Products & Services

Cash Management

Electronic Banking

Trade Services

 

Treasury

 

Citiservice

 

Corporate Finance

 

 

 

 

Securely, efficient and remote capabilities

 

Citibank Paylink

 

Citibank's premier payment product, enabling a complete outsourcing of the payment process to Citibank for productivity, time and cost savings to our customers. Citibank Paylink requires data creation, authorisation at customer's offices and transmission via on-line modem to Citibank where payment is authenticated and securely processed either as cheques or Electronic Funds Transfers to beneficiaries at Citibank or other banks.

 

Citibank Paylink can also be interfaced with accounting systems to receive payment data prior to transmission on-line to Citibank. SAP R/3, JD Edwards, SUN and most major accounting systems have been successfully interfaced with Citibank Paylink. Citibank Paylink also incorporates a preformat library, which can be used for regular payment instructions of suppliers, and beneficiaries.

Citibank Paylink offers a fast, convenient, reliable and secure way to effect payments, including:

• Electronic Payroll Processing
  
• Regional Payments Services
• Accounts Payable Process Management
  
• Customs and Duty Payments
  
• Mass Payments Processing for Dividends, etc
• Foreign Currency/ Money Market Deal initiation

 

Benefits of Citibank Paylink:

 

• Time and cost savings
• Elimination of check order, printing and signing process
  
• Convenient, Flexible and adaptable system
  
• Enhanced reconciliation
  
• Facilitates straight through processing
  
• Security and control.