What is it?

Citibank's International Cash Letter Service offers a fast and convenient means of depositing to your New York Demand Deposit Account your U.S. dollar cheques and travellers cheques drawn on banks in the U.S., Puerto Rico, the U.S. Virgin Islands and U.S. Dollar cheques payable in Canada.

How does it work?

	You will be provided with pre-printed serialised deposit tickets for the account with Citibank, N.A. New York, which will be designated to receive all your deposits.
	In order to make deposits of any cheques received at your offices, we require that the cheques be properly endorsed and accompanied by a serialised deposit ticket.
	Deposits received at your office should be sent via courier, to the processing center, as stated on the Instruction guide.

What are the benefits?

	Convenience: You are able to make lodgements to your New York Demand Deposit Account in a more convenient way.
	Fund availability: Funds are available 4 days after the deposit depending on your arrangements.

What are the requirements?

	You will need to have a New York Demand Deposit Account with Citibank N.A., New York.
	The necessary documentation needs to be completed.
	A credit analysis must be completed.

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