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Citi launches personal RMB payment services in Asia Pacific

Citi’s Global Transaction Services has launched Renminbi (RMB) distribution services for bank clients in Asia Pacific. This new offering enables Citi’s bank clients across Asia Pacific to provide RMB cross border funds transfers to their customers and reflects the RMB’s ascendance as a global currency and growing international demand for remittance denominated in RMB. The service extends Citi’s ability to…

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