Shifting global dynamics within the Industrials space have put pressure on supply chains, increased the complexity of global payment acceptance and administration, and heightened the importance of protection for your products in transit. As a result, the terms and format of payments to your counterparties will matter more than ever. You’ll need to keep a close eye on the liquidity implications of the timing of those payments, balancing the need for stabilizing your supply chain with your need for working capital benefits. And if you are doing business internationally, there may be foreign exchange transactions involved when you are buying raw materials or receiving payment for products in foreign currencies.
Citi Commercial Bank has extensive experience helping with these key challenges facing the Industrials sector. By providing automation solutions and a centralized control structure, we can help you simplify your payment operations, optimize your trade flows, and mitigate the risk of currency fluctuations, so that you can spend less time worrying about your banking, and more time delivering your products to the world.
Common objectives of Industrials companies that we can help you achieve: