Make payment in any foreign currency using WorldLink
Services is a complete cross-border payment
system serving corporations and financial institutions worldwide. It provides
a convenient, reliable and cost-effective way of making payments in
countries around the world in the currencies of the countries.
How does it
Information and instructions are accepted via
multiple methods, including PC-based software (both DOS and Windows versions),
SWIFT and electronic file transfer.
WorldLink encompasses both draft (cheque) and
electronic transfer capabilities through WorldLink Cheque,
WorldLink Remote Cheque and WorldLink Electronic
The WorldLink software is both PC, Internet and
Multiple security levels including data
encryption, Des gold generated dynamic passwords and ID assigned
WorldlLink Check allows
you to draft a foreign currency check at your own office, allowing you to
control the entire issuance process from production through mailing.
WorldLink Remote Cheque
is a foreign currency payment cheque drafted by Citibank’s operations center
in Buffalo, New York or London
WorldLink Electronic Funds
Transfer is the issuance of payment details to Citibank so that
Citibank can initiate an electronic transfer of foreign currency to a
What are the
Issue or request payments in up to 100 currencies, including the Euro, from
you own offices. Available payment types include on-site cheques, remote cheques,
funds transfers and international ACH. Foreign exchange is integrated
into the payment processing cycle for maximum ease.
With this one product, you can handle virtually all of your foreign
currency payment needs. We estimate that 95% of international cross-border
transactions are covered by currencies included in
Because you use your own
IBM-compatible personal computer and the WorldLink Payment
Services software, you have total control over your payment
requests. You place payment orders at your convenience. For regularly sent
transfers, you can maintain a database of predefined transaction information
to further simplify payment request preparation. Through the reach of
Citibank’s global network, you can view and print daily reconcilement in every
currency, up-to-date cheque status information, automatic replenishment of
cheque stock and immediate stop payments for most currencies.
Support: As a Citibank client you are assured of the highest
levels of customer service. Full support is provided for implementation as
well as on an on-going basis to ensure a smooth functioning of your foreign
currency payment system.
Provider: Citibank is a worldwide leader in the cross-border payment
and collection services industry. Citibank is continually building upon
its advanced processing systems, global banking presence and integrated
communications network to offer an edge in international cash management.