CITI WORLDLINK PDF

Leveraging one single point of implementation, this virtual interface delivers a streamlined setup and the opportunity for clients to transact across multiple major currencies for settlement. This solution has launched in the U. Through the new enhancements to the Citi Supplier Finance online portal, clients can manage the dual work streams of supplier financing and foreign currency conversions at the same time, helping to minimize costs of implementation and realizing potential resource efficiencies. As a global leader in supply chain finance, Citi has more than 17 years of direct experience, supporting tens of thousands of clients and their suppliers. Citi Treasury and Trade Solutions TTS can help to enable our clients' success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe. Based on the foundation of the one of the industry's largest proprietary network with banking licenses in over 90 countries and globally integrated technology platforms, TTS continues to be a leader in offering one of the industry's most comprehensive range of digitally enabled treasury, trade and liquidity management solutions.

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Leveraging one single point of implementation, this virtual interface delivers a streamlined setup and the opportunity for clients to transact across multiple major currencies for settlement. This solution has launched in the U. Through the new enhancements to the Citi Supplier Finance online portal, clients can manage the dual work streams of supplier financing and foreign currency conversions at the same time, helping to minimize costs of implementation and realizing potential resource efficiencies.

As a global leader in supply chain finance, Citi has more than 17 years of direct experience, supporting tens of thousands of clients and their suppliers.

Citi Treasury and Trade Solutions TTS can help to enable our clients' success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe.

Based on the foundation of the one of the industry's largest proprietary network with banking licenses in over 90 countries and globally integrated technology platforms, TTS continues to be a leader in offering one of the industry's most comprehensive range of digitally enabled treasury, trade and liquidity management solutions. Citi, the leading global bank, has approximately million customer accounts and does business in more than countries and jurisdictions.

Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www. About Citi Citi, the leading global bank, has approximately million customer accounts and does business in more than countries and jurisdictions.

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Citi Enhances Worldlink® Payment Services Capability for Making Payments in RMB

In addition, nine cross-border ACH corridors are in the advanced stages of development for planned delivery in early Nick Pedersen, managing director, EQ Global commented: "Embracing and leveraging the smartest, most efficient cross-currency payments solutions is fundamental to powering our business. Citi Treasury and Trade Solutions TTS enables our clients' success by providing an integrated suite of innovative and tailored cash management and trade finance services to multinational corporations, financial institutions and public sector organizations across the globe. Based on the foundation of the industry's largest proprietary network with banking licenses in over 90 countries and globally integrated technology platforms, TTS continues to lead the way in offering the industry's most comprehensive range of digitally enabled treasury, trade and liquidity management solutions.

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Citi partners with WorldLink to enhance supply chain offering

This new enhancement allows for a significant reduction in settlement time to as little as two days, which represents an improvement of more than a week. This reduced settlement timeframe offers one of the best clearing times available within the cross-border payments market. Continued expansion of this plan has allowed WorldLink Payment Services the opportunity to extend its capabilities in making cross-border payments in this currency. Unlike other cross border payment providers, WorldLink has been effecting RMB payments to China for the past seven years.

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For over 30 years, the WorldLink solution has been successfully enabling our clients to issue payments in more than currencies, right from their offices via a single window - without having to maintain local currency accounts. The WorldLink solution helps you decrease exposure to check fraud, counterparty risk, clearing requirements and exposure to currency devaluation. With the WorldLink service, the need for multiple foreign currency accounts and the idle balances are eliminated, as are the extra charges and time-consuming reconciliation that are often required. All transactions are protected by sophisticated encryption technologies, access restrictions and authentication procedures. WorldLink transactions adhere to most local clearing requirements and all laws and regulations improving clearing times and reducing costs. Clients of WorldLink Payment Services always have access to Citi's global support network with local service hubs located around the world. Our knowledgeable service representatives can be reached by phone, fax or e-mail.

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