Citi PayLink is a comprehensive, technology-based local currency disbursements solution. The system allows customers to initiate payments in a secure manner using Citi's proprietary software.
Citi PayLink is designed to provide a one-stop, one-window solution for all local disbursements.
Widespread Coverage. Countrywide coverage is provided through correspondent banking arrangements, giving you the flexibility to issue instruments that clear across the country.
Hassle Free Transactions. You are insulated from having to deal with individual banks on whom instruments may be drawn. These details are handled behind-the-scenes by Citi, allowing customers to enjoy the benefits of automation and superior Citi service for all PayLink transactions.
Highly Secure. Payments can be entered individually into the user-friendly system or imported from an accounts payable system, thereby eliminating duplication of effort and minimizing errors. Transactions are authorized electronically and transmitted to Citi using a local dial-up connection in a secure environment. Once transactions have been received and authenticated by Citi, PayLink instruments are printed, signed and dispatched by Citi.
PayLink streamlines a wide array of local currency payments, including vendor and supplier payments, taxes and other government levies and employee salaries. It is the ideal solution for any company looking to automate and outsource the disbursements function while enjoying the security and superior service that has made PayLink the preferred choice for a large number of multinational and top-tier local corporate customers.