Citi introduces Citi Digital Bill, streamlining receivables management and reducing processing time.

Citi has introduced Citi Digital Bill (CDB), a digital bill discounting solution designed to modernize traditional Bills of Exchange. This platform streamlines receivables management by eliminating physical documents and reducing processing time from a week to under an hour. Currently available to clients in the U.S., U.K., and Ireland, CDB aims to enhance transparency and efficiency, with plans for expansion in 2024.

October 28, 2024
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