Citibank launches a new E-payment service for Airlines to pay service fees to Aeronautical Radio of Thailand Limited.

Citibank has announced the development of an E-payment channel for airlines to pay service fees to Aeronautical Radio of Thailand Limited. (AEROTHAI). AEROTHAI’s customers will now have access to an end-to-end, real-time service provided through CitiConnect, Citi’s web-based delivery platform. CitiConnect enables airlines and other AEROTHAI’s customers to make payments for air navigation and equipment rental fees directy to AEROTHAI 24 hours a day, seven days a week.

This additional payment channel strengthens Citi’s initial payment channel offered for the Airports of Thailand PCL.
Through using one single platform, all airlines can now pay their major expenses online.

Mr. Peter Eliot, Citi Country Officer, Citibank, N.A. Thailand said “Citi continues to innovate and invest in products and services that provide benefits to customers and we continue to be the market leader in Thailand. This new e-payment channel provides Citi with the necessary services to strengthen our position in the airline industry and airlines benefit from reduced time spent on payment preparation and are able to concentrate on their core business activities.”

“We at Citi are proud to introduce this new service to our customers. As a leading transaction bank operating in 100 plus countries, we continue to customize tried and tested innovation in other markets and fit it to Thailand’s business needs. This helps our clients reduce their operational costs in a structured manner” says Sandip Patil, Head, Treasury and Trade solutions. “In the recent past, we have launched over a dozen such innovations and are working on few more to help our clients fight the recessionary pressure with a positive spin”.

AEROTHAI is a state enterprise providing air traffic control and aeronautical communication services for airlines and other customers. AEROTHAI bills customers and places invoices to Airlines after rendering services. Currently, airlines can make payments online to AEROTHAI on real-time basis through CitiConnect.

Citi stands as the leading one-stop E-payment service provider in this market. In Thailand Citi provides E-payment services for the Airports of Thailand PCL., the Revenue Department, the Customs Department, the Excise Department, and also other utilities operators through CitiConnect.

The service is FREE of CHARGE and now available at https://www.citiconnect.asia.citibank.com/payment/aeroth/.

For more information:
• Information and details of CitiConnect service call CitiService on 0-2232-3000
• Information and details from AEROTHAI call AEROTHAI’s Finance Department on 02-285-9299
For more details log on to www.citibank.co.th

Citi
Citi, the leading global financial services company, has approximately200 million customer accounts and does business in more than 140countries. Through its two operating units, Citicorp and Citi Holdings,Citi provides consumers, corporations, governments and institutionswith a broad range of financial products and services, includingconsumer banking and credit, corporate and investment banking,securities brokerage, and wealth management. Additional information maybe found at www.citigroup.com or www.citi.com.