release news for citidirect besm and citiconnect® · · 2013-11-08autopay hkd and paylink...

Release News – November 16, 2013 1

CitiDirect® Online Banking

Release News – August 11, 2012

Transaction Services

CitiDirect® Online Banking will be updated during the weekend of August

11, 2012. High-level descriptions of the planned updates to CitiDirect are

provided in this Release News, including information on new and

enhanced functionality and updates in response to Legal and Regulatory

changes worldwide.

Please note: You will receive a file download with this CitiDirect®

Online Banking update.

Release News for CitiDirect BESM

and CitiConnect® (This combined Release News replaces the individual Release News documents previously

avai lable for Cit iDirect® Online Banking and CitiConnect®)

November 16, 2013

CitiDirect BE SM

will be updated during the weekend of November 16, 2013. High-level descriptions of the planned updates to CitiDirect BE are

provided in this Release News, including information on new and enhanced functionality and updates in response to Legal and Regulatory

changes worldwide.

Please note: You will receive a file download with this CitiDirect BE update.

Treasury and Trade Solutions


Release news for CITIDIRECT BESM and CitiConnect®

November 2013

INTRODUCTION AND HIGHLIGHTS

To Our Valued Customers:

CitiDirect BESM

and CitiConnect® represent the next generation of Citi’s access channels for online banking and host-to-host connectivity. Our platforms provide a single point of entry into a complete suite of corporate banking and cash management services. Our new CitiDirect BE platform offers improved navigation, quick search capabilities, and a single-entry portal. With CitiDirect BE, customers will have access to a wide variety of value-added services including Payment Analytics, ReceivablesVision, and Electronic Bank Account Management (eBAM). Also, Citi’s premier host-to-host connectivity solution, CitiConnect, offers a multitude of connectivity options along with the flexibility to integrate with ERP, treasury workstations and other accounting systems. CitiConnect aims to solve client’s connectivity challenges and to achieve straight-through-processing to increase efficiency and limit manual intervention. On October 5th new CitiDirect BE features were deployed including new functionality for Quick Tasks and Client Administrative Services. Users can now initiate payments from preformats, perform file authorizations and view intraday cash positions via Quick Tasks. In addition, authorizing Security Managers can view changes for all modified data points prior to authorizing the changes. Please read the CitiDirect BE October 5th Release News for full details regarding all of the enhancements. Additionally, we will continue with our efforts to deliver a superior client experience for CitiDirect BE and CitiConnect with the November 2013 Release. The release also includes Legal and Regulatory enhancements for countries worldwide including Hungary, Taiwan and Brazil. We have provided details of these enhancements in the following document. Highlights for some of these enhancements include: CitiDirect BE Session Timeout behavior enhancement – Once the CitiDirect BE session times out, users will no longer be required to close the CitiDirect Services window. After re-logging into the CitiDirect BE Portal, the CitiDirect Services session will automatically be re-activated such that users will be able to resume work from the last point of action. WorldLink® Payment Services Amendments – Customers who do not have a Citi debit account or didn’t use a Citi account to fund the payment will be able to initiate a request to amend a WorldLink Cross Border Funds Transfer. The amendment case will be created against a requestor’s WorldLink ID instead of a debit account number CitiDirect BE

SMMobile

New Look and Feel – CitiDirect BE Mobile has refreshed its look and feel. We encourage all of our clients to login to check out this improved design. Trade Authorization – The trade authorization mobile functionality has been expanded to include additional trade product including Response to Bill Discrepancy, Direct Collections, Export Documentary Collections and Response to Import Collection Notification CitiDirect BE

SM Tablet

CitiDirect BESM Tablet is now available and offers access to the CitiDirect BE platform via an iPad device. CitiDirect BE Tablet is a tablet-specific application that provides visibility into important transactional information supporting decision-making and business management for senior treasury executives. We want to hear what you think. Please reach out to your Citibank Representative with any questions on this release or questions

related to CitiDirect BE or CitiConnect. Sincerely, Your CitiDirect BE and CitiConnect Teams

https://www.citidirectonline1.citidirect.citicorp.com/web/content/document/CitiDirect_BE_Release_News_October5th_Final.pdf


