In 2008, I Tapan Chattopadhyay purchased a life insurance policy from AMERICAN LIFE INSURANCE COMPANY( ALICO) brokered by their official broker NRI BUSINESS DIVISION of Citibank N.A. India representative office in Bahrain( The BANK) for a endowment sum of US$200000.00 with a monthly premium of US$ 764.00 payable for a period of next 10 years. I was advised by the BANK to open a DOLLAR CHECKING ACCOUNT with Citibank Singapore Limited in Singapore in order to pay monthly premium towards the policy of ALICO here in their Bahrain office every... read full review »