Summary
We provide comprehensive and systematic trade finance service through the Citibank network spanning over 100 countries
Dynamic Market Environment
- - The market opening trend toward internationalization and liberalization has formed the domestic and foreign base for a significant number of Korean companies to set foreign trade growth as one of the critical business objectives.
- - However, offshore settlement and fund transfer procedure has presented complicated nature following the variety of terms and conditions of trade developed in overall market segments. In order to solve these issues effectively, Citibank supports customers with a wide range of solutions which enhance balance sheet management as well as reduce transaction risk by taking advantage of the professional capability in trade finance area and extensive international business network.
Advantages to Citibank Customers
- - Citibank takes pride in the excellent professional capability in overall trade finance area including management of liquidity and balance sheet. Also, Citibank supports comprehensive and end-to-end trade encompassing from production to collection of sale proceeds such as letter of credit issuance, letter of credit confirmation, documentary collection, bid and performance bond, issuance and negotiation of local letter of credit, trade bill finance, purchase finance, account receivable finance, etc. In particular, combination of Citibank with global network and trade know-how acquired in the long history, and ex-KorAm Bank with advantages in domestic trade products provides customers with a comprehensive trade finance service from beginning to end.
- - Through the efficient application of the extensive branch network and the profound knowledge on local market, Citibank has developed various solutions and has supported customers so that they can achieve their trade-related business goals successfully. Citibank will always perform the role of the your reliable partner through the global business network in more than 100 countries wherever your trade counterparts are. Major points in Asia Pacific region include Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, and Thailand, etc.