Table of Contents

Global Updates ....................................................................................................................................................................... 5

CitiDirect BE ................................................................................................................................................................................................................. 5

CitiDirect BESM Mobile ............................................................................................................................................................. 5

WorldLink® Payment Services ................................................................................................................................................. 7

Updates by Region ................................................................................................................................................................. 8

Asia ...................................................................................................................................................................................... 8

Asia – By Region .................................................................................................................................................................. 8

CitiConnect for Files ........................................................................................................................................................ 8

Citi Straight Through Reconciliation ............................................................................................................................... 8

Asia – By Country ................................................................................................................................................................ 8

CitiConnect for Files ........................................................................................................................................................ 8

File Import ....................................................................................................................................................................... 8

Europe, Middle East and Africa ........................................................................................................................................... 8

EMEA – By Country ............................................................................................................................................................. 8

File Export ....................................................................................................................................................................... 9

Payments ......................................................................................................................................................................... 9

Latin America .................................................................................................................................................................... 10

Latin America – By Region ................................................................................................................................................ 10

Payments ....................................................................................................................................................................... 10

Reports .......................................................................................................................................................................... 11

Latin America – By Country ............................................................................................................................................... 11

File Imports ................................................................................................................................................................... 11

Payments ....................................................................................................................................................................... 11

North America ................................................................................................................................................................... 12

North America – By Country ............................................................................................................................................. 12


Payments ....................................................................................................................................................................... 12

Legal and Regulatory Updates ............................................................................................................................................. 13

Asia – By Country .............................................................................................................................................................. 13

Europe, Middle East and Africa – By Country ................................................................................................................... 16

Latin America – By Country ............................................................................................................................................... 19

Disclaimer: ............................................................................................................................................................................ 21


Global Updates

The following updates will be available to all Treasury and Trade Solutions clients who have entitlements to the services listed below.

CitiDirect BE Session Timeout – Once your CitiDirect BE session times out, you will no longer be required to close your CitiDirect Services window anymore. After re-logging into the CitiDirect BE Portal, your CitiDirect Services session will automatically be re-activated such that you will be able to resume your work from where you left off. Menu Changes - Under My Transactions and Services in CitiDirect BE, Citi File Exchange has been renamed to CitiConnect and USD Clearing Payment Flow Manager is renamed to Payment Flow Manager - Global Clearing.

CitiDirect BESM Mobile New Look and Feel – We are excited to inform that CitiDirect BE Mobile has refreshed its look and feel. Please login to check out

this improved design.

Trade Authorization – The trade authorization mobile functionality has been expanded to the following trade products:

Response to Bill Discrepancy

Direct Collections

Export Documentary Collections

Response to Import Collection Notification


CitiDirect BESM Tablet

You can now also login to the CitiDirect BESM

platform using your iPad device. CitiDirect BE Tablet, a tablet-specific application

provides visibility into important transactional information supporting decision-making and business management for senior

treasury executives. CitiDirect BE Tablet provides flexibility and control to access critical information in just a few taps. CitiDirect BE

Tablet is currently available for iPad devices and can be downloaded from the App Store.

Many senior treasury executives require staff to collect data manually, and report back, a cumbersome and time-intensive exercise.

However, using CitiDirect BE Tablet, clients have finger-tip access to mission-critical financial information allowing them to easily

monitor and stay abreast of business developments while eliminating the time and manpower traditionally required for these tasks.

CFOs preparing for management meetings can use CitiDirect BE Tablet right from the boardroom to quickly check their company’s

global cash position and see that a series of payments have just been made worldwide. With a few taps, they can drill down on to a

map or a graph to see the resulting balances and then subsequently confirm the execution of the company’s strategy

simultaneously.

