfer, we willfollow a security procedure established for your protection and ours to verifythat the transfer has been properly authorized.You understand that thesecurity procedure is designed only to verify the source of the funds transferinstruction and not to detect errors in the content of that instruction.Theprocedure depends on the means by which you provide instructions to us.The procedure may entail a telephone call back when your funds transferorder exceeds a predetermined dollar threshold. By placing a transfer order,you agree to our use of the applicable security procedure.You agree to bebound by the resulting transfer, whether or not authorized by you, providedwe have accepted the transfer order in accordance with our establishedsecurity procedure.Claims. You have the responsibility to let us know of any error, delay orother problem with your funds transfer within 30 days from the date youreceive notification that we have transferred the funds. In the event of anerror or delay with respect to your funds transfer caused by Citibank, oursole obligation to you is to pay or refund such amounts as may be requiredunder applicable law. In no event will we be liable for any consequentialor incidental damages in connection with your funds transfer. Any claimfor interest payable by Citibank shall be at Citibank’s savings account rate.If you fail to notify us of any claim concerning your funds transfer within oneyear from the date that you received notification that your funds transfer orderhas been executed, any claim by you will be barred under applicable law.

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Canceling an Automatic Transfer.You can cancel an automatic with-drawal or payment from your account by calling or writing to us.To cancel anautomatic transaction, we must receive your instructions at least three businessdays before the transfer is scheduled to be made.Write or call us at CitiPhoneBanking (see the back cover and your periodic statement for telephone numbersand address). If you request a cancellation by phone, we may ask you to confirmyour instructions in writing within two weeks. If you order us to cancel a scheduledtransfer and we do not do so, we will be liable for your losses or damages.Limits on TransfersLimits on Transfers from Money Market Accounts.* You are limited to six transfers per statement period, of which no more than threemay be by check or point-of-sale transaction (POS), for the followingtypes of transfers: checks you write, automatic transfers (including SafetyCheck transfers); recurring payments you set up in advance; paymentsand transfers you authorize using a telephone or Citibank Online.If these limits are exceeded three times in a twelve-month period, youraccount will be subject to the following terms and conditions:If your account is linked to a Citibank checking account:• Your Money Market Account will be closed; and• All funds in the closed account will be transferred into your existing

linked Citibank checking accountIf your account is not linked to a Citibank checking account:• Your Money Market will be closed; and• All funds in the closed account will be transferred into a new Interest

Checking Account in the Citibank Account checking package, which willbe opened with the same account number as your Money MarketAccount. All accounts that were linked to the closed account will belinked to the new Interest Checking Account.

There is no limit on the number of transfers between your linked accountsmaintained at the same Citibank legal entity that you can make in person ata Financial Center, by mail, at a Citibank ATM location, or at a networkcash machine.* For Money Markets that do not have checks, the reference to the numberof checks transactions does not apply toward the total number of transactionsfor the Transfer Limit.Limits on Transfers from Passbook Savings, Day-To-Day Savings,Basic Savings and Market Rate Accounts (U.S. Residents only).If you are a U.S. resident and your Savings Account has a balance of$100,000 or less at the end of the business day, federal regulations limitthe number of transfers from your Savings Account to six per statementperiod. If you have reached your limits, we may refuse to process a transferthat you are requesting using a telephone. If these limits are exceeded threetimes in a twelve-month period, your Savings Account will be subject tothe following terms and conditions:Day-to-Day Savings:If your account is linked to a Citibank checking account:• The account that exceeded the transfer limits will be closed; and• All funds in the closed account will be transferred into your existing

linked Citibank checking account.If your account is not linked to a Citibank checking account:• The account that exceeded the transfer limits will be closed; and• All funds in the closed account will be transferred into a new Interest

Checking Account in the Citibank Account checking package, which willbe opened with the same account number as your Savings Account. Allaccounts that were linked to the closed account will be linked to thenew Interest Checking Account; you will receive free starter checks.

Basic Savings, Passbook Savings Account or Market Rate Account:If your account is linked to a Citibank checking account:• The account that exceeded the transfer limits will be closed; and• All funds in the closed account will be transferred into your existing

linked Citibank checking account

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and will not be affected by any subsequent deposits to your account. Checksdrawn on your account that are presented to Citibank on a bank holiday whenthe Federal Reserve Bank is open will be processed against your account.NOTE:As checks you have written are presented to us for payment duringthe course of a business day, we will place a hold on available funds in youraccount for the amount of those checks resulting in a reduction in youravailable account balance throughout that day.The held funds are appliedagainst processing of those checks later that day.Post-Dated Checks.You agree not to write post-dated checks. If you do,we may or may not pay the check on the day it is presented. According tolaw, if you write a postdated check on your account and intend that thecheck will not be paid by us until the date written on the check, you mustnotify Citibank at the time you write the check. In order for your noticeto be effective, you should call the CitiPhone Banking® and give us thenumber, payee and date of the check.You may also send written notice ofyour postdated check request to us at the address printed on your periodicstatement. An oral or written request to register a postdated check isgood for six (6) months and may be renewed for additional six (6)month periods by giving written notice to us within the period duringwhich the original notice is in effect. A postdated check will be registeredonly if the notice is received at such time and in such manner as to affordus a reasonable opportunity to act on it before we take action withrespect to the check.We will pay any postdated check that has not beenproperly registered with us or not registered in a timely manner.Checks with Stale Dates: We have the right to pay a check eventhough the date on it is more than 6 months old.To make sure a checkwill not be paid, you should place a Stop Payment Order on it.Stop Payment Orders: Any signer on the account can instruct us tostop payment on a check that has not been paid.You can issue a stop payment order by using Citibank Online or callingCitiPhone Banking®. Payment cannot be stopped on a check that has alreadybeen paid or that is in the process of being paid. At the time that you placea stop payment order, we may not be able to tell you whether the check hasbeen paid or is in the process of being paid.We will confirm receipt of yourorder in writing, and you should advise us immediately of any changes orcorrections.A stop payment order will stay in effect for 6 months, unless youinstruct us to cancel it or to renew it, provided we have not already returnedthe check.The order may be renewed for additional six-month periods.You’ll need to provide your account number, the check number andamount, and the date the check was written. If this information is notexactly correct, the stop payment may not be effective.We may pay the check when the stop payment order expires. Under certaincircumstances, the law may allow the party in possession of the check toenforce payment, despite the stop payment order.If you write a new check to replace one on which you have placed a stoppayment order, be sure it has a different check number and date. It is alsohelpful if you write the word “replacement” on it so it is not mistaken forthe original check.You cannot place a stop payment order on official checks or internationalcheques, except when such checks have been lost, stolen, or destroyed. Ifsuch a check is lost, stolen, or destroyed within 90 days of the date thecheck was issued, you and/or the payee must sign a “Stop Payment Requestand Indemnity” form.You may also be required to purchase a surety bondfor twice the amount of the instrument. If you report the check lost, stolenor destroyed after 90 days of its issuance, the bank will require you tosign a “Stop Payment Request and Indemnity” form.Overdrawing Your Account. In the event the available balance in youraccount is insufficient to cover your day's transactions, we generally will utilizethe following payment hierarchy:We pay all electronic debits (ATM withdrawals, ACH debits, online bill payments, and point-of-sale transactions) first. If available funds remain afterprocessing these transactions, we pay your checks in the order of smallestto largest dollar amount.

