Citibank plans to introduce Citibank Mobile Financial Services to Hong Kong in Q3 2008. The bank’s online customers accessing the Internet using their mobile handsets will be able to enjoy a range of banking services anytime, anywhere. This service will also be available on the latest iPhone 3G.

Citibank Mobile Financial Services is device- and network-independent, and is compatible with most common mobile operating systems and browsers. This new channel is specifically designed to enhance the customer experience through improved download time, increased user friendliness, and simpler navigation and interface.

The first batch of services available on this mobile channel includes trading of Hong Kong stocks, transfer of funds to Citibank accounts around the world, payment of bills directly from Citibank accounts, etc. More services will be launched at a later stage.

Citibank is also developing a mobile banking application that takes advantage of the innovations in the revolutionary iPhone 3G. This application will be launched with Citibank Mobile Financial Services in Q3 this year.