Computer Business Review

Citibank and 7-Eleven forge ATM deal

by CBR Staff Writer| 04 April 2006

Citibank will be providing ATM services to more than 5,500 7-Eleven stores in the US as the result of a new agreement.

The free service will allow customers to withdraw money and transfer funds between primary checking and savings accounts across 31 states. 7-Eleven also announced that it was positioning itself to accept consumer bank deposits, beginning with Citibank.

We realize our customers are busy and may not have a Citibank Financial Center nearby when they need to use an ATM, said Maura Markus, president of Citibank North America.

By partnering with 7-Eleven, we're increasing our ATM locations five-fold, this means greater accessibility and ease for our customers and 5,500 more locations for surcharge-free cash transactions. Banking with Citibank is now more convenient and can be done while you're picking up 7-Eleven favorites like coffee, newspapers and fresh-made sandwiches.

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