Wednesday, November 20, 2019
The Acme Company Case Study Example | Topics and Well Written Essays - 500 words
The Acme Company - Case Study Example The Acme Corporation is looking for an international bank to manage its bank related operations on a global scale. Citibank is considered to be one of the biggest banks of the world and it has operations all over the world. The bank is located in more than 100 countries and it has more than 200 million customers around the world. Compliance is the biggest issue in corporate banking and Citibank's fraud management team is considered to be the best in the business. Acme's banking issues can easily be resolved by Citibank because of their swiftness in operations. Among all the international banks Citibank has more branches in Asia and in the Middle East as compared to all other international banks. The bank can tailor made the services and provide effective services for global organizations. In the case of managing the working capital "Citibank" is the best choice because it provides services like liquidity management, international and domestic clearances, check outsourcing systems etc. The bank offers internet bases banking and swift transfer through the wire transfer options. The centralization of cash can be done easily through Citibank. The clearing service of Citibank is amongst the top in the world and the frequency of transactions is $1 trillion per day.
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