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Privacy | |
Citi | ||
Australia and New Zealand
Global Transaction Services
Services for Importers
Solutions for Importers Overview
Citi provides an array of products backed by state-of-the-art technology to help you conduct, monitor and control international commercial transactions, as well as mitigate the associated risks.
Citi offers you:
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• | Service of local trade experts who will work with you and the supplier |
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• | An end-to-end approach, to improve the efficiency of your commercial transactions |
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• | Global reach and local intelligence while helping transport goods |
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• | Knowledge of trade flows, legal and regulatory requirements and country-specific information |
With Citi, qualifying customers can:
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• | Minimise fees through end to end capture within the Citi hierarchy |
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• | Manage cash flows through financing in the same or selected currency |
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• | Structure payment terms and risk mitigation alternatives |
Import Letters of Credit
Citi offers importers a range of options - from efficient management of paper-based requests for letters of credit to a comprehensive, fully automated service that lets you:
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• | Initiate letters of credit electronically |
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• | Easily track the status of your transactions |
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• | Centralise your company’s LC reporting |
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• | Improve administrative efficiency |
With a Citi Import Letter of Credit, qualifying clients can delay payment for imported goods until after they are shipped and after the exporter complies with certain terms. You can also use an Import Letter of Credit to obtain financing for your international purchases even when the exporter cannot provide financing.
Import Documentary Collections
For commercial trade transactions, Citi’s Import Documentary Collections are a simple and cost-effective alternative to import letters of credit. Our efficient import collection services assure prompt payment to your supplier’s bank, thanks to its expansive presence and recognised expertise in international trade.
In fact, Citi’s extensive global network may enable us to act on behalf of both the importer and exporter in a trade transaction, thus benefiting document and payment flows and providing assistance with any dispute resolution.
Citi’s Import Documentary Collections help you:
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• | Manage transactions and collections in multiple currencies |
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• | Centralise import payable information |
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• | Receive electronic notification when import documents arrive |
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• | Simplify administration of commercial trade transactions |
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• | Reassure trading partner prompt remittance of payment |
Help Desk
Australia
1300 362 100New Zealand
0800 248 444Useful Links
http://www.citi.com.au/
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