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Delays or Non-Execution of Transfers. We will usually use electronic means totransfer money for you.We may, however, use any banking channel or otherfacility.We will not be liable for any delay or failure to send your funds transferdue to circumstances beyond our control.We will not be liable to you for anydelay or failure to execute your funds transfer due to the acts or omissions ofany intermediary or beneficiary bank.Canceling or Changing a Transfer. If you decide to cancel or change your fundstransfer order, you may do so only if we receive your instructions before wehave sent the funds transfer and provided we have a reasonable time to acton your instructions. In general, after we have sent your funds transfer, youwill not be able to cancel or change it unless the beneficiary bank consentsto such a request. Citibank and/or the beneficiary bank may impose a chargefor canceling or changing a funds transfer and for any required currency conversion. Citibank will not be liable to you for any losses resulting fromthe failure of the beneficiary bank to cancel or change your funds transfer.Rejecting a Transfer Request. We reserve the right to reject your order for afunds transfer.We may reject the order if you have insufficient funds in youraccount.We may reject the order if your order is unclear or incomplete or if for any other reason the order is unsatisfactory to us. See “WithdrawalRefusals” on page 26 for other reasons we may reject a funds transfer request.Cut-Off Time for Executing Your Transfer Request. If your order for a fundstransfer is received by us at or after our established cut-off hour for processingwires (check your local Financial Center for cut-off hours), your order maynot be processed until the next business day.Incoming Funds Transfers. Notice of incoming fund transfers to you will bedeemed to have occurred when you receive your periodic bank statementcontaining a credit to your account for the funds received. Also, you can callCitiPhone Banking to determine if a transfer has been credited to your account.ACH Provisional Credits. Credit for an ACH transfer is provisional untilthe receiving financial institution obtains final settlement. If final settlementdoesn’t occur, the originator of the transfer is not deemed to have madepayment to the beneficiary, and the beneficiary’s bank is entitled to a refundof the provisional credit.If we give you provisional credit for an ACH transfer, but do not receive finalpayment, you become obligated to us for the full amount without priornotice or demand.

WithdrawalsWhere To Make a Withdrawal.At a Financial Center.You can withdraw up to your available balance by cashinga check or making a withdrawal.You may be requested to present identification.At a Citibank ATM. You can use your Citibank Banking Card/Debit Card towithdraw cash from any of your accounts.There is a $1,000 ($2,000 forCitibank Everything CountsSM accounts) daily limit per non-credit cardaccount for Citibank ATM withdrawals.At an ATM Network Machine. With your Citibank Banking Card/Debit Card,you can also get cash at participating network ATMs.There may be atransaction fee for non-Citibank ATM network machine withdrawals. Inaddition, the financial institution which owns the machine may charge youa fee for the withdrawal.Writing a Check. You can write a check for any amount up to the availablebalance in your checking account or Money Market Account by using oneof the personalized checks you receive from us. Checks must be writtenin U.S. dollars.We process most checks by automated means based oninformation encoded on the checks.As such, we may not physically examineall checks to determine if they are properly signed or completed.Youagree that we may rely on such a process and that it will be deemed anacceptable standard of care on our part.Paying Your Checks.The decision to pay your check or return it unpaidis made at the time the check is presented to Citibank for payment, or earlierif Citibank receives electronic notification that a check you wrote has beenpresented for deposit at another bank. Citibank’s decision to pay or not topay a check is based on funds available in your account and other factors.See “Overdrawing Your Account” on page 25 and “Withdrawal Refusals” onpage 26. Our decision regarding payment of your check is final when made

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You may not deposit demand drafts (items not bearing the maker’s signature,but purporting to be authorized by the maker) to an account with us withoutour prior, express written consent. If you deposit demand drafts with us, youagree that we may withhold a portion of the proceeds of such drafts in areserve account, in an amount that we reasonably believe may be needed tocover future chargebacks, returned items, and/or claims that such drafts wereunauthorized.You grant us a security interest in the reserve account. Unlesswe agree otherwise in writing with you, reserve funds shall not bear interest.Our right to charge your account for returned demand drafts will not belimited by the balance or existence of any reserve. Our rights with respectto the reserve, as well as the security interest granted to us, shall survive thetermination of this agreement.We may discontinue accepting demand draftsat any time without cause or prior notice.

Account Statements and NoticesYou can get your current balance and available balance anytime at a CitibankATM, by calling CitiPhone Banking (available 24 hours a day, seven days aweek), at ATM network machines and through Citibank® Online. See thesection entitled “The Citibank Banking Card/Debit Card” on page 10 fordetails on account information available to you.Periodic Statements. We will mail you a periodic account statement(except for Passbook Savings accounts) showing all activity, all transactionsmade with your Citibank Banking Card/Debit Card, all transfers youauthorize in advance, and other account information for the statementperiod. It will include:• A summary of your linked balances• An itemized listing of your transactions by date, including information

about checks presented against your accountAccount packages with Checking, Checking Plus and linked Retirement Planswill receive periodic statements. All other account packages will receive astatement whenever there is consumer activity or every three months,whichever comes first. Quarterly statements are produced January, April,July and October of every year.You can arrange to receive separate statements for your linked CitibankAccount components by calling CitiPhone Banking.Cancelled Check Options. Unless you elect otherwise, images of yourcancelled checks will be mailed to you with your periodic statement.Images of your cancelled checks presented within the past ninety (90) daysare also available to you at no charge through Citibank Online. Additionally,you may request a copy of any of your cancelled checks by calling CustomerService. Please refer to the Schedule of Service Fees and Charges for AllAccounts in the Marketplace Addendum for applicable fees.Please note that if you receive check images with your statement, includedamong the imaged checks may be some checks which have been presentedfor payment but which were returned unpaid after your statement wasprepared and sent to you.The “Checking Activity” section of your statementwill list all checks paid during the statement period.Passbook Savings Accounts. When you open a Passbook Account, wewill give you a passbook in which your aggregate account activity can be entered;however, you do not need to present your passbook to transact on youraccount.You can have your passbook brought up-to-date by bringing it to anyPuerto Rico Financial Center or by mailing it to your home Financial Center.If your passbook is lost, stolen or destroyed, notify us immediately. Once thenecessary forms are completed and processed, we will issue a replacementpassbook with a new account number.Records and Receipts. When you complete a transaction using yourCitibank Banking Card/Debit Card, you can get a Citibank ATM BankingRecord or ATM network record indicating the date, time, amount, locationand other details of the transaction.

