Mitigation of Counterparty and Country Risk
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Citi provides custom-tailored risk mitigation services - from simple letters of credit to more complex financing solutions.
The perception of risk and the handling of risk in cross-border trading is continually changing. Our presence on the ground in over 100 countries enables us to better assess local market conditions and companies, while the needs of our clients lead us to understand and evaluate a wide range of risks.

Citi offers a full range of products, including Bid and Performance Standby Letters of Credit and Commercial Letter of Credit Confirmations. Our global branch network confirms letters of credit issued by banks around the world, even in remote locations. With such a broad presence worldwide, we are likely to satisfy your letter of credit confirmation needs in any region. Our relationships with over 3,000 financial institutions allow confirmation arrangements to be concluded rapidly and efficiently, which allows you to ship goods in a timely manner. Citi Trade specialists work with you to develop solutions tailored to your specific risk mitigation requirement. For example, we maintain strong relationships with leading political risk insurers and can often develop an innovative solution that covers multishipments and / or multicurrency arrangements, helping you to mitigate your trade risk effectively.

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