Citi Announces Citi Global Collect B2B Payment Platform

Citi has launched a new cross-border platform to help its multinational clients manage the complexities in collecting cross border business-to-business payments, by digitizing the transaction process and embedding FX

Benzinga · 11/20/2019 14:05

Citi has launched a new cross-border platform to help its multinational clients manage the complexities in collecting cross border business-to-business payments, by digitizing the transaction process and embedding FX capabilities. Citi® Global Collect, a collaboration between Citi's Treasury and Trade Solutions (TTS) and Foreign Exchange (FX) businesses, will help multinational clients continue to extend their global reach, making it easier to collect funds from overseas payers and apply cash faster.