What is it?

WorldLink is a complete cross-border payment system serving corporations and financial institutions worldwide. It provides a convenient, reliable and cost-effective way of making payments in countries around the world in the currencies of the countries.

How does it work?

	Information and instructions are accepted via multiple methods, including PC-based software (both DOS and Windows versions), our internet electronic banking platform - CitiDirect® Online Banking, SWIFT and electronic file transfer.
	WorldLink encompasses both draft (cheque) and electronic transfer capabilities through WorldLink Cheque, WorldLink Remote Cheque and WorldLink Electronic Funds Transfer.
	Multiple security levels including data encryption, DES Gold generated dynamic passwords and ID assigned authorization.
	WorldlLink Check allows you to issue and print a foreign currency check at your own office, allowing you to control the entire issuance process from production through mailing.
	WorldLink Remote Cheque is a foreign currency payment cheque drafted by Citibank®’s operations center in Buffalo, New York or London and then mailed to your beneficiary.
	WorldLink Electronic Funds Transfer is the issuance of payment details to Citibank® so that Citibank® can initiate an electronic transfer of foreign currency to a beneficiary.

What are the benefits?

	Flexibility: Issue or request payments in up to 90 currencies, including the Euro, from your own offices. Available payment types include on-site cheques, remote cheques, funds transfers and international ACH. Foreign exchange is integrated into the payment processing cycle for maximum ease.
	Convenience: With this one product, you can handle virtually all of your foreign currency payment needs. We estimate that 95% of international cross-border transactions are covered by currencies included in WorldLink Multicurrency Transaction Services.
	Control: Because you use your own IBM-compatible personal computer and the WorldLink software, you have total control over your payment requests. You place payment orders at your convenience. For regularly sent transfers, you can maintain a database of predefined transaction information to further simplify payment request preparation. Through the reach of Citibank®’s global network, you can view and print daily reconcilement in every currency, up-to-date cheque status information, automatic replenishment of cheque stockand immediate stop payments for most currencies.
	Dedicated Client Support: As a Citibank® client you are assured of the highest levels of customer service. Full support is provided for implementation as well as on an on-going basis to ensure a smooth functioning of your foreign currency payment system.
	Established Service Provider: Citibank® is a worldwide leader in the cross-border payment and collection services industry. Citibank® is continually building upon its advanced processing systems, global banking presenceand integrated communications network to offer an edge in international cash management.

What are the requirements?

	We recommend that you maintain a USD corporate chequing with Citibank® N.A., Jamaica or Citibank® N.A. New York.
	A line of credit with Citibank®, N.A., Jamaica must be maintained.
	The necessary documentation needs to be completed.
	The following hardware requirements need to be in place:

WorldLink through software

	WorldLink through CitiDirect® Online Banking
	Pentium 100 MHz
	SVGA 256 Colour monitor, 800x600 pixels resolution
	Netscape Navigator 4.06 or Microsoft Explorer 4.0 or a later version with 128-bit encryption
	33.600 bps Modem or higher
	Dedicated phone line not running through a PBX
	Windows 95 / 98 / NT Service Pack 3

Internet Access through an Internet Service Provider

	Windows NT 4.0 with Service Pack 3 (or higher) / Windows 98 / Windows 2000
	Microsoft I.E. 5.01 or higher
	JVM version 5.x
	Adobe Acrobat Reader
	Pentium class 166MHz CPU
	64MB RAM
	50MB Hard Drive space available

Go back to Cash Management