By joining the network, Citis online and mobile banking customers will be able to send or receive real-time P2P payments to or from customers of participating network banks by simply using the recipients mobile number or email address.
Additionally, Early Warnings goal is to expand the clearXchange network to include all financial institutions nationwide.
According to Citi, the functionality will be enabled in early 2017.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now