Enhancing online security has always been our priority. At Citibank, we are committed to making Citibank Online a secured banking environment for you against online fraud.
Effective 1 January 2013, your existing Online Security Device (OSD) will be replaced with a new enhanced device. Besides generating a One-Time PIN (OTP) for login and other online transactions, this device offers a more sophisticated authentication process called Transaction Signing, when performing the following transactions:
Adding a new payee
Updating your email address
Performing a high-value funds transfer
Sending a secured message
Release date
2020
Source
http://citigold.com.sg/use_device.htm