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Euro Clearing Service

“CitiFT”
Best Payment System Award Winner
2005 Financial Times / Banker Tech Awards

The Euro is firmly established as a key global currency, but the continually evolving payments market and changing regulations in Europe can pose challenges for financial institutions wishing to support their clients’ Euro flows.

Depend on Citi, an established, trusted provider to help you navigate the complex European clearing landscape. We have offered Euro clearing services in all Euro zone countries since introduction of the Euro in 1999, and are active leaders in several industry organizations, including SWIFT, the European Payments Council, and initiatives to establish the Single Euro Payments Area (SEPA).

With Citi’s Euro Clearing Service, you gain:

  • A reliable provider of market-leading Euro clearing services
  • Enhanced Euro routing efficiency and straight-through processing
  • Flexible charging options: Beneficiary Deduct, Credit Fee Deduct and Full Value Transfer
  • Access to your Euro accounts via SWIFT™ or the CitiDirect® Online Banking platform
  • The ability to combine EUR with CHF and GBP clearing for a full European clearing solution through a single service and delivery point