Equals Group, an e-banking and international payments group, has announced that it has entered into a global relationship with Citi Commercial Bank.
The group says it will leverage Citi’s global footprint to enhance its current product offering and bring efficiencies to current processes. Citi has local settlement and clearance capabilities for payments in over 90 countries. Equals says that the partnership will improve the experience for its customers through faster settlement while the group itself will receive reduced transaction costs. The partnership will also increase the number of currencies Equals is able to offer clients, with more than 135 being available on Citi’s WorldLink platform.