Citi’s Treasury and Trade Solutions (TTS) has expanded its WorldLink® Payment Services (WorldLink®) cross-border ACH capabilities to About Citi Global Transaction Services. A global leader in payments, Citi makes millions of cross-border payments annually on behalf of the world’s most. Citi,financial services,cash management,global transaction services,capital market,citidirect,private banking,corporate banking,fund services.

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Is it possible to stop a WorldLink check? How many currencies of Funds Transfers can WorldLink support?

Does CitiDirect support WorldLink for all languages offered? ACH is intended for low value payments but more and more large payments are being processed through local ACH systems. We have qorldlink foreign exchange capability with trading desks in New York, Dublin and Singapore.

How will I find out about product updates or changes concerning currencies?

Worldlink® Frequently Asked Questions

Is it possible to stop or recall an ACH payment? If you decide to communicate via file transmission, a Citi representative will work with you to set up and test your files.

Please contact your relationship manager to activate ACH and to identify if any additional requirements would apply. However, by using WorldLink, the customer has access to ACH payments from only a single funding account in one of 20 currencies. However, there are also worlxlink such as value limitations, timing, inability to repair payments, and service support limitations.

No lifting fees for most currencies Low fees where applied No value limit, except those imposed through market conditions No repair fees. Third, WorldLink checks can be customized with customer’s logo, address, etc.


Unfortunately, sometimes a repair is not possible and WorldLink requires a bit more information in order for the payment to be processed. WorldLink supports 30 currencies for remote checks and 16 currencies for onsite checks. The “standard” ACH offering requires a customer to maintain an account in every country where payments will be cciti.

Citi’s WorldLink® Payment Services Expands Its Local Payments Offering Into Eight New Countries

The pricing applied can be based on Contractual pricing when the customer requires such commitment. In SeptemberWorldLink announced enhancements to the exotic currency offering.

As part of wkrldlink continuous improvement to WorldLink, file-based clients can now benefit from this expanded currency offering for local payments. We also have global check disbursement centers in New York, Dublin and Singapore.

Citi’s Worldlink Payment Services expands cross-currency ACH offering

WorldLink onsite checks are checks drawn on a WorldLink account, but printed by the client on their premises. WorldLink Payment Services is unique. Funds transfers can be stopped on a best efforts basis only, which means that we will do all we can to stop the payment but cannot guarantee it will be stopped.

It should be noted that SWIFT customers must choose one or the other rate process as they cannot switch between Daily rates and calling a trader.

Customers must be entitled to each payment type before it is made available on CitiDirect. For file transmission customers, additional file specifications and aorldlink may be necessary.

Can WorldLink payments be imported and reports exported in CitiDirect? Michael Vallance, Global Head of WorldLink Payment Services at Citi, says “We continue to see increasing client requirements for a larger focus on local currency payments, especially in emerging and developing markets. They can also hold the funds for several days before making it available to your beneficiary.


Minimum volume for file transmission customers, additional file thresholds per currency may apply. WorldLink service requests can be made through CitiDirect Service for Payments module or through a call to customer service. How is a stop payment, photocopy or other service request made on File? These enhancements coupled with our extended ACH offering firmly place WorldLink as a market leader, continuing to stay ahead of the curve for exotic and emerging market payments. How does the WorldLink foreign exchange process work on CitiDirect?

Citi’s Worldlink Payment Services expands cross-currency ACH offering | The Paypers

Customers can also call a WorldLink foreign exchange specialist for a rate and can enter the rate and booked FX contract on CitiDirect. This increase in ACH country availability further establishes WorldLink as having the largest currency suite available across the widest array of payment types for cross-border payments in the market.

And once you’re up and running, you’ll find help just a keystroke away, with a comprehensive “Help” system that provides field definitions, window descriptions, procedures and a worldlinl.