Citi has announced the launch of Citi Real-Time Funding (RTF), the newest addition to its real-time treasury suite for corporate clients. Citi Real-Time Funding is now available in Australia, Hong Kong, and the United Kingdom, with plans for expansion to additional markets later this year.

Citi RTF facilitates the automated transfer of funds between cross-border accounts based on predefined rules set by the client, ensuring cash availability when and where it is needed. The solution offers the following benefits:

  • Automated and instant funding between intercompany accounts on a 24/7 basis, including intraday, after hours, weekends, and holidays.
  • Reduced need for account buffers, prefunding, and borrowing.
  • Timely and automated release of payments, both domestically and internationally.
  • Consolidated view of intercompany loans and cash positions in one report.

“With the introduction of Citi RTF, Citi continues to deliver best-in-class, real-time treasury solutions to help our clients remain competitive and agile,” said Stephen Randall, Global Head of Liquidity Management Services, Citi Services. “With the proliferation of instant payments and evolving business models, treasuries must be able to support rapidly growing, 24/7 cash flows. Citi RTF complements our existing treasury products like Real-Time Multibanking, On-Demand Sweeps, and Real-Time Liquidity Sharing that are powering our clients’ journeys to real-time liquidity management.”

Citi RTF is a unique offering that helps corporate treasurers optimise liquidity and make funding decisions with real-time data, while also automating traditionally manual processes for 24/7 account monitoring and complex cash forecasting. This solution is particularly beneficial for companies with a lean treasury team or a centralised liquidity structure, enhancing treasury efficiency and performance.

Citi’s comprehensive suite of liquidity management offerings provides cross-border and cross-currency cash pooling solutions across its global network. With the addition of Citi RTF, Citi continues to bring innovative solutions designed to address the evolving needs of corporate treasurers, enabling their businesses to compete in an increasingly 24/7, real-time environment.