Dear Valued Client,
Pakistan - Issuance of Payment Orders and Demand Drafts
Citi will be implementing controls for processing of Payment Orders (Pay Orders/ Managers Cheques) and Demand Drafts.
Starting 1st October, 2017, each of the below fields will be marked mandatory. All pay order and demand draft issuance requests that do not contain the mandatory requirements, or do not comply with the new CitiDirect upload maps or CitiConnect file specifications, will be rejected by our systems.
The following information will be required at a minimum as part of each Payment Order/Demand draft issuance instruction.
As part of these changes, Citi will be introducing the additional fields on the CitiDirect user interface (UI) and upload file maps, as well as CitiConnect file specifications, to capture the information required by regulation.
The above fields will be introduced on 7th August, 2017 as optional fields. Please ensure your files either contain a valid value for these fields or it is kept blank to avoid any rejection. As communicated above, the fields will be marked mandatory starting 1st October, 2017.
To avoid any impact to your operations, we recommend you take the following actions:
Should you have any issues or questions relating to the above, please do not hesitate to contact your Citi Representative.