This new service brings core functionality available on CitiDirect BE directly to clients’ tablet devices. It provides a compelling user

experience with visibility into information needed to make important decisions globally. With CitiDirect BE Tablet, clients can:

Use features and discovery tools to customize data views to support strategic decision-making

Translate data into global business intelligence with just a few taps. View data globally, by region or country; and filter by

currency, amount and country in chart or map views.

Authorize, release and repair single and batch payments anytime and everywhere


WorldLink® Payment Services Amendments – Customers who do not have a Citi debit account or didn’t use a Citi account to fund the payment will be able to

initiate a request to amend a WorldLink cross border funds transfer. The amendment case will be created against requestor’s

WorldLink ID instead of a debit account number.


Updates by Region

The updates to CitiDirect BE by region are listed below. These updates will be available to clients who have entitlements to the

services listed in the respective regional service offerings.

Asia

Asia – By Region

CitiConnect for Files

Direct Debits Mapping – Maps updated to map Paymentdetails2 to PaymentDetails9 (8 lines) to Payment Reference-2 and3 fields

instead of the current mapping of Paymentdetails2 to Payment details17

Citi Straight Through Reconciliation

Local Language – For China, Taiwan and Thailand we will support local language characters for the Invoicer and Invoicee (Name,

Country Code, and Address Lines 1 to 3), and Unstructured Addenda Information fields. These fields are available for Straight

Through Reconciliation.

Asia – By Country

CitiConnect for Files

Philippines – The Philippines WHT sub form for RCH payments is now supported by the IDOC, Paymul GEN and CP2E formats.

File Import

Hong Kong – The default value for the field Transaction Type has been changed to “20 – Sundry Credit” for Payment types PayLink

AUTOPAY HKD and PayLink AUTOPAY RMB for HongKong ACH Giro

Europe, Middle East and Africa

EMEA – By Region

Payments

SEPA Direct Debits COR1 – With a number of existing local direct debit schemes having shorter cycle times than that of the standard

Core SDD scheme, the industry has introduced an Additional Optional Service for SDD processing with a D-1 cycle time. As of

November 25, 2013, Citi will become a registered participant in the COR1 scheme capable of supporting COR1 processing as

creditor and debtor bank in the following markets:

Germany

Austria

Spain

For further details on how to utilize this functionality, please engage your Citi representative.


EMEA – By Country

File Export

Russia – The Payment Order Date will be in the Related Dates tags for the following Export formats: ISO XML camt.052.001.02 and

camt.053.001.02.

Payments

Sweden – Bank branch codes have been added for payments made in Sweden. With the addition of these codes, clients will be able

to send the payments to new Clearing participants. The Bank Codes added are:

Account number type 1

o Landshypotek AB 9390-9399 00000xxxxxxC 2

o Riksgälden 9880-9889 00000xxxxxxC 2

Account number type 2

o Riksgälden 9890-9899 00xxxxxxxxxC 1

This change is also supported in file imports in below import format

CDFF NUMBER SIGN

UK – If a transaction initiated from CitiDirect is subject to redirection and also rejected by the Beneficiary Bank, both the redirection

message and rejection message will be displayed in sub status


Latin America

Latin America – By Region

Payments

LATIS – The LATIS application can now send payment instrument to CitiDirect BE and CitiDirect BE will process the payments as

business as usual. LATIS application will use existing File maps.

Prepaid Card – A new sub form, Prepaid Card Beneficiary Name Details, has been added to avoid errors while creating Prepaid

Cards. Also, the Prepaid Card Configuration Details sub form has been added to capture more details about the Prepaid Card

beneficiary. A New field, Promo ID, was added so that the customer can now recharge an existing prepaid card.


Reports

Available Balance – The Available Balance will now update mid-day to reflect transactions that cleared post the previous days’ end

of day balance

Latin America – By Country

File Imports

Colombia – File imports has been enhanced to support the new subform "TAX Retention Subform" for Colombia across below

payment instruments and import formats.