In the event of insufficient funds to pay your checks, we may return yourchecks and charge you a fee. At our sole discretion, we may create anoverdraft by paying the check or permitting the transaction. Either way,there will be a service charge. (See Service Fees and Charges section of the Marketplace Addendum.) Each account owner is jointly and severallyresponsible for paying any overdrafts created by any authorized signer(s)or party to the account, whether or not the owner participates in thetransaction or benefits from its proceeds.We have a line of credit calledChecking Plus, which will cover these checks and prevent returned or“bounced” checks.We also have Safety Check, which lets you link aMoney Market or Day-to-Day Savings account to cover overdrafts in yourchecking account.Withdrawal Refusals. In some instances, we may refuse a request fora withdrawal from an account.The following is a list of the most common reasons we refuse withdrawal requests:• If the funds you wish to withdraw are not yet available (See the Funds

Availability at Citibank section of the Marketplace Addendum.)• If there are insufficient funds in your account• If you use a type of check not acceptable to us• If the funds you wish to withdraw are being held to cover a checking

account withdrawal under our Safety Check or Checks-as-Cash® services• If the withdrawal you are requesting is of the type that is limited by our

agreement with you or by federal regulations, and you have alreadyreached the applicable limit

• If, in the case of a joint account, any account signer gives us writteninstructions not to permit a withdrawal

• If the account is pledged as collateral for a loan• If we have been ordered by a court or other legal process not to

permit the withdrawal• If you do not present us with appropriate identification or any other

information that we may require• If we are aware of any dispute relating to the account• If we have some suspicion of fraud or irregularityWithdrawal Notice. We reserve the right to require seven days advancednotice before permitting a withdrawal from all checking, savings and MoneyMarket Accounts.We are required by law to reserve this right, but we donot presently exercise it.Check CashingYour Own Checks.You can cash a check at any Financial Center, for anyamount up to the available balance with your Citibank Banking Card/DebitCard or acceptable identification.Third-Party Checks. You can cash a third-party check (one you receivedfrom another person) at any Financial Center, up to the available balancein your accounts using your Citibank Banking Card/Debit Card as identification.A hold will be placed on your Citibank accounts for the amount of the checkuntil the check clears. If a check you deposit or wish to cash is payable toa party other than yourself, or is payable jointly to you and another party, wemay require that the other party’s endorsement be verified or guaranteedbefore we accept the check.We also reserve the right to refuse to acceptsuch a check for either encashment or deposit.We do not accept double-endorsed government checks.When you write one of your checks to another person, that person, withproper identification, may be able to cash it at a Financial Center if the checkis for $5,000 or less. Otherwise, the payee will be required to deposit thecheck to an account at Citibank or elsewhere.Demand Drafts. If you provide your account number to a third party inorder to charge your account by means of one or more demand drafts (i.e.,items which do not bear your actual signature, but purport to be drawnwith your authorization), you authorize us to pay such drafts, even thoughthey do not contain your signature and may exceed the amounts youauthorized to be charged.This provision shall not obligate us to honordemand drafts.We may refuse to honor demand drafts without cause orprior notice, even if we have honored similar items previously.

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to contact us by telephone, you may also write to us at the following address:Citicorp Data Systems IncorporatedP.O. Box 769014San Antonio,TX 78245

In investigating your claim, we may request the following information from you:• Description of how you suffered a loss;• Amount of your loss;• Explanation as to why original check is needed to determine validity of

charge to your account; and• A copy of the substitute check and/or information to help us identify

the substitute check (such as check number, the amount of the checkand payee).

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How Checking Accounts are MaintainedFor accounting purposes, all Citibank consumer checking accounts (RegularChecking, Interest Checking and Basic Banking Account) consist of two sub-accounts; a transaction sub-account to which all financial transactions areposted; and a holding sub-account into which available balances above a pre-set level are transferred daily. Funds will be transferred to your transactionsub-account to meet your transactional needs. For Regular Checking andBasic Banking Account, both sub-accounts are non-interest bearing. ForInterest Checking, both sub-accounts pay the same interest rate.Transfers can occur on any business day.Transfers to the holding sub-accountwill be made whenever available balances in the transaction sub-accountexceed a preset level.Transfers from the holding sub-account to thetransaction sub-account will be made whenever transaction sub-accountbalances fall below a predetermined level. Because banking regulationslimit the number of transfers between these types of sub-accounts, allbalances in the holding sub-account will be transferred to the transactionsub-account in the sixth transfer in any calendar month.Both sub-accounts are treated as a single account for purposes of the client’sdeposits and withdrawals, access and information, tax reporting, fees, etc.

Substitute Checks and Your RightsWhat is a substitute check? The following information applies tothose customers who received a “substitute” check from us instead of theoriginal check (such as those customers receiving original paid checks withtheir periodic account statements).Federal Law allows banks to replace original checks with “substitutechecks”. A substitute check is a paper reproduction created from a digitalimage of the front and back of the original check and bears the legend“This is a legal copy of your check”. Under the law, a substitute check isthe “legal equivalent” of the original check. In other words, it can be usedin the same way and for all purposes you would use the original check.Your Rights. The following rights apply if you receive a substitute checkfrom us in lieu of the original check.These rights do not apply to originalchecks or to electronic debits.Your rights as to these transactions remainunchanged and are described in other sections of this Manual. Please notethese rights also do not apply to images of checks furnished to you orviewed through Citibank Online.You may request a refund for losses youincur if you believe a substitute check you have received from us is incorrectlyposted to your account (for example, if your account was debited for thewrong amount) and production of the original check is needed to determinethe validity of the charge.The losses you may attempt to recover may includethe amount that was withdrawn from your account and fees that werecharged as a result of the withdrawal (for example, bounced check fees.)The amount of the refund you may request is limited to the amount of yourloss or the amount of the substitute check, whichever is less.You are alsoentitled to interest if your account is an interest-bearing account. If your lossexceeds the amount of the substitute check, you may be able to recoveradditional amounts under other laws.Under federal law, you may receive up to $2,500 of your refund (plusinterest if you have an interest-bearing account) within 10 business daysafter we receive a complete claim from you and the remainder of yourrefund not later than 45 calendar days after we receive a complete claimfrom you.You will not be entitled to a refund if we determine that thesubstitute check was correctly posted to your account. Alternatively, wemay reverse the refund (including any interest on the refund) if we laterdetermine that the substitute check was correctly posted to your account.Filing a Claim. If you believe a substitute check you have received fromus was improperly debited to your account, please call CitiPhone Banking atthe number indicated on the back cover of this Manual.You must contact uswithin 40 calendar days of the date we mailed or otherwise made availableto you the substitute check in question.We may extend the time period ifyou were prevented from contacting us for extenuating reasons. In certainsituations, such as forgery claims, we may require that you put your claim inwriting. If so, we must receive the information in writing within ten businessdays from the day you first notified the bank of your claim. If you are not able

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Special Availability Services

This section outlines two Citibank services that can help you to reduceor eliminate the time it takes for funds from your checking accountdeposits to be made available for withdrawal, and cover overdrafts.

