Citi operates the world's largest Trade Services network spanning 125 cities in 72 countries. Our Trade Services make it easier, more efficient and less risky for your company to do business internationally.
Citibank is a single source for end-to-end trade services, from issuing, amending and confirming letters of credit to settlements and administration.
Our international trade experts will provide your business with tools and services for successful cross-border trading:
We issue guarantees, advise and confirm letters of credit in favor of thousands of exporters and importers around the world. Due to Citi's global presence and extensive network of correspondent banks, we can offer our customers efficient communication and prompt transfer of funds. A Citibank Letter of Credit confirmation enables exporters to minimise the risks associated with doing business with new partners in foreign countries. This is particularly useful when your customer is located in a potentially unstable environment.
With a Citibank Import Letter of Credit you can delay payment for imported goods until after they are shipped and your exporter complies with certain terms. You can use an Import Letter of Credit to obtain financing for your international purchases, even when the exporter cannot provide financing.
Depending on your business needs, you can choose a guarantee tailored to your requirements, including a performance guarantee, a payment guarantee, a customs guarantee, etc.
Documentary collections are an alternative to Letters of Credit. With this solution, Citibank does not cover credit and country risk, so it is an ideal solution in the event of a long-standing partnering relationship.
Working on your behalf throughout the world, Citibank's efficient collection services can assure prompt payment to your supplier's bank.
We offer the security, trust and guidance you would expect from an industry leader.
All products and services that we offer are subject to local and international laws and regulations and AO Citibank policies and procedures. Some products and services may also be subject to a separate agreement between AO Citibank and your company. All loans, overdraft facilities, credit products and services are made available at the discretion of AO Citibank. For information regarding details, terms and conditions of a particular product available to your company and applicable fees and charges, please call +7 (495) 775 89 00 if you are in Moscow, or +7 800 700 30 50 if you are in St. Petersburg or elsewhere in Russia or contact your Relationship Manager. AO Citibank.