WorldLink® Overview
WorldLink® Payment Services is Citi´s cross-border banking solution that helps you streamline your payables processes. The WorldLink solution enables you to issue payments in over 135 currencies right from your office using a range of payment options.
The best way to move money around the world for more than 20 years
When you choose WorldLink Payment Services, you will benefit in many ways.
- Flexibility. Choose from a range of payment options including electronic Funds Transfers, Checks, Cross Border ACH and Cash.
- Minimized Risk. The WorldLink solution helps you decrease exposure to check fraud, counterparty risk, clearing requirements, and exposure to currency devaluation.
- Cost Savings. With the WorldLink service, the need for multiple foreign currency accounts and the idle balances is eliminated, as are the extra charges and time-consuming reconciliation that are often required.
- Security. All transactions are protected by sophisticated encryption technologies, access restrictions and authentication procedures.
- Streamlined Clearing. WorldLink transactions adhere to most local clearing requirements and all laws and regulations improving clearing times and reducing costs.
- Competitive Foreign Exchange Rates. Currency purchases are aggregated across transactions for better rates.
Businesses and financial institutions alike can take advantage of the WorldLink service - accessible through a variety of delivery platforms:
- 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