Checks-as-CashOur Checks-as-Cash® service gives you faster access to funds you depositinto your checking account by using the combined available balances inyour other linked Citibank accounts as coverage for your check deposits.You can designate the balances in your Certificates of Deposit, Money Marketand Day-to-Day Savings accounts as coverage. If you have Checking Plus®,your line of credit is automatically designated as a covering account.Thereis no service charge for Checks-as-Cash, and your CD, savings, and MoneyMarket Accounts will continue to earn interest without interruption.For example, you could designate a $6,000 Certificate of Deposit, a $1,500Day-to-Day Savings account, and a $1,700 Money Market Account – a totalof $9,200 in coverage.Then, assuming that these funds are not coveringany previous withdrawals, you could deposit checks worth up to $9,200 atany Citibank ATM location and write checks or make cash withdrawalsagainst those funds immediately, even if there are no other funds in yourchecking account.Contributing Accounts. Certificates of Deposit, Day-to-Day Savings,Money Market Accounts and Checking Plus® line of credit may be linkedto your checking account as contributing accounts for Checks-as-Cashcoverage. All account owners of any joint account must authorize us tolink it for this service if account ownership is not identical on all accounts.Retirement and Passbook Savings Accounts may not be designated ascontributing accounts.The maximum amount of coverage available from Certificates of Depositis $35,000.The maximum amount of coverage from Day-to-Day Savings,Money Market Accounts and Checking Plus is equal to the available balanceor available line of credit of these accounts.Availability of Deposits. As part of the Checks-as-Cash service, youwill be able to make cash withdrawals and write checks against a depositbefore that deposit would otherwise be available to you. If you make thedeposit at a Citibank ATM, your funds will be available immediately andyou will be able to withdraw up to $1,000 in cash the same day. If youmake your deposit with a Financial Associate or mail it in, the funds fromyour deposit will be available to you on the calendar day following thebusiness day your deposit is received.

You are limited to six transfers per calendar month from your MoneyMarket Accounts. For U.S. residents, federal regulations require Citibank tolimit the total number of certain kinds of transfers (including Safety Checktransfers) from your Day-to-Day Savings Account when your Day-to-DaySavings Account has a balance of $100,000 or less. For details, see the“Limits on Transfers” section on page 22.If the total number of transfers has reached the applicable monthly limit,no Safety Check transfers will be made for the remainder of that periodand checks which overdraw your checking account will be returned.

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Deposit Coverage. An amount equal to your deposit must remain inyour contributing accounts during the time it takes for your deposit tobecome available in the ordinary course of business (as if you did nothave Checks-as-Cash) and will not be available to cover other depositsthroughout this time. However, the amount of interest your contributingaccounts earn is not affected during this period, nor will you be chargedinterest on Checking Plus as a result of the coverage. Only if a withdrawalmust be made from a contributing account, as explained below, would areduction in interest or an interest charge occur.Charges to Contributing Accounts. If you deposit a check that isreturned to us unpaid, or if for some reason we do not find a check in thecorrect amount in the Citibank ATM machine you use to make the deposit,we will deduct the necessary amount from your checking account. If yourchecking account is overdrawn as a result, a loan will be made from yourChecking Plus account to pay the overdraft. If you do not have CheckingPlus, or if your Checking Plus is fully used, you will need to cover the amountof such an overdraft or we will exercise our right of set off. If we have towithdraw from a CD, early withdrawal penalty will result.Termination. We reserve the right to change these rules upon noticeto you or to withdraw this service at any time.We may terminate yourparticipation in this service for any reason, including overdue payment toyour Checking Plus or misrepresentation of your Citibank ATM deposits.Availability of Checking Account Deposits. Checks-as-Cash coveragealso enables you to make cash withdrawals and write checks against a depositto your checking account before that deposit would ordinarily be available,up to the available balance in your contributing account. If you make thedeposit at a Citibank ATM, you will be able to withdraw up to $1,000 in cashfrom a Citibank ATM the same day. If you make the deposit with a FinancialCenter Associate or mail it in, the funds will be available to you on the cal-endar day following the business day the deposit is received. Funds in yourcontributing account will cover the cash withdrawals and check paymentsduring the time it takes for deposited funds to become available.There isno charge for this service, and all funds in the contributing account willcontinue to earn interest. During this interval, the funds used for coveragewill be unavailable for your use or for a Safety Check overdraft transfer. If acheck you deposited is returned and charged against your checking account,any resulting overdraft can be covered by a Safety Check transfer.

Safety CheckSafety Check is an overdraft protection service that covers overdrafts withtransfers from your linked Money Market Accounts or Day-to-Day Savingsaccount.There is a fee for this service. Safety Check will not permit youto get cash or transfer funds from your checking to other accounts ifthere are insufficient funds in your checking account.The linked account also covers the use of deposited funds that are not yetavailable in the checking account.Contributing Accounts. When you sign up for Safety Check, you mayselect one account you maintain at Citibank as your “contributing account.”It can be either a Day-to-Day Savings account or Money Market Accounts.Other types of deposit accounts are not eligible contributing accounts.Only available funds in your contributing account can be used for SafetyCheck coverage. Funds in your contributing account will not be held orset aside for Safety Check overdraft coverage. Until the funds are actuallytransferred to cover an overdraft, you will continue to have full access tothem, and they will continue to earn interest.If the checking or contributing account is a joint account, all owners mustauthorize Safety Check coverage.Overdraft Transfer Maximum. No more than $99,999.99 per calendarmonth will be transferred from your Day-to-Day Savings account or permonthly period from your Money Market Accounts to cover overdrafts in your checking account. If one or more transactions overdraws yourchecking account in a given day, and if you have available funds in yourcontributing account to cover them, only one overdraft transfer will beprocessed for the total overdraft amount.

THIS SECTION CONTAINS IMPORTANT INFORMATION FOR CLIENTSAPPLYING FOR DEPOSIT, READY CREDIT, OR CHECKING PLUS®

ACCOUNTS AND THE SERVICES RELATED THERETO ON OR AFTERNOVEMBER 7, 2003. IT PROVIDES THAT EITHER YOU OR WE CANREQUIRE THAT ANY DISPUTES BE RESOLVED BY BINDING ARBI-TRATION. ARBITRATION REPLACES THE RIGHT TO GO TO COURT,INCLUDING THE RIGHT TO PARTICIPATE IN A CLASS ACTION ORSIMILAR PROCEEDING. IN ARBITRATION,THE DISPUTE IS SUBMITTEDTO A NEUTRAL PARTY, AN ARBITRATOR, INSTEAD OF A JUDGE ORJURY. ARBITRATION PROCEDURES ARE SIMPLER AND MORE LIMITEDTHAN RULES APPLICABLE IN COURT.THE DECISION OF THE ARBITRATOR IS FINAL AND BINDING.

