Collection Products

SpeedCollect for Mobile

Citibank has developed this customized bill payment and reconciliation system for cellular phone companies. Mobile phone subscribers enjoy the flexibility of paying their bills through local checks at Citibank branches or designated TCS Express Centers as well as in cash at designated branches of correspondent banks. Regardless of where the payment has been made, we have a sophisticated monitoring system in place to ensure timely consolidation and download of the data to the cellular companies.

Citibank is responsible for end-to-end monitoring of the process and all queries are handled by our dedicated customer service unit, insulating the customers from having to deal with any other banks or courier companies. This pioneering initiative is a win-win scenario for the mobile phone companies and their subscribers, in the spirit of innovation and product leadership that has become the hallmark of our cash management product portfolio.