MNPA, a provider of third party administration and related services to UK pension schemes, has appointed Citi to process overseas payments.
Citi will work with MNPA to support the regular electronic payments to overseas pensioners through its market-leading Worldlink Payment Services.
“We are pleased to be working with Citi to provide our clients and their pensioners with an enhanced international payments solution that will provide them with the increased automation, reliability and security they require,” says Nigel Downey, finance director at MNPA.
Worldlink Payment Services is used by thousands of corporations, financial institutions and governments around the world to process international payments in more than 135 currencies.