Payment instruments:

o Book Transfer

o Cheque

o Domestic Funds payments

Import formats:

o Paylink LATAM 400 – PAY

o Paylink LATAM 600 – PAY

Payments

Argentina – The final status of the transaction initiated from ECS will be sent to ECS once in day.

Chile – The Cash payment type for the Cheque payment method is now available in Chile

File imports has been enhanced to support the Cash payment type through the below import format.

Paylink 1024


North America

North America – By Country

Payments

United States – CitiDirect BE will now support a new payment status called Returned for all transactions returned by

Clearing/Beneficiary bank with the relevant sub-status and sub-status description. This change is available for the Book Transfer ,

Foreign Currency Funds Transfer and Funds Transfer payment methods


Legal and Regulatory Updates

CitiDirect BE remains current with the latest Legal and Regulatory requirements worldwide.

The changes listed below are to be implemented in response to new regulations.

Asia – By Country Bangladesh - A new payment method 'TAX Payment' has been introduced which supports the following Payment Types:

Day 0 E-TAX

Day 1 E-TAX

A new system configuration has been introduced to manage the beneficiary details and a new library has been introduced to

manage the Tax Payments Identification details.

Existing Cash Transaction Initiation (TI) reports have been enhanced to support this new payment method

File imports has been enhanced to support the new payment instrument E-Tax' with payment types such as ‘Day 0 E-Tax' and 'Day 1

E-Tax‘. Import format(s) supported is as below.


GDFF IN 2004 02

These payment types will be available via CitiConnect for Files as well

India - A new amount field 'Fee for section 234E' has been made available for Direct Tax payment method. This field will be visible

only when the Challan number field value is 281.

This change is also supported in file imports in these import formats

DFF IN 2010 01

GDFF SI 2013 v1

It will be available for payments made via CitiConnect for Files as well. The following reports have been modified to reflect the new

field:

Transaction Initiation Payment Details Report

Payments Transaction Audit Report

The Purpose Code and Descriptions fields have been made available for below India payment methods:

Paybest, where the fields will be mandatory for all transactions

Domestic Funds Transfer and Intra-Group Funds Transfer, where the fields will be visible and be mandatory only if the

Product Code field value is RTGS


This change is also supported in file imports through the import formats as below for India Paybest, RTGS DFT and RTGS IGT

payments.

GDFF IN 2012 01

PAYBEST FORMAT

GDFF SI 2013 CUSTOMER CHEQUE

These fields are also available for payments made via CitiConnect for Files. The following reports will now include these new fields:



Preformat Library Detail Report

Taiwan - Upon successful login all CitiDirect BE Taiwan client users will get to see a declaration message. Only after clicking “Yes”

will the user be directed to the CitiDirect BE application. The user will be logged out of the system after selecting “No”.


The action will be logged and will be made available in the Audit Report.

Europe, Middle East and Africa – By Country Bulgaria – For Bulgarian payments the following changes have been made:

The Salary Payment field has been removed from the domestic funds transfer, cross border funds transfer and SEPA

payment methods. It has also been removed from these reports:

o Transaction Initiation Payment Details Report

o Payment Audit Report

o Preformat Detail Report

The Payment Details field is now mandatory for cross border funds transfer and SEPA payments


Above changes are supported in file imports in the following import format

CDFF NUMBER SIGN

This will affect all formats for CitiConnect for Files and the MT101, IFX XML, NCB formats for CitiConnect for SWIFT.

Hungary - As per National Bank of Hungary and GIRO regulation, for Group Collection Payments, the maximum date difference

between the Settlement date and Due Date is changed from 10 calendar days to 8 business days. The Due Date validation will be

applied to whether the date is less than or equal to 9 business days (GIRO validation works with settlement day + 8 business days).

