Citibank attend hands with SWIFT

Citibank has joined hands with Society for Worldwide Interbank Financial Telecom-munication (SWIFT) to connect to the new Real-Time Gross Settlement (RTGS) system, an electronic platform for the continuous settlement of high value and multi-currency cash payments between banks, says a press release.
Moinul Huq, director and head treasury and trade solutions, Citibank,  said that using the SWIFT channel will enable Citibank to seamlessly integrate our back-office systems with the new Bangladesh Bank RTGS to clear and settle critical high value payments for our customers in a highly secure and reliable manner.
SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,800 banking organisations, securities institutions and corporate customers in more than 200 countries and territories.

Citibank attend hands with SWIFT

Citibank has joined hands with Society for Worldwide Interbank Financial Telecom-munication (SWIFT) to connect to the new Real-Time Gross Settlement (RTGS) system, an electronic platform for the continuous settlement of high value and multi-currency cash payments between banks, says a press release. Moinul Huq, director and head treasury and trade solutions, Citibank, said that using the SWIFT channel will enable Citibank to seamlessly integrate our back-office systems with the new Bangladesh Bank RTGS to clear and settle critical high value payments for our customers in a highly secure and reliable manner. SWIFT is a member-owned cooperative that provides the communications platform, products and services to connect more than 10,800 banking organisations, securities institutions and corporate customers in more than 200 countries and territories.