Citibank is one of the world's leading banks with a local presence in over 100 countries and a global network of more than 3,000 correspondent banks. With industry expertise across a wide range of markets, our dedicated bankers work closely with you to customize a commercial banking program that increases efficiency and improves cash flow. In particular, our Exchange Management Account is designed to help Qualified Intermediaries reduce the administrative tasks associated with managing escrow funds for 1031 exchange clients. This automated solution helps you oversee up to 3,000 sub-accounts linked to multiple control accounts. Each control account has its own fee structure and, with a host of online tools, the process of tracking proceeds across all your exchanges is greatly simplified.
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