Marketplace Citi API Connector

Citi API Connector

Kyriba

Bank Connectivity

Connector for reporting and real-time payments

Description

This connector uses API for data exchange between Kyriba and Citi to enable:

  • Cross-border, book transfer, low and high-value domestic payments and payment status
  • Bank balance update
  • Intraday and prior-day bank statement

The connector works in parallel with the existing bank connectivity, expanding existing processes. API-based bank connectivity enables more frequent data retrieval and statusesThis enables faster decision-making.

Once enabled, real-time payments can be accessed along with other payment methods in the existing modules. And reporting will quickly be reflected on the existing worksheets.

APIs follow an instant request and response communication model, done with a point-to-point secure communication and no files involved.

Additional resources about these capabilities:

  • Kyriba's eBook on instant payment initiatives here
  • API connectivity for payments here