WorldLink® for Banks
WorldLink® Payment Services provides financial institutions the ability to access a sophisticated payments system without making a significant investment. With the WorldLink solution, you will be able to offer your corporate and consumer customers a simple, easy, and secure way to make cross-border transactions.
Working through your institution´s current system, your customers can:
- Issue payments in a number of ways including wire transfers in over 135 currencies and checks in over 30 currencies
- Avail of WorldLink´s ACH payment option in up to 11 currencies and 21 countries for local electronic payments
- Reduce chance of fraud with Citi´s match pay reconcilement process and advanced security features embedded on WorldLink´s checks
- Fund multiple payments through a single settlement in the primary currency of your choice, thus reducing the number of Nostro Accounts for Funds Transfer Payments
- Reduce counterparty risk and exposure to currency devaluation
- Avail of WorldLink’s Beneficiary Deduct services for electronic funds transfers and checks in up to 39 currencies
- Avail of co-branding functionality for the issuance of Onsite Checks
- Outsource Check Printing for High Volume Check payments
All this is delivered in a platform that best suits your needs:
- WorldLink through CitiDirect® Online Banking for those who prefer a browser-based platform
- WorldLink through File Transmission for enterprise-wide systems like SAP®, Oracle® and JDE®
- WorldLink via SWIFT™ for financial institutions that use SWIFT