This change will affect transactions made via ’Manual input’, ’From Preformat’ and for ’File import’

Above validation change is also supported in the following file imports formats

CDFF NUMBER SIGN

HUNGARY GC v2

Kazakhstan - For Cross Border Funds Transfer and CPI transactions, the application will now show the reject status messages. Along

with these rejection statuses, the reason for rejection will be available under Other Options - View Error Message in both Summary

and Details Screen. There will be 2 types of error messages: Predefined Error Message & Custom Error Message


The following reports will be updated to show these statuses

Impacted Reports:

Transaction Initiation Summary Report

Transaction Initiation Detail Report


Transaction Initiation Summary Report by Subsidiary Identifier

Transaction Initiation Detail Report by Subsidiary Identifier

File Import Transaction Initiation Summary Report


Reject/Return Transaction Detail Report - This report will not be delivered via AFRD if there is no data available

These Reject statuses will also be available via File Export

Romania – The 'Payment Evidence Number' field has been newly added for the Domestic Funds Transfer Tax payment method. The

field is a drop down with possible values as 'Yes' and 'No'.


This will affect all formats for CitiConnect for Files and the MT101 format for CitiConnect for SWIFT

File Import has been enhanced to support the new attribute “Payment Evidence Number” in Domestic Funds Transfer – Tax

instrument. Below are the import formats that support this:

ROMT100SWIFT - RO MT100 Swift

CDFF NUMBER SIGN

Turkey - For the Domestic Funds Transfer Payment Method, Bank to Bank Payment has been removed from the type of payment

field

This will affect all formats for CitiConnect for Files and the MT101, IFX XML, NCB formats for CitiConnect for SWIFT

Latin America – By Country Brazil – Since the contract between HSBC and Citi expired, static message in Print deposit slip modified with the new correspondent

bank


The “Payer Tax Type” and “Payer Tax ID” fields in the existing import format as mentioned below are changed to Optional for Brazil

Title payments.

FEBRABAN


Disclaimer: The authoritative and official text of this CitiDirect BE SM

and CitiDirect® Online Banking documentation shall be in the English language as used in the United States of America. Any translation of any C this CitiDirect

BE SM and CitiDirect® Online Banking documentation from English to another language is done solely for the convenience of the reader, and any inconsistencies, or inaccuracies between the English text and that

translation shall be resolved in favor of the English text.

These materials are proprietary and confidential to Citibank, N.A., and are intended for the exclusive use of this CitiDirect BE SM and CitiDirect® Online Banking customers. The foregoing statement shall appear on all

copies of these materials made by you in whatever form and by whatever means, electronic or mechanical, including photocopying or in any information storage system. In addition, no copy of these materials shall be

disclosed to third parties without express written authorization of Citibank, N.A.

Customer shall be solely responsible for the use of any User identifications, passwords and authentication codes that may be provided to it, from time to time, in connection with this CitiDirect BE SM and CitiDirect®

Online Banking (collectively, “User IDs”). Customer agrees to keep all User IDs strictly confidential at all times. Customer shall immediately cease use of this CitiDirect BE SM and CitiDirect® Online Banking if it receives

notification from Citibank, or otherwise becomes aware of, or suspects, a technical failure or security breach. Customer shall immediately notify Citibank if it becomes aware of, or suspects, a technical failure or

security breach.

November 2013

Citi Transaction Services

transactionservices.citi.com

© 2013 Citibank, N.A. All rights reserved. Citibank, CitiDirect, CitiDirect BE Mobile, Citigroup, WorldLink, and Citi and Arc Design are trademarks and service marks of Citigroup Inc. or its affiliates and are used and

registered throughout the world. WorldLink Payment Services is owned and operated by Citibank Ireland Financial Services plc, a Dublin-based subsidiary of Citigroup Inc. SWIFT™ is a trademark of S.W.I.F.T. SCRL. All

other brands, products, and service names mentioned are trademarks or registered trademarks of their respective owners.

981197 GTS25970 8/12

release news for citidirect besm and citiconnect® · · 2013-11-08autopay hkd and paylink...

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