He asked in ref to citibank For Citibank is means North America. It is used to determine what part of the world you are dealing with (citi is gloabal). The original post referred to Citibank. Call 800-950-5114, enter your 16 digit accuont # 9t (that is if you have a Ciitbank card), press or say 5 for customer service rep and ask them yourself. This applies to student loans as well as credit cards. I also know that this applies to some banking that deals with Amex because I work with them on a daily basis. Your credit card companies may use this abbreviation for something else but the original post asked for Citibank.
I thought NA was Citibank's answer to me when I applied for their card - they looked at my credit and said "NA". : )
I just got a check that was drawn on a BofA account. It says: Bank Of America NT & SA Anyone care to elaborate on "NT" and "SA"????
Re: He asked in ref to citibank The cs rep did not know what they were talking about. NA stands for National Association. It is used by banks in the United States as a way of getting the word "national" into their name, which is a legal requirement under certain banking regulations.
Re: He asked in ref to citibank Jeff is absolutely right. It stands for "national association," which means "national bank." National banks either go by "XYZ National Bank," or "XYZ Bank, N.A." Bank of America, NT&SA stands for "National Trust and Savings Association." The signs on their doors used to give the complete, unabbreviated name.
Thanks George and Jeff. I also saw it all over the place on the FDIC website. It's so common people don't usually even notice it. I seriously doubt it has a darn thing to do with inquiries.
Na = Sodium Atomic Number (number of protons): 11 Atomic Mass (number of protons plus neutrons) of most common isotope: 23 Class: Alkali Metals Density: 0.97 g/cm3
I applied for a silver, was denied, talked my way into it via PF. Disputed the few remaining derogs on EQ and score shot to 624 and no new negs. Applied online for gold. Called rep and asked if I was approved for gold, he said yes and asked me if I wanted to combine. I said yes, into Platinum Select. He said fine, we'll do this with no inquiry since we had to pull the report three times for the silver and gold and don't want to hurt your score "his words" I asked him if I could go for a silver or gold AA for the miles. He said why not platinum world MC? I said if I can get it with no inquiry, sure thing. He gave me a $4000 limit on that, but I can spend over and pay that extra off monthly with their authorization. With $10000 of Citi credit, a $5000 AMEX LOC, and the paltry $1,550 I can access through 2 sub prime and 1 retail card, I would not do this. I simply do not make enough money to be charging thousands on cards then paying off the excess. Steph
THe CS rep checked with the supervisor and said for Citibank when followed by South Dakota means NA. IT would depend on the bank and where it is being used along with their name. It makes no sense to say Citibank South Dakota and then National Association. If it meant that then it would be Citibank NA South DAkota. And for WElls Fargo in relation to Amex wire transfers you it says NA and in parenthesis it says North America. This is posted rigtht by my desk at work directly from AMEx Corporate. LIke I said for other banks it may mean something else and how they use it too. PS Citigroup has a lot of branches and the one I am talking about it only one of the many. Citibank New York as posted in Jeffs thread is another branch. But Author asked in reference to Citibank SOuth Dakota, NA.
Ok Molly. Let me just say that cs reps and their supervisors are not really "bankers" nor experts in banking. I do have an expertise in this area. I will let this go as I do not want to pick a fight with you over this. The board can come to their own conclusion. Have a great day. Jeff
605-331-2626 South Dakotas Direct Number. I spoke tho three different managers and they all said NOrth America. Although the cs rep orginally told me national affiliate. NA=National Association of what????? Wouldn't there be something after it like B for banking or S for securites.
I sued to work for what is now Bank of America, N.A. It stands for National Association and is a designation banks are allowed to use according to a criteria which I've long since forgotten.
The bank itself is the "association." For some reason, banks aren't allowed to call themselves "corporations." So they call themselves either "banks" or "associations," or both.
Check out the following name, which is familiar to many of us: Chase Manhattan Bank USA, N.A. USA is the geographic designation, just as South Dakota and USA are for Citibank. Then N.A. is the designation of the business entity, a bank that can't call itself a corporation and must indicate its status as a national (as opposed to state) bank.
