Citi Supplier Finance launches with WorldLink Payment Services

Citi’s Treasury and Trade Solutions (TTS) has launched a Supplier Finance offering, with WorldLink Payment Services (WorldLink). The bank says that this provides its clients access to the combined strength of the two platforms.

Leveraging one single point of implementation, the virtual interface delivers a streamlined setup and the opportunity for clients to transact across multiple currencies for settlement. This solution has launched in the US with plans to expand globally.

The bank says that the offering includes seamless access to WorldLink Payment and foreign exchange (FX) features, and the ability to electronically onboard suppliers. The interface is designed to give increased transparency to help manage supplier finance and foreign payment processes.