Citi Launches Real-Time Liquidity Sharing Solution
(27 July 2021 – Asia) Citi has launched a new real-time liquidity sharing solution, aimed at assisting companies looking for improved efficiency in liquidity and working capital.
The tool allows treasuries to mobilise liquidity and fund intraday payments across accounts and entities in real-time without the need for physical funding of the accounts, saving time and administrative costs.
The tool is launched in six markets across Asia Pacific including Australia, China, Hong Kong, New Zealand, Singapore and Taiwan, with other regions to follow in line with client demand.
“Beyond treasury automation, our new solution further complements how we are helping clients realize true eCommerce and real-time growth potential, by bringing embedded instant payments and liquidity solutions on a 24x7 basis,” said Citi Asia Pacific head of liquidity management services for Treasury and Trade Solutions Sandip Patil.
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