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Trade Transaction & Payment Services

Background

Getting paid for international transactions, commonly known as Export Receivables, is very different from collecting payments from local companies due the extra documents and processes involved. Key…

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Trade & FSC Management

Citigroup announces new European commodity trade division

by CTMfile

Citigroup has created a new commodity trade division to conduct business in Europe as it seeks to take advantage of the decisions of several other banks to reduce exposure to the area, the Financial Times reports.

Cash & Liquidity Management

Citi Launches Renminbi Cash and Trade Solutions in the UK

by CTMfile

EMEA is the second largest trade partner with China, and the European market has been quick to adopt RMB denominated transactions. (According to the SWIFT RMB Tracker, Europe currently represents 47% of RMB global p