Estados Unidos- 6 de diciembre de 2000, (Bridge News).- Citibank Chile, the local unis of U.S. banking giant, on Wednesday signed an agreement to lend online payment services and transaction settlement to a corporate B2B Web site, Citibank Chile CEO Ariel Sevi said Wednesday.

Up until how, corporate client only made the contact in the web site, and the vest of the transaction, including paperwork, was carried out in a normal, physical way . From now on, they will be able to not only contact their clients or partners, but also to close chel deals through secure online document " Sevi said. The alliance will also provide e- new market of financial transactions to Citibank clients, he added.

Citibank had focsued in large firme and receptly on smaller firms here but without disregarding its traditional ig-income clientele, he said. The Agreement comes in line with Citigroup, Citibank Chile is global headquarters, technology expansion plan in Latin América , sevi said Citigroup has said it wants double its presence in emerging markets comercial and investement banking.

The web site, senegocia.com, started operational 6 months here, and also operates in Perú and Argentina. It currently has some 10.000 corporate clients and it has carried out come 200.000 transactions here for a total $20 million. During the first ten months of 2000, Citibank was managing 1.081 trillon pesos in loans, coming fourth among private owned banks here.