Citi has introduced its Real-Time Funding (RTF) capabilities for corporate clients in Singapore, enhancing its suite of real-time liquidity solutions. This service, already operational in Australia, Hong Kong SAR, and the UK, automates the movement of funds across borders based on client-defined rules, ensuring cash availability when needed. In the first half of 2025, Citi RTF processed over 150 transactions for four clients across three currencies: AUD, EUR, and HKD.
The launch in Singapore provides clients with unprecedented control over their cash, enabling instant, round-the-clock cross-border liquidity transfers. This eliminates the need for manual fund transfers or reliance on end-of-day sweeps. Rupa Mankad, Citi’s Asia South and Singapore Head of Liquidity Management Services, stated, “This launch empowers businesses with continuous access to their funds, offering greater efficiency, improved working capital management, and stronger control over their financial positions across borders.”
Citi’s RTF is designed to optimise liquidity and automate traditionally manual processes, supporting 24/7 account monitoring and complex cash forecasting. Key features include seamless intercompany transfers, overcoming time zone limitations, and enhanced cross-border capabilities for efficient liquidity management across multiple jurisdictions.
This expansion underscores Citi’s leadership in real-time liquidity solutions, complementing offerings like Real-Time Liquidity Sharing and Real-Time Multi-Banking. The move is part of Citi’s strategy to grow its real-time liquidity offerings with new products and expanded reach.
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