Market Overview

Citi's WorldLink® Payment Services Expands Cross-Currency ACH Offering to 60 Countries


Citi's Treasury and Trade Solutions (TTS) has expanded its WorldLink®
Payment Services (WorldLink®) cross-border ACH capabilities to 60
countries. WorldLink® offers a simple, global and digital
cross-currency payments solution with service offered across a range of
payment options in 135 currencies and 195 countries.

"We are focused on delivering the power of Citi to our clients by
building integrated global solutions that connect our clients to every
part of our continuously expanding global payments network in an
efficient and consistent manner," said Manish Kohli, Global Head of
Payments and Receivables, Citi Treasury and Trade Solutions. "This
expanded capability will offer clients the ability to participate in
commerce in new markets, through low cost payment options delivered
through digital channels."

Citi has expanded WorldLink® functionality to enable users to
send cross-border ACH payments into ten additional markets in the
Europe, Middle East and Africa (EMEA) region. In addition, nine
cross-border ACH corridors are in the advanced stages of development for
planned delivery in early 2018. Once implemented, this will allow
WorldLink® users access to file based cross-border ACH
solutions in a total of 34 currencies and 69 countries. WorldLink® offers
an unparalleled solution delivering cost efficiencies, automation,
consistent reporting, robust security, and compliance with evolving and
complex regulatory requirements.

Nick Pedersen, managing director, EQ Global commented: "Embracing and
leveraging the smartest, most efficient cross-currency payments
solutions is fundamental to powering our business. Citi's consistent
efforts in developing best in class cross-border capabilities support
Equiniti and help us sustain our competitive advantage".

WorldLink®, Citi's flagship institutional cross-border payments
solution, leverages the latest technology and serves over 3,500 clients
by processing over 50 million payments a year, cumulatively valued at
$250 billion into over 195 countries. WorldLink® uses an
extensive network built upon Citi's on-the-ground branch presence which
provides direct access to approximately 250 local and regional clearing

Citi Treasury and Trade Solutions (TTS) enables our clients' success by
providing an integrated suite of innovative and tailored cash management
and trade finance services to multinational corporations, financial
institutions and public sector organizations across the globe. Based on
the foundation of the industry's largest proprietary network with
banking licenses in over 90 countries and globally integrated technology
platforms, TTS continues to lead the way in offering the industry's most
comprehensive range of digitally enabled treasury, trade and liquidity
management solutions.

About Citi:

Citi, the leading global bank, has approximately 200 million customer
accounts and does business in more than 160 countries and jurisdictions.
Citi provides consumers, corporations, governments and institutions with
a broad range of financial products and services, including consumer
banking and credit, corporate and investment banking, securities
brokerage, transaction services, and wealth management.

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