Citibank^® Unclaimed Property Reporting Service

Citibank® Unclaimed Property Reporting Service assists you in managing outstanding aged checks. As this is a comprehensive, fully outsourced service for all states and jurisdictions, you can:

• Gain a single solution for reporting to all states and government entities
• Avoid costly penalties
• Maintain compliance in each state you do business in, regarding most property types
• Eliminate back-office tracking requirements
• Maintain a rigorous process for due diligence and check re-issuance
• Enhance overall compliance and reporting for abandoned property
• Save money by escheating the right items at the right time

As part of Citibank Unclaimed Property Reporting Service, Citi will:

• Manage your payment and escheatment needs, including data collection/analysis, due diligence and check re-issuance
• Monitor state laws
• Advise and consult on initial assessments, past due liabilities, mergers & acquisitions, negotiations with states, and audit defense

Learn about the benefits of a multi-product solution that´s customized for your specific North American or global payment needs.