Citi Launches Real-Time Funding Solution in Key Markets

Author

Slice of Finance Team
13 Jun

Key Highlights:

  • Citi Real-Time Funding (RTF) now available in Australia, Hong Kong, and the United Kingdom

  • Automated and instant funding between intercompany accounts 24/7, including afterhours and weekends

  • Reduces need for account buffers, prefunding, and borrowing

  • Consolidated view of intercompany loans and cash positions in one report

Source (Business Wire)

Notable Quote

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“With the introduction of Citi RTF, Citi continues to deliver best-in-class, real-time treasury solutions to help our clients remain competitive and agile. With the proliferation of instant payments and evolving business models, treasuries must be able to support rapidly growing, 24/7 cash flows.”

Stephen Randall, Global Head of Liquidity Management Services at Citi Services

Our Take:

Citi's launch of the Real-Time Funding (RTF) solution marks a significant enhancement in the realm of corporate treasury management. By enabling automated and instantaneous fund transfers across borders and time zones, Citi RTF addresses critical pain points for corporate treasurers, such as the need for account buffers and prefunding. This innovation is particularly timely given the growing demands for 24/7 liquidity management in an increasingly global and real-time financial environment. The integration of real-time data and automation in Citi RTF not only optimizes liquidity but also supports lean treasury teams in maximizing efficiency. This move reaffirms Citi's commitment to providing cutting-edge solutions that keep corporate clients agile and competitive in today's fast-paced market.