Agreement to Arbitrate Disputes. You agree that by opening anaccount with us on or after November 7, 2003 or accepting any of theservices described in this Client Manual, either you or we may elect torequire that any dispute between us, or concerning your other Citibankdeposit, Ready Credit, or Checking Plus accounts, except those disputesspecifically excluded below, be resolved by binding arbitration.Disputes Covered by Arbitration. If you open a deposit, ReadyCredit, or Checking Plus account with us on or after November 7, 2003, anyclaim relating to or arising out of that account and any unresolved claimrelating to any existing or prior deposit, Ready Credit or Checking Plusaccount with us will be subject to arbitration. Disputes include any unre-solved claims concerning any services relating to such account, including,without limitation, safe deposit box services, wire transfer services, anduse of a Citibank Banking Card/Debit Card or Citibank Banking Card/DebitCard displaying the MasterCard logo. Disputes include not only claimsmade directly by you, but also made by anyone connected with you orclaiming through you, such as a joint account holder, account beneficiary, ora representative or agent. Disputes include not only claims that relate directlyto Citibank, but also its parent, affiliates, successors, assignees, employees,and agents and claims for which we may be directly or indirectly liable,even if we are not properly named at the time the claim is made. Disputesinclude claims based on any theory of law, contract, statute, regulation, tort(including fraud or any intentional tort), or any other legal or equitableground, and include claims as counterclaims, close-claims, third party claims,interpleaders or otherwise. Disputes include claims made as part of a classaction or other representative action, it being expressly understood andagreed to that the arbitration of such claims must proceed on an individual(non-class, non-representative) basis. Disputes also include claims relating tothe enforceability or interpretation of any of these arbitration provisions.Commencing an Arbitration. The arbitration must be filed with one ofthe following neutral arbitration forums: American Arbitration Association;or National Arbitration Forum. If you initiate the arbitration, you mustnotify us in writing at Citibank, Litigation/Arbitration Unit, One Court Square,43rd Floor/Zone 9, Long Island City, NY 11120. If we initiate the arbitration,we will notify you in writing at your last known address on file.You may

Resolution of Disputes by Arbitration

Severability, Survival. These arbitration provisions shall survive (i)termination or changes to your deposit, Checking Plus or Ready Creditaccounts, or any related services we provide; (ii) the bankruptcy of anyparty; and (iii) the transfer or assignment of your deposit, Checking Plusor Ready Credit accounts, or any related services we provide. If one ormore of these arbitration provisions are deemed invalid or unenforceable,the remaining portions shall nevertheless remain valid and enforceable.

3332

obtain a copy of the arbitration rules for these forums, as well as additionalinformation about initiating an arbitration by contacting these arbitrationforums at the following addresses:American Arbitration Association: 335 Madison Avenue - 10th Floor

New York, NY 10017-4605www.adr.org

National Arbitration Forum: P.O. Box 50191Minneapolis, MN 55405www.arbitration-forum.com

The arbitration shall be conducted in the same city as the U.S. District Courtclosest to your home address, unless the parties agree to a different location.Administration of Arbitration. The arbitration shall be decided by asingle arbitrator, unless either party to the arbitration requests a panel ofthree arbitrators in which case the arbitration shall be conducted by a panelof three arbitrators (said arbitrator or arbitrators hereinafter referred to as“the arbitrator”).The arbitrator shall decide the dispute in accordance withapplicable substantive law consistent with the Federal Arbitration Act.Thearbitrator shall be empowered to award any damages or other relief provided for under applicable law and will not have the power to awardrelief to, or against, any person who is not a party to the arbitration.Thedecision rendered by the arbitrator shall be in writing; however, the arbitratorneed not provide a statement of his reasons unless one is requested by youor us.The award of the arbitrator shall be final and binding, subject to judicialintervention or review only to the extent allowed under the FederalArbitration Act.The award of the arbitrator can be entered as a judgmentin any court having jurisdiction.Costs.The party initiating the arbitration shall pay the initial filing fee. If youfile the arbitration and an award is rendered in your favor, we will reimburseyou for your filing fee. If there is a hearing, we will pay the fees and costs forthe first day of that hearing. If either you or we request a panel of threearbitrators, the party making the request shall pay the fees of those additionalarbitrators unless the arbitrator rules otherwise. All other fees and costs willbe allocated in accordance with the rules of the arbitration forum. However,we will advance or reimburse filing and other fees if the arbitrator rules thatyou cannot afford to pay them or finds other good cause for requiring us todo so. Each party shall bear the expense of their respective attorneys, experts,and witnesses and other expenses, regardless of who prevails, except to theextent the arbitrator assess costs of the arbitration to either you or us.No Class Action or Joinder of Parties. You and we agree that noclass action, private attorney general or other representative claims maybe pursued in arbitration, nor may such action be pursued in court ifeither you or we elect arbitration. Unless mutually agreed to by you andus, claims of two or more persons may not be joined, consolidated, orotherwise brought together in the same arbitration (unless those personsare joint account holders or beneficiaries on your account and/or relatedaccounts, or parties to a single transaction or related transaction); this isso whether or not the claim may have been assigned.Right to Resort to Provisional Remedies Preserved. Nothingherein shall be deemed to limit or constrain our right to resort to self-help remedies, such as the right of set-off or the right to restrain funds inan account, to interplead funds in the event of a dispute, to exercise anysecurity interest or lien we may hold in property, or to comply with legalprocess, or to obtain provisional remedies such as injunctive relief, attach-ment, or garnishment by a court having appropriate jurisdiction.Governing Law. You and we agree that our relationship includes trans-actions involving interstate commerce and that these arbitration provi-sions are governed by, and enforceable under, the Federal Arbitration Act.To the extent state law is applicable, the laws of the jurisdiction governingyour account relationship apply.

Puerto Rico residents might opt for a special tax rate of 17% on interestincome received from financial institutions.To opt for this special rate, youwill be required to complete the Authorization for Withholding Tax onInterest Paid or Credited to Individuals.This Form is available at theFinancial Centers and can be completed at account opening or at anytimethereafter. Elections made after account opening that are received afterApril 15 will become effective starting the following calendar year.Theelection provides for two alternatives, on the first one the 17% special taxrate will apply to the total interest paid or credited while on the secondoption the 17% tax rate will apply to interest paid or credited in excessof $500 per quarter. Based on your election, the 17% tax will be withheldfrom the interest and remitted to the Puerto Rico Treasury Departmentas required under Section 1013 of the Puerto Rico Internal Revenue Code,as amended.The interest paid or credited as well as the amount of taxwithheld will be reported to you and to the Puerto Rico TreasuryDepartment by the 28th of February of the following year on Form480.6B – Informative Return for Income Subject to Withholding.

