Citi And Emirates NBD Launch First 24/7 USD Cross-Border Payment Service In The Middle East
Portfolio Pulse from Benzinga Newsdesk
Citi and Emirates NBD have launched the first 24/7 USD cross-border payment service in the Middle East, marking a significant milestone for Citi's 24/7 USD Clearing multibank solution.

June 12, 2024 | 10:36 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citi has partnered with Emirates NBD to launch the first 24/7 USD cross-border payment service in the Middle East, enhancing its 24/7 USD Clearing multibank solution.
The launch of the 24/7 USD cross-border payment service in the Middle East is a significant enhancement to Citi's global 24/7 USD Clearing solution. This partnership with Emirates NBD is likely to improve Citi's service offerings and could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100