Citi recognized as Innovative Leader in Customs Management

World Customs Organization recognizes Citi's contribution to driving efficiency through online electronic transactions

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Citi was recently honored with special recognition from the World Customs Organization (WCO) as a leading organization in innovation, progress and development in the field of customs management. As an organization, we are continuously challenged to innovate so that we may provide our clients with the best possible products and services. This spirit of innovation helped us to develop our eCustoms platform, which has shortened our client's cash conversion cycle, improving efficiency and ultimately increasing profitability.

CitiConnect for Customs, Citi's electronic payment module forming part of eCustoms, has not only increased efficiency and reduced customs clearance times around the clock, 24/7, it has also helped to reduce paper invoicing and conserve precious environmental resources. Since its launch in 2007, eCustoms has been a key productivity tool for Citi clients and garners strong growth year-on-year.

We are grateful to WCO for recognizing Citi's contribution to driving efficiency through online electronic transactions and look forward to continuing our partnership with Royal Thai Customs as we prepare to roll out CitiDirect BE, our award-winning collaborative online banking platform, which integrates mobile technologies and next generation security features.