Citi Also Recognized for Best Global Virtual Accounts Solution
Citi has been named both the Best Global Bank for Cash Management and the Best Global Bank for Liquidity Management by Global Finance. The publication also named Citi’s Virtual Accounts as the Best Global Virtual Accounts solution. In addition, Citi earned a number of regional awards in Liquidity, Cash Management and Investment solutions.
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“As our clients become increasingly global and digital in nature, being able to access faster and smarter payments that deliver transparency, convenience and lower cost has become exceedingly important”
“In the face of another challenging year for treasurers around the world, Citi has continued to distinguish itself by providing best-of-breed digital solutions that address pressing cash management and liquidity needs,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “The Global Finance awards honor the organizations that have best served their clients in an unprecedented and ongoing crisis.”
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“As our clients become increasingly global and digital in nature, being able to access faster and smarter payments that deliver transparency, convenience and lower cost has become exceedingly important,” said Debopama Sen, Global Co-Head of Payments and Receivables, Citi Treasury and Trade Solutions. “Citi is committed to delivering globally-consistent platforms, innovative solutions and excellent service,” added Amit Agarwal, Global Co-Head of Payments and Receivables, Citi Treasury and Trade Solutions. “These include domestic and cross-border instant payments allowing clients to enter new markets, optimal payment experiences and real-time day-to-day cash management, such as providing payments into wallets and cards that enable choice for enhanced visibility and efficiency.”
“Liquidity management remains a critically important focus for businesses that are looking to not only better manage capital and liquidity risks, but to set the stage for success around growth opportunities,” added Stephen Randall, Global Head of Liquidity Management Services, Citi Treasury and Trade Solutions. “Earning recognition as Best Global Bank for Liquidity Management by Global Finance for what is now the third-year running is a true honor. Citi has one of the strongest and most global liquidity management networks in the industry and we remain steadfast in our commitment to assist our clients as they drive towards greater growth, resiliency and efficiency.”
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