Citi® Supplier Finance Launches with WorldLink® Payment Services
Delivering the Power of the Global Trade and Payments Networks
Citi consistently invests in the Supplier Finance platform technology as a strategic priority to cater to our clients’ needs and achieve end-to-end digitization. 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.
Benefits of the new offering include:
- seamless access to WorldLink Payment and FX features
- ability to electronically onboard suppliers
- increased transparency to help manage supplier finance and foreign payment processes
- access to the new Supplier Finance dashboard providing clients and their suppliers’ program reporting at a glance
“Now more than ever, institutional clients are faced with challenges and the complexity of paying their suppliers around the world while ensuring working capital is effectively utilized,” said
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. By extending working capital cycles and helping reduce suppliers’ foreign exchange exposure along with creating mutually beneficial early payment opportunities can be a win-win for clients and their suppliers.
“As institutions increasingly become global and source goods from suppliers internationally, it is important for banks to support their clients with comprehensive supply chain finance and global payments solutions. Citi is a leader in the trade and payments space, and we are harnessing the synergies and strength of our
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 200 million customer accounts and does business in more than 160 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.