Important Tax Information for Puerto Rico Residents Only

IntroductionWhen you open an account at Citibank, if you are a U.S. Citizen with resi-dence outside Puerto Rico or a U.S. Resident Alien, you will be asked topresent and certify your U.S.Taxpayer Identification Number.You shouldcertify your status directly on Internal Revenue Service (IRS) Form W-9(Request for Taxpayer Identification Number and Certification).All section references in this document are to the Internal Revenue Codeof 1986, as amended.

IRS Form W-9 Instructions for U.S. Citizens or Resident Aliens

Purpose of Tax Information and Certification. A person who isrequired to file an information return with the IRS must get your correcttaxpayer identification number (TIN) to report, for example, income paidto you, real estate transactions, mortgage interest you paid, acquisition orabandonment of secured property, cancellation of debt, or contributions youmade to an IRA. Use Form W-9 only if you are a U.S. person (including aresident alien), to give your correct TIN to the person requesting it (therequester) and, when applicable, to: 1. Certify the TIN you are giving iscorrect (or you are waiting for a number to be issued), 2. Certify you arenot subject to backup withholding, or 3. Claim exemption from backupwithholding if you are a U.S. exempt payee.Note: If a requester gives you a form other than Form W-9 to request your TIN,you should use the requester’s form if it is substantially similar to IRS Form W-9.

Important Tax Information for U.S. Citizens Living Outside Puerto Rico

and U.S. Resident Aliens Only

Limited liability company (LLC). If you are a single-member LLC(including a foreign LLC with a domestic owner) that is disregarded as anentity separate from its owner under Treasury regulations section 301.7701-3,enter the owner’s name on the “Name” line. Enter the LLC’s nameon the “Business name” line.Other entities. Enter your business name as shown on required Federaltax documents on the “Name” line.This name should match the nameshown on the charter or other legal document creating the entity.Youmay enter any business, trade, or DBA name on the “Business name” line.Note: You are requested to check the appropriate box for your status (individ-ual/sole proprietor, corporation, etc.)

Part ITaxpayer Identification Number (TIN)

Enter your TIN in the appropriate box. If you are a resident alien and you do not have and are not eligible to getan SSN, your TIN is your IRS individual taxpayer identification number(ITIN). Enter the ITIN in the social security number box. If you do nothave an ITIN, see How to get a TIN above.If you are a sole proprietor and you have an EIN, you may enter eitheryour SSN or EIN. However, the IRS prefers that you use your SSN.If you are an LLC that is disregarded as an entity separate from itsowner (see Limited liability company (LLC) above), and are ownedby an individual, enter your SSN (or “pre-LLC” EIN, if desired). If theowner of a disregarded LLC is a corporation, partnership, etc., enter theowner’s EIN.Note: See the chart on page 36 for further clarification of name and TINcombinations.

For U.S. Payees Exempt From Backup Withholding

Individuals (including sole proprietors) are not exempt from backup withholding. Corporations are exempt from backup withholding for certainpayments, such as interest and dividends. For more information on exemptpayees, see the separate Instructions for the Requester of Form W-9.If you are exempt from backup withholding, you should still completeForm W-9 to avoid possible erroneous backup withholding. Check the“Exempt from backup withholding box,” enter your correct name,address,TIN and also check the appropriate box for your status in Part 1and sign and date the form.

Certification To establish to the withholding agent that you are a U.S. person, or residentalien, sign Form W-9.For a joint account, only the person whose TIN is shown in Part I shouldsign (when required).

Privacy Act Notice Section 6109 of the Internal Revenue Code requires you to provide yourcorrect TIN to persons who must file information returns with the IRS toreport interest, dividends, and certain other income paid to you, mortgageinterest you paid, the acquisition or abandonment of secured property,cancellation of debt, or contributions you made to an IRA or Archer MSA.The IRS uses the numbers for identification purposes and to help verifythe accuracy of your tax return.The IRS may also provide this informationto the Department of Justice for civil and criminal litigation, and to cities,states, and the District of Columbia to carry out their tax laws.We mayalso disclose this information to other countries under a tax treaty, or toFederal and state agencies to enforce Federal nontax criminal laws and tocombat terrorism.

35

What is backup withholding? Persons making certain payments to youmust withhold and pay to the IRS 28% of such payments under certainconditions.This is called ‘backup withholding.’ Payments that may be subjectto backup withholding include interest, dividends, broker and barter exchangetransactions, rents, royalties, non-employee pay, and certain payments fromfishing boat operators. Real estate transactions are not subject to backupwithholding.If you give the requester your correct TIN, make the proper certifications, andreport all your taxable interest and dividends on your tax return, paymentsyou receive will not be subject to backup withholding. Payments youreceive will be subject to backup withholding if:1. You do not furnish your TIN to the requester, or 2. You do not certify your TIN when required (see the following Specific

Instructions for Completing Form W-9 for details), or 3. The IRS tells the requester that you furnished an incorrect TIN, or 4. The IRS tells you that you are subject to backup withholding because you

did not report all your reportable interest and dividends on your taxreturn, or

5. You do not certify to the requester that you are not subject to backupwithholding under item 4 above (for reportable interest and dividendaccounts opened after 1983 only).

Certain payees and payments are exempt from backup withholding. Seepage 2 of IRS Form W-9 instructions and the separate Instructions forthe Requester of Form W-9.How to get a TIN. If you do not have a TIN, apply for one immediately.To apply for an SSN, get Form SS-5, “Application for a Social SecurityCard,” from your local Social Security Administration office. Get Form W-7,“Application for IRS Individual Taxpayer Identification Number,” to apply foran ITIN or Form SS-4, “Application for Employer Identification Number,”to apply for an EIN.You can get Forms W-7 and SS-4 from the IRS bycalling 1-800-TAX-FORM (1-800-829-3676) or from the IRS’s InternetWeb Site at www.irs.gov.

PenaltiesFailure to furnish TIN. If you fail to furnish your correct TIN to arequester, you are subject to a penalty of $50 for each such failure unlessyour failure is due to reasonable cause and not to willful neglect.Civil penalty for false information with respect to withholding.If you make a false statement with no reasonable basis that results in nobackup withholding, you are subject to a $500 penalty.Criminal penalty for falsifying information. Willfully falsifying certifications or affirmations may subject you to criminal penalties includingfines and/or imprisonment.Misuse of TINs. If the requester discloses or uses TINs in violation ofFederal law, the requester may be subject to civil and criminal penalties.

