SCB is first respondent bank live on Citi's tokenized deposit clearing solution
Today Citi and Thailand’s Siam Commercial Bank (SCB) announced that SCB is the first financial institution client to go live with Citi’s integrated 24/7 USD Clearing and Citi Token Services solution.
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In the first live interbank use on July 9, Siam Commercial Bank client Phillip Securities received dollars from a Citi London account over a US holiday weekend, outside Fedwire and CHIPS hours.
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