Quick Cash

Accounts

Quick Cash

Enjoy the benefits of readily available cash from the available credit limit on your Citi credit card. Convert your unutilized credit limit to cash on either your preferred Citi account or an account from another bank.

Singapore

Convert your credit into cash

Customers can leverage the Citibank's Quick Cash feature to convert their unutilized credit limit into cash in their Citi account or in a bank account from another bank of their choice.

Secure identification

Customers can enroll for a Quick Cash loan by registering with their preferred Citi credit card. This allows them to verify their identity without compromising on their security. 

 

Refer to API Callout 1 to find out how to generate a card access token.

API(s) Callout

View Api Callout 1 >

Customers validate the one-time password

Customers complete their registration by validating the one-time password sent to their Citi-registered mobile number. They’ll receive a notification from their bank after a successful registration.

 

Once customers validate their one-time password for one-time registration, the range of loan amounts they are eligible for is calculated and displayed so that the customer can choose their desired amount from within that range.

 

Refer to API Callout 1 to find out how to activate an card access token and API Callout 2 for information on loan eligibility.

API(s) Callout

View Api Callout 1 > View Api Callout 2 >

Display of eligible loan amounts and interest rates

Upon selection of a loan amount, various interest rates and tenors are offered to customers. Customers can choose the payment plan of their convenience.

Once the payment plan is selected, the available disbursement options are displayed to the customer.

 

Refer to API Callout 1 for loan booking plan details and API Callout 2 for the loan disbursement option.

API(s) Callout

View Api Callout 1 > View Api Callout 2 >

Selection of disbursement option

Customers can either select their Citibank account or a bank account from another bank of their choice. 

 

 

Confirm cash loan details

Customer can review their cash loan details and agree to the Terms and Conditions to proceed with the loan booking. 

Understanding interest rates

Customers can refer to the information displayed that explains the Effective Interest Rates(EIR)applicable to the program, and can then click 'Agree' to provide their consent.

 

Refer to API Callout 1 for Quick Cash loan booking.

API(s) Callout

View Api Callout 1 >

Customers validate the one-time password

To proceed with loan booking, customers need to validate the one-time password sent to their registered mobile number. 

 

Refer to:

  • API Callout 1 for how to retrieve the public key used for encryption.
  • API Callout 2 for how to validate the one time password.
  • API Callout 3 for how to re-generate and send the one time password.
  • API Callout 4 for how to confirm the authorization of a purchase done using card.

In an ideal scenario, APIs 1, 2, and 4 would be called.

API(s) Callout

View Api Callout 1 > View Api Callout 2 > View Api Callout 3 > View Api Callout 4 >

Cash loan confirmation

Customers receive a confirmation message with loan details and a reference number once their request is submitted successfully.