Originally Posted by
fgirard
Can any banker set it up?
No. IIRC - all Citibank bankers have Series 7. But only designated CPWM personnel can set that up.
Originally Posted by
fgirard
However, the banker informed me that I need to go through my Private Bank rep to set that up. In fact, she mentioned to me that if I wanted to open another savings account, I would have to go through them as well.
It could be segmentation. But I doubt that is the case.
I believe the banker is simply lazy.
Originally Posted by
fgirard
Also, just to confirm, the Citigold Savings account and the Citigold MMA are the same thing? Because I thought I had opened a money market account, but when I went in to complete the paperwork, it showed Citigold Savings account.
They are not the same.
In theory, MMA comes with check-writing capacity but not for saving.
IIRC - Citibank's MMA does come with checks.