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SIBOS: Westpac appoints Citi as supply chain finance partner

15 September 2008

Agreement allows Westpac the ability to expand its supplier finance offering while increasing Citi's footprint through the Westpac network.

Read more: Westpac Citi global supply chain finance australia new zeland trade

Vienna: Citi's Global Transaction Services business and Westpac have entered into a supply chain partnership with the aim of delivering a more innovative and expedient payment service for Westpac customers operating in international markets.

Under the agreement, Westpac will leverage Citi's 'white labeled' global payables and receivables platform to offer a suite of domestic and international supply chain finance solutions for the benefit of business customers in Australia and overseas.

By white labeling Citi's global receivables financing platform, Westpac's trade customers will benefit from having access to Citi's leading edge technology backed by Westpac's specialist...

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