Business

Citi Merchant Services lets you accept major credit and debit cards— which can add more convenience for your customers and more sales for you

Remote Check Deposit gives you:

• Extended hours for deposit (up to 8:00 pm local time)
• Deposit reconcilement—so you can track deposits by location
• The ability to export data directly into various programs like QuickBooks^® and Excel^®

With CitiBusiness Lockbox, you can turn paper checks into available funds faster by allowing Citibank to receive them on your behalf at a designated P.O. Box. With CitiBusiness Lockbox you can:

• Process and deposit your checks according to your detailed instructions
• Collect mailed checks and credit card payments in one central location
• Deposit checks into one or multiple accounts
• Access deposit and document images with CitiBusiness Online

You can easily track spending and avoid the hassles of lost, stolen or late checks. What's more, you can earn amazing rewards while you're at it.

You can track transactions directly using CitiBusiness Online, and avoid the hassle of lost, stolen or late checks.

Wire transfers can be sent domestically, in US. dollars, or internationally, in US. dollars or in foreign currency and can be initiated on CitiBusiness Online or at a Citibank branch near you. CitiBusiness Online offers you the more efficient and cost effective method to send wire transfers. Using CitiBusiness Online can save you time and money when you schedule ongoing wire transfers and view your transactions in real time.

A Controlled Disbursement allows you to determine the funding requirement for incoming checks.

• Early morning presentment and funding notifications
• Controlled Disbursement details available through CitiBusiness Online
• Automatic transfer of funds to your disbursement account through your CitiBusiness Checking Account
• Additional available features include Account Reconciliation and Match Pay fraud protection

• Great for low-value, non-urgent payments
• Payments can be entered up to 14 days in advance
• Lower cost payment method than checks and wires
• Predictable settlement for easy reconcilement

And the ACH Debit Filter allows you to authorize certain debits to pass through the block and post to your account. Once implemented, the process is fully automatic. Plus, reports with all your blocks and filters are always available on CitiBusiness Online.

You can choose from various Account Reconciliation plans, including:

• Full Reconciliation—Comprehensive reconciliation reports, including account balances and information on checks outstanding; upload issuance files via CitiBusiness Online
• Partial Reconciliation—no check issuance file; paid check report and additional detailed reports
• Deposit Reconciliation— segregates deposit activity among multiple locations or departments using one deposit account

You can approve or return any checks that do not match those in the issuance file. You'll get:

• A listing of checks that do not match your issuance file (exceptions) each day and the ability to Pay or Return them with a single click
• Several options to meet the specific needs of different size businesses, including Positive Pay, Payee Positive Pay and Reverse Positive Pay
• Ability to obtain software to assist in creating properly formatted issuance files

Seize greater control of your payments and collections with a Citibank Zero-Balance Account. It lets you automatically transfer available funds to and from a general operating account at the end of each business day—allowing you to maximize the use of your funds.

You select a target balance (can be $0) for your CitiBusiness Checking account and each day, funds above your target balance^{Footnote 2} will be automatically transferred to a time-deposit investment where they can earn interest. The balance will then be transferred back into your main operating account each morning.

From secured and unsecured short-term options ranging from commercial paper to government repurchase agreements to offshore time deposits, the right investments for your business are only a click away.