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Sep 26, 2014
Citibank announced Tuesday the launch of its new Access Account. This account will be a checkless banking account that doesn’t allow customers to overdraw their accounts or incur fees. According to Head of U.S. Retail Banking at Citibank Will Howle, “The new Citibank Access Account provides customers with a simple way to manage their finances.” As a checkless account, the Access Account uses online or mobile payment tools instead. The account will simply deny a transaction if you try to make a purchase without enough money. This will make sure you do not incur any overdraft fees....