Payments

Comprehensive payments solution-globally and locally

CitiDirect^® Online Banking offers you a single point of contact for you to make payments from your Citi accounts to suppliers, partners, and employees, both domestically and internationally.

• Domestic and cross-border funds transfers
• Book funds transfers
• Cheques
• ACH/GIRO

Simplified, secure transaction management

CitiDirect Online Banking automates as many processes as possible, bringing uniformity to the payment transaction process. This simplified approach enables you to prepare payment files for multiple currencies and destinations while ensuring seamless integration into virtually any system around the world.

To guard against internal fraud and error, the CitiDirect platform provides online audit trails to track all system activity. Plus, a dual-control security capability enables second-party verification prior to processing for greater accuracy throughout each transaction.

Timely, accurate information

CitiDirect Online Banking provides access to accurate, real-time status on account structures across your entire organization, including detailed:

• Reports on cash balance, cash statements and transaction initiation, as well as reports related to WorldLink^® Multicurrency Transaction Services.
• Account statements and consolidated position reports.
• Transaction summaries by account number, value date, transaction type and currency.

The CitiDirect platform also makes it easy to initiate payment repairs, investigations and modifications online for faster resolution.

With multilingual global payments specialists available to help you develop a Web-based strategy that meets your needs, and our powerful reporting capabilities-CitiDirect Online Banking delivers the information you need to move, manage and invest your balances to streamline processes and reduce operational costs.

For more information on Payments through CitiDirect Online Banking, please contact a sales officer.

Payments features and functionality may vary by country. Please check with your Citi^® representative for more details.

Enhanced Security, Increased Flexibility

As technology is constantly evolving, it poses both challenges and opportunities. Citi is committed to helping keep you ahead of the curve, so you can focus on your business. Developed in the Citi tradition of customer-centered design innovation, the payments capabilities through CitiDirect increase your flexibility and give you a whole new way to bank reliably, with Citi security features.

• Secure, Flexible Design: Dual control security requires one user to input payments and another to authorize payments before they can be processed. Flexible design permits transaction authorization to be allocated to suit your specific needs, a valuable control mechanism that allows you to fine-tune multiple authorization levels within your organization.
• Detailed Information at Every Step: CitiDirect delivers all of the myriad details necessary to create, execute and save a transaction, in real-time. This minimizes processing errors by providing data upfront and allowing ample space for attaching commentary, before transactions are released to the bank.
• Easy Payment Repair: CitiDirect allows for easy navigation to payments which need repair. Payment repairs, investigations and modifications are readily available through the standard menu tabs.
• Up-to-date, Online Support at Your Fingertips: You can check the status of a payment that is pending or has been released - anytime and anywhere you choose. In addition, CitiDirect allows you to view all the payment details, online and in real-time.

For more information on Payments through CitiDirect, please contact any Global transaction Services Officer.