Specific Instructions for Completing Form W-9

Name. If you are an individual, you must generally enter the name shownon your social security card. However, if you have changed your lastname, for instance, due to marriage without informing the Social SecurityAdministration of the name change, enter your first name, the last nameshown on your social security card, and your new last name.If the account is in joint names, list first and then circle the name of theperson or entity whose number you enter in Part I of the form.Sole proprietor. Enter your individual name as shown on your socialsecurity card on the “Name” line.You may enter your business, trade, or“doing business as (DBA)” name on the “Business name” line.

34

For this type of account: Give Name and SSN of:1. Individual 1. The individual2. Two or more individuals 2. The actual owner of the

(joint account) account or, if combinedfunds, the first individualon the account. 1

3. Custodian account of a minor 3. The minor 2

(Uniform Gift to Minors Act)4a.The usual revocable savings 4a. The grantor-trustee1

trust (grantor is also trustee)4b.So-called trust account 4b. The actual owner 1

that is not a legal or validtrust under state law

5. Sole Proprietorship or 5. The actual owner 3

single-owner LLC

For this type of account: Give Name and EIN of:6. Sole proprietorship or 6. The owner 3

single-owner LLC7. A valid trust, estate, 7. Legal entity 4

or pension trust.8. Corporate or LLC electing 8. The corporation

Corporate status on Form 8837...9. Association, club, religious, 9. The organization

charitable, educational, or othertax-exempt organization

10. Partnership or multi-member LLC 10. The partnership11. A broker or registered nominee 11. The broker or nominee12. Account with the Department 12. The public entity

of Agriculture in the name of a public entity (such as a stateor local government, schooldistrict, or prison) that receives agricultural program payments

Payees Exempt from Backup WithholdingEven if the payee does not provide a TIN in the manner required, you arenot required to backup withhold on any payments you make if the payee is:1. An organization exempt from tax under section 501(a), any IRA, or a

custodial account under section 403(b)(7) if the account satisfies therequirements of section 401 (f)(2);

2. The United States or any of its agencies or instrumentalities;3. A state, the District of Columbia, a possession of the United States, or

any of their political subdivisions or instrumentalities;4. A foreign government or any of its political subdivisions, agencies, or

instrumentalities; or5. An international organization or any of its agencies or instrumentalities.Other payees that may be exempt from backup withholding include:6. A corporation;7. A foreign central bank of issue;8. A dealer in securities or commodities required to register in the United

States, the District of Columbia, or a possession of the United States;9. A futures commission merchant registered with the Commodity

Futures Trading Commission;10. A real estate investment trust;11. An entity registered at all times during the tax year under the

Investment Company Act of 1940;12. A common trust fund operated by a bank under section 584(a);13. A financial institution;14. A middleman known in the investment community as a nominee or

custodian; or15. A trust exempt from tax under section 664 or described in section 4947.The following types of payments are exempt from backup withholding asindicated for items 1 through 15 above.Interest and dividend payments. All listed payees are exemptexcept the payee in item 9.Broker transactions. All payees listed in items 1 through 13 areexempt. A person registered under the Investment Advisors Act of 1940who regularly acts as a broker is also exempt.Barter exchange transactions and patronage dividends. Onlypayees listed in items 1 through 5 are exempt.Payments reportable under sections 6041 and 6041A. Onlypayees listed in items 1 through 7 are generally exempt.However, the following payments made to a corporation (including grossproceeds paid to an attorney under section 6045(f), even if the attorneyis a corporation) and reportable on Form 1099-Misc, MiscellaneousIncome, are not exempt from backup withholding:• Medical and health care payments.• Attorneys’ fees.• Payments for services paid by a Federal executive agency.

1. List first and circle the name of the person whose number you furnish. If only one person on a joint account has an SSN, that person’s number must be furnished.

2. Circle the minor’s name and furnish the minor’s SSN.3. You must show your individual name, but you may also enter your business or

“DBA” name.You may use either your SSN or EIN (if you have one).4. List first and circle the name of the legal trust, estate, or pension trust. (Do not

furnish the TIN of the personal representative or trustee unless the legal entity itself is not designated in the account title.)

Note: If no name is circled when more than one name is listed, the number will be considered to be that of the first name listed.

37

You must provide your TIN whether or not you are required to file a taxreturn. Payers must generally withhold 28% of taxable interest, dividend,and certain other payments to a payee who does not give a TIN to apayer. Certain penalties may also apply.

What Name and Number to Give the Requester

36

39

Payments Exempt From Backup Withholding Payments that are not subject to information reporting also are not subjectto backup withholding. For details, see sections 6041, 6041A, 6042, 6044,6045, 6049, 6050A, and 6050N, and their regulations.The following paymentsare generally exempt from backup withholding.

Dividends and patronage dividends. • Payments to nonresident aliens subject to withholding under section 1441.• Payments to partnerships not engaged in a trade or business in the United

States and that have at least one nonresident alien partner.• Payments of patronage dividends not paid in money.• Payments made by certain foreign organizations.• Section 404(k) distributions made by an ESOP.

Interest payments. • Payments of interest on obligations issued by individuals. However, if you

pay $600 or more of interest in the course of your trade or business toa payee, you must report the payment. Backup withholding applies tothe reportable payment if the payee has not provided a TIN or hasprovided an incorrect TIN.

• Payments of tax-exempt interest (including exempt-interest dividendsunder section 852).

• Payments described in section 6049(b)(5) to nonresident aliens.• Payments on tax-free covenant bonds under section 1451.• Payments made by certain foreign organizations.• Mortgage or student loan interest paid to you.

Other types of payments. • Wages.• Distributions from a pension, annuity, profit sharing or stock bonus plan,

any IRA, or an owner-employee plan.• Certain surrenders of life insurance contracts.• Gambling winnings if withholding is required under section 3402(q).

However, if withholding is not required under section 3402(q), backupwithholding applies if the payee fails to furnish a TIN.

• Real estate transactions reportable under section 6045(e).• Cancelled debts reportable under section 6050P.• Distributions from a medical savings account and long-term care benefits.• Fish purchases for cash reportable under section 6050R.

38

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Our Privacy Notice

Our goal is to maintain your trust and confidencewhen handling personal information about you.

YOU HAVE CHOICES

As a Citibank* customer, you have the opportunity to make choices about how personal informationabout you may be shared. As you consider this, weencourage you to make choices that enable us toprovide you with quality products and services thathelp you meet your financial needs and objectives.

SECURITY OF PERSONAL INFORMATION

The security of personal information about you is ourpriority. We protect this information by maintainingphysical, electronic, and procedural safeguards thatmeet or exceed applicable law. We train our employeesin the proper handling of personal information.When we use other companies to provide servicesfor us, we require them to protect the confidentialityof personal information they receive.

