Citibank fees really do escalate though if you use your account a lot. Every transaction is quite expensive - for example, the cost of a withdrawal is a percentage of the amount, so the yearly cost can be quite significant. The online banking system is very good though.
I did a check to see exactly what the HUF non-business a/c costs, (in my case):
The monthly charge is 400huf: made up of
monthly a/c maintenance: 300
some other non-descript type of monthly maintenance: 50huf
and an 'Internal transfer' charge, 52huf, also applied monthly (this could be a charge to me for incoming rent).
I also dusted off and used my citicard ATM during the week. I withdrew a small round figure(€100) so that I could work out the percentages easier.
You lose 5% on the exchange rate to begin with, as expected (253 v 265 ), and then a 1500 (€6!) min charge for each transaction, or 1% of total, whichever is more.
So using your ATM is very expensive to withdraw outside Hungary.
My €100 cost me about €10 to withdraw, but €600 would also have cost roughly the same.
When all HUf a/c's are transferred to Euro a/c's in the years to come, it will be much cheaper to withdraw money, as the EU regualtions only cover withdrawing
Euro's in any EU country, and not other currencies. Cost is €1.20 per transaction anywhere in the EU (from what I can see on my AIB a/c from numerous countries).