Citi
CORPORATE/FINANCE Citi Expands Express Wire Asia Program with India Desk Oct 31, 2012 Citi has expanded its Express Wire for Asia capabilities, with a dedicated India Desk. Citi, one of the premier providers of cross-border payments, announced today that it is further extending its US Dollar Express Wire for Asia services by launching Express Wire India Desk. Citi’s Express Wire for Asia Service helps streamline the execution of US Dollar payments by sending transactions to the beneficiary bank in Asia expediently. If a payment order requires repair, Citi’s experienced operations professionals are available to correct formatting errors on a timely basis. Express Wire also provides additional liquidity to banks that need to process their payments within Asia morning business hours, as well as direct linkages into local US Dollar Clearing systems. Citi launched a dedicated China Desk to expedite Asian payments in 2010. Given expanding trade relationships between India ...