Citi Real-Time Connector
Connector for real-time reporting and payments
This connector uses API for real-time 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 real-time statuses. This enables real-time decision-making.
Once enabled, real-time payments can be accessed along with other payment methods in the existing modules. And real-time reporting will 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: