Citibank, Banamex offer cross border credit card

Tuesday, June 15, 2004

Citigroup and its Mexican banking subsidiary Banamex have launched a new cross border credit card product, the banks said in a joint statement Tuesday.

A client in the US will receive a Visa or Mastercard issued by Banamex USA card, while a person of his or her choice in Mexico will be issued a Banamex card. The US account holder will receive a billing statement for both cards and can set a maximum limit on charges made through the second card in Mexico.

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