Citi Global Transaction Services is a leading provider of cash management, trade, securities and fund services, to financial institutions and corporate clients around the world. With a global network spanning 90 countries, we are uniquely qualified to service clients with local and cross-border interests and provide integrated reporting and management.
Cash Management Services
The foundation of Citi's cash management service is the provision of domestic and multicurrency accounts together with account structuring facilities. This is complemented by payment and collection capabilities to assist customers optimise their cash flow cycle and improve operating efficiencies. Our solutions range from domestic and foreign currency payment capabilities, to collection services including online invoice presentment and payment and cheque collection services.
Our award-winning corporate Internet banking solution, CitiDirect® Online Banking, supports this range of products and services. It offers full access to account information for domestic and foreign currency accounts, the ability to initiate domestic and cross-border payments and is seamlessly supported by a robust security infrastructure. In addition to the transaction initiation capabilities, CitiDirect® provides file import and export functionality and delivers timely reporting information.
New to our Cash Management product inventory is "Citibank Online Investments". Available through CitiDirect ®, Online Investments provides you with the ability to view live rates and book AUD and USD term deposits with Citi Australia throughout the working day. Settlement to your current account is instantaneous and you can print out a record of your transaction immediately. You can also access user-friendly reports of all transactions booked online to better manage your cash forecast.
For more information on this free, convenient and secure service, please contact your usual Citi representative, or Citiservice Australia on 1300 362 100.
Current Australian Rates
| Product | Interest Rate % p.a. ^ |
| Premium Cash Management Account* | 4.25 |
| Cash Management Account* | 3.10 |
| Wholesale Deposit** | 2.40 |
| Gold Deposit** | 1.85 |
| Standard Deposit** | 0.30 |
| Prime Lending Rate* | 10.75 |
** Interest Rates effective 01 June 2010. Margins may apply.
Securities Services
Our custodial business, Global Securities Services, is the fastest growing domestic custodian in Australia and New Zealand and currently has assets under custody of A$100 billion. Globally, we are the recognised leader in custody of cross-border assets, the provision of global securities, depository receipt services and agency and trust services. We have more than 2,500 customers in this business and over US$6.6 trillion in assets under custody.
Citi is the only custodian in Asia Pacific capable of offering a single instruction and reporting interface for all markets or a direct interface with individual countries. Our branch network of 48 locations ensures consistent transaction processing worldwide, proprietary control of clearing cycles and reduced risk in all cross-border transactions.
Trade Services
Citi Trade Services offers both the tools and expertise you need to meet all your business goals. Our trade solutions are designed to help you effectively manage risk and optimise cash flows - all supported by the unmatched global capability and local knowledge of Citi.
The Financial Products and services referred to on this page are available to wholesale clients through Citibank NA, Sydney Branch (ARBN 072 814 058). These services are not available to retail clients.