ABOUT THIS NOTICE

We are providing this privacy notice to consumerclients who purchase products or receive services fromus for personal, family or household purposes (“you”).This notice tells you how we collect, handle, anddisclose personal information about you. If you wantto limit our disclosing this information, please seethe Privacy Choices Form on panel v of this notice.If you are a joint account holder, we will acceptinstructions from either of you and apply them to the

*All references to Citibank refer to Citibank N.A.

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®

Nonaffiliated Third Parties to WhomWe May Disclose Personal InformationNonaffiliated third parties are those not part of thefamily of companies controlled by Citigroup.

We may disclose personal information about you tothe following types of nonaffiliated third parties:

• Financial services providers, such as companiesengaged in banking, credit cards, consumerfinance, securities, and insurance, and

• Non-financial companies, such as companiesengaged in direct marketing and the selling ofconsumer products and services.

If you fill in Box 1 on the Privacy Choices Form,we will not disclose personal information about youexcept as follows. First, we may disclose personalinformation about you as described above in “PersonalInformation We Collect and May Disclose” to thirdparties that perform marketing services on our behalfor to other financial institutions with whom we havejoint marketing agreements. Second, we may disclosepersonal information about you to third parties aspermitted by law, such as disclosures necessary toprocess and service your account, to protect againstfraud, and to protect the security or confidentialityof our records.

YOUR PRIVACY CHOICES

This section describes your privacy choices.Please remember that we will continue toprotect personal information about you

regardless of your privacy choices.

Disclosing to Nonaffiliated Third Parties (Box 1)

As described in this notice, we will limit the personalinformation about you that we disclose to nonaffiliatedthird parties if you fill in Box 1 on the PrivacyChoices Form.

iii

entire account. This notice applies to both currentand former customers. We may change this noticefrom time to time. If we do, we will notify you asrequired by applicable law.

Personal Information We Collect and May DiscloseThe personal information we collect about youcomes from the following sources:

• Information we receive from you, such as yourname, address, and telephone number,

• Information about your transactions, such asyour account balances, payment history, andaccount activity, and

• Information we receive from consumer reportingagencies and other sources, such as your creditbureau reports and other information relatingto your creditworthiness.

We may disclose any of the above information thatwe collect to affiliates and nonaffiliated third partiesas described below.

The term “personal information,” as used in thisnotice, means information that identifies you personally.We may use information which does not personallyidentify you to help manage our businesses and toprovide us, our affiliates, and other companies insightinto consumer spending behavior. We may do thiseven if you ask us to limit disclosure of personalinformation about you, as described in the PrivacyChoices Form.

Affiliates to Whom We May DisclosePersonal InformationOur affiliates are the family of companies controlledby Citigroup. Affiliates to whom we may disclosepersonal information about you are in several differentbusinesses, including banking, credit cards, consumerfinance, insurance, and securities. Our affiliates includethose doing business under the names CitiFinancial,CitiMortgage, Smith Barney, and Primerica.

ii

PRIVACY CHOICES FORM

To limit disclosures of personal information aboutyou as described in this notice, you can call us tollfree at the Customer Service number shown below.Or you can fill in the appropriate box or boxes toindicate your privacy choices and send the form tothe address listed below.

Be sure to include your Citibank Banking Card/DebitCard number or Citibank account number below.

1. Limit the personal information about me that you disclose to nonaffiliated third parties.

2. Limit the personal information about me that you share with Citigroup affiliates.

My Citibank® Banking Card/Debit Card or Citibank account number is: ___________________________________________________

(PLEASE PRINT)

Name _____________________________________________________________________________

Address___________________________________________________________________________

City__________________________________________ State_______ ZIP____________________

If you filled in any of the boxes above, please mail this form in a stamped envelope to:

Citibank Processing Center Mail Stop CBL

P.O. Box 769022San Antonio, TX 78245-9022

Or call us toll-free at 1-888-214-0017, to inform us of your privacy choices.

Please allow approximately 30 days from our receipt ofyour privacy choices for them to become effective.

If you are also a customer of other Citigroup affiliates and you receive a notice of their intent to share certaininformation about you, you will need to separately notifythem if you do not want them to share such information.

v

✄

iv

Sharing with Citigroup Affiliates (Box 2)

Our ability to share information with our affiliateshelps us to more easily provide you with qualityproducts and services to meet your financial needsand goals.

The law allows us to share with our affiliates anyinformation about our transactions or experienceswith you. Unless otherwise permitted by law, we willnot share with our affiliates other information that youprovide to us or that we obtain from third parties(for instance, credit bureaus) if you fill in Box 2 onthe Privacy Choices Form.

Information for Vermont and California CustomersIn response to a Vermont regulation, we will automat-ically treat accounts with Vermont billing addressesas if you filled in Box 1 and Box 2 on the PrivacyChoices Form. And if we disclose personal informationabout you to nonaffiliated third parties with whomwe have joint marketing agreements, we will onlydisclose your name, address, other contact information,and information about our transactions or experienceswith you.

In response to a California law, we will automaticallytreat accounts with California mailing addresses as ifyou filled in Box 1 on the Privacy Choices Formand will not disclose personal information about youto nonaffiliated third parties except as permitted bythe applicable California law. We will also limit thesharing of personal information about you with ouraffiliates to comply with all California privacy lawsthat apply to us. To further restrict sharing with affiliates as described in this notice, you can fill inBox 2 on the Privacy Choices Form.

You can use your Citibank® Banking Card/Debit Card wherever you seethese symbols, as well as the additional symbols on the back of your card.

Note: Not all accounts are accessible at every ATM network machine. Assistance is also available 24 hours a day, 7 days a week, at phones located in Citibank ATMs.

CitiPhone Banking®

1-800-360-2484* For service in English press #

1-210-677-0065 to call collect from outside the U.S. and Puerto Rico

• To report errors or to ask questions about electronic transfers• To obtain current interest rates and annual percentage yields• For balance inquiries or other kinds of account information• To transfer funds between your accounts• To report a stolen, missing or damaged Citibank Banking

Card/Debit Card• To order checks• To request a stop payment on a check

Other Customer Service Telephone Numbers*

For the speech and hearing impaired,call our Text Telephone (TTY) 1-800-945-0258

Citibank® Online 1-800-374-9700Retirement Plan Services 1-800-695-5911

Text Telephone (TTY) 1-800-788-6775Citibank Everything Counts® Customer Service 1-800-616-4653Citibank MasterCard® or Visa® International

English: 1-866-537-9892Spanish: 1-866-537-9893

Internet http://www.citibank.com.pr

Citibank MasterCard® and Visa® credit cards are issued by Citibank (South Dakota), N.A.

* To ensure quality service, calls are randomly monitored and may be recorded.

© 2006 Citibank.Citibank, N.A. Member FDIC.Citibank is a registered service mark of Citigroup Inc.

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®

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