CitiBusiness is a unit of Citibank Singapore Ltd dedicated to serving small and medium enterprises (SMEs) with an integrated suite of banking and value-added networking services.
Being a partner of SMEs in Singapore for more than 20 years, CitiBusiness has a long commitment of building synergies and strong relationships with the local SME community in order to contribute towards their growth and success.
In February 2006, CitiBusiness enhanced its SME offerings by introducing services and products that were traditionally only offered by banks to larger corporations. CitiBusiness understands that customers have different needs hence, it is not the size of their customers’ business that matters; it is the size of their ambitions.
CitiBusiness customers can now get access to a wide array of cash management solutions from the High Yield Current Account to the innovative Commercial Real Estate Saver. Further, they can also manage their currency risks using our comprehensive suite of Foreign Exchange Risk Management Solutions, allowing them to focus on their business with peace of mind.
In addition, each CitiBusiness customer has a dedicated Relationship Manager, who will lead a team of Service Relationship Managers and Treasury Specialists, to advise customers on their corporate banking needs.
With our global network and local expertise, CitiBusiness is well positioned to partner the local SME community as they embark on their journey to become established regional and international brands.
The Truly Integrated Business and Personal Banking Solution For SMEs & Professionals
CitiBusiness understands that it’s not the size of your business that matters; it’s the size of your ambitions. And to help SMEs get ahead, CitiBusiness offers customers a wide range of integrated tools and services.
Access to dedicated Relationship Managers and a team of Specialists
CitiBusiness customers enjoy the services of our dedicated Relationship Manager who will take care of all matters related to customers business banking accounts, and are supported by a team of Specialists to provide advice in trade, treasury and investment products, and mortgages.
Innovative products and services
CitiBusiness offers a comprehensive range of financial products and services that includes:
• High Yield Current Account
With this special transactional account, CitiBusiness customers can enjoy high interest on daily transactional balances whilst retaining 100% liquidity in their cash flow. The higher the daily transactional balances, the higher returns they earn. CitiBusiness customers also get unlimited cheques along with our unique cheque-imaging services. CitiBusiness High Yield Current Account is available in both SG and US dollars.
• Business Loans^
CitiBusiness customers enjoy the choice of choosing a secured or unsecured facility to grow their business. Commercial Real Estate Saver^, an innovative all-in-one commercial property loan comes with an interest-bearing current account that provides greater interest savings. The interest rate on the current account balance is two-thirds the commercial property loan rate, and can be used to offset the loan interest repayment, helping customers to pay off their loans faster.
• Foreign Exchange Risk Management Solutions
With CitiBusiness Foreign Exchange Risk Management Solutions, customers can manage their foreign currency fluctuations with a peace of mind. Our experienced Relationship Managers and Treasury Specialists are here to guide customers through the process of managing their foreign currency risk. CitiBusiness offers Foreign Exchange solutions in all the major currencies, including many non-internationally traded currencies. In addition, through our regular seminars, CitiBusiness keeps customers updated on the FX market and Risk Management Solutions.
CitiBusiness provides customers with a range of investment products such as debt securities and structured products; to suit all risk appetites and investment needs. Our experienced Relationship Managers and Treasury Specialists are here to offer market insights to help customers fulfill their investment goals.
CitiBusiness combines trade expertise with global reach to give customers the power to effectively manage their trade transactional and achieve their business goals. The wide range of trade finance services and global network enables CitiBusiness to take care of customers’ every trade need, regardless whether customers are importer or exporter. Services offered include Letters of Credit, Documentary Collections and Banker’s Guarantees.
• CitiBusiness Card^ / Corporate Cards
The CitiBusiness Card is a business credit card tailored to the needs of SMEs. Enjoy a business credit line of up to S$100,000^, cash rebates of up to 0.8%, travel insurance of US$500,000 and special business discounts worldwide of up to 50%. With the ability to control individual card limits and comprehensive monthly statements, the CitiBusiness Card enables SMEs to effectively manage their business spending on a single, business-tailored card program.
In addition, we offer the full range of Corporate Card and Purchasing Card solutions to support the procurement, travel and entertainment needs of businesses of all sizes. With corporate-size credit lines and extensive MIS reporting capabilities, our corporate card programs can help you to streamline your processes, manage business expenses and supplier relationships, save time and reduce costs.
For more details :http://citibusiness.citibank.com.sg