The LMM service complements Citi’s SEPA Direct Debit offering, allowing clients to be prepared for when the Euro direct debit schemes across the Eurozone are replaced by the SEPA Direct Debit schemes on 1 February 2014.
CGI’s LMM is a platform which allows corporates to migrate to SEPA direct debits. It converts legacy mandates into SEPA direct debit compliant mandates and manages their full-lifecycle, including collections, in line with the SEPA rule books.
In recent news, Citi Commercial Cards has rolled out mobile alerts for cardholders and Program Administrators (PAs) across Europe, the Middle East, Africa and Asia.
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