Citi QuikRemit for Financial Institutions

With increasing globalization, your customers are more likely than ever to spend time (and money) in other countries, and require a method to send money back to their home countries.

With Citi QuikRemit Service, you can offer these customers simple money transfer services in 90 countries around the world. Among the many advantages that Citi QuikRemit offers financial institutions are the ability to:

• Extend your reach across the globe. Since customers can access your money transfer services anywhere in the world, Citi QuikRemit Service extends your global reach, to compete with even large global banks.
• Offer more than bank-to-bank transfers. You're no longer restricted to your own network for transfers. Global network gives you thousands of funds drop-off/pickup locations in over 90 countries around the world.
• Enhance your revenue opportunities. Generate fee income by processing transactions from loyal customers who send and receive money on a regular, ongoing basis. You control transaction fees and FX mark-ups to generate new revenue, as well as the ability to cross-sell other financial products, such as loans, mortgages, etc.