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.

5 months ago
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