Citi rolls out real time liquidity sharing solution in APAC
Treasury teams can mobilize liquidity and fund intraday payments in real-time.
Citi has rolled out its Real-Time Liquidity Sharing solution in six APAC markets, including Singapore and Hong Kong, which will enable treasurers to manage intraday liquidity in real-time.
With Citi Real-Time Liquidity Sharing, treasury teams can mobilize liquidity and fund intraday payments across multiple accounts and entities in real-time, without having to bother with physical funding of the accounts, the bank said in a press release.
The solution enables companies to maximize their working capital and eliminates the need for manual funding and forecasting – saving hours of work and reducing the administrative costs associated with external and subsidiary borrowing.
The platform is launching across APAC six markets – Australia, China, Hong Kong, New Zealand, Singapore, and Taiwan – with other regions and additional markets to follow in line with client demand.
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