November 21, 2019Blog Posts

Citi Helps Clients Collect Cross-Border B2B Payments with a New Platform, Citi® Global Collect

Digital Transactions

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.

“In today’s digital economy, clients must scale quickly into new markets to remain competitive. At Citi, we are arming our clients with the technology to enable expansion and sustain growth by automating key aspects of their core operations and improving the end-to-end user experience,” said Manish Kohli, Global Head, Payments and Receivables, Citi.

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