Three new payment methods for RCS & RDS invoices

Citibank Romania has announced that its Global Transaction Services business has been mandated by RCS & RDS to collect invoices from its clients, through the countrywide network of its partner bank CREDITCOOP, Unikasa and Easy Payments services.

The clients of the most important supplier of integrated services of telecommunications in Romania have now at their disposal 850 units from the national network CREDITCOOP in order to pay their invoices conveniently, time-efficiently and free of charge. .

RCS & RDS is constantly interested in its clients' needs, entering into valuable partnerships with companies which can ensure support for its millions of clients. Through Citibank Romania and CREDITCOOP, RCS & RDS will offer to all of its clients from the urban and rural area the possibility to pay their invoices for the services received, in a timely-efficient way, and without additional costs. Through their countrywide network, Citibank Romania and CREDITCOOP offer to RCS & RDS the opportunity to ensure these payment conditions especially to its clients from the rural areas.

"The success of the partnership between RCS & RDS, CREDITCOOP and Citibank Romania demonstrates the ongoing efforts at Citi to tailor banking services for meeting the needs of our clients and partners," said Tibor Pandi, Citi Country Officer Citibank Romania.

Adrian Morar, General Director CREDITCOOP, declares: „In order to meet our clients' needs, to whom, besides banking services, we also offer other services related to invoices collection for energy, gas, fixed telephony, payments for agricultural produces. We appreciate that this partnership with RCS & RCS and Citibank Romania will contribute to the diversification of these services which territorial co-operative banks and their agencies offer to customers. We inform the public that we started this activity in the domain of telecommunication services (TV, Internet, and Telephony) as well, activity that we are able to carry on in the necessary technical conditions and with efficiency".

About RCS&RDS:

RCS & RDS is one of the most important operators in Eastern Europe, providing telecommunications services in Romania, Hungary, Czech Republic, Slovakia, Croatia and Serbia, both for the residential and business areas.

Being a modern company with 15 years experience in providing telecommunications solutions, RCS & RDS has developed its own telecommunications infrastructure by optical fiber, covering these European areas with TV cable, internet, mobile and fix telephony services. RCS & RDS offers 4play in Romania, 3play în Hungary and Slovakia, mobile telephony services in Spain, and satellite television on all its markets.

It is a leader on the Romanian market for providing internet services, and cable and satellite television and it is the biggest alternative provider of fix telephony. Moreover, RCS & RDS is the only telecommunications operator in Romania which offers full packages of 4 services: cable and satellite television as "Digi TV", high speed internet as "Digi Net", fix telephony as "Digi Tel", and mobile telephony as "Digi Mobil". For all these packages, the company has the most accessible prices on the market.

About Citi:

About Citi Romania

Citi has been present in Romania since 1996 and provides high-quality financial products and services to national and international companies, small and middle enterprises, the public sector, non-profit organizations and individuals.

About Citi

Citi, the leading global financial services company, has approximately 200 million customer accounts and does business in more than 140 countries. Through its two operating units, Citicorp and Citi Holdings, Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage and wealth management. Additional information may be found at www.citigroup.com or www.citi.com .

About Citi Global Transaction Services:

Global Transaction Services, a division of Citi's Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citi's Global Transaction Services supports over 65,000 clients. As of the fourth quarter of 2009, it held on average $335 billion in liability balances and $12.1 trillion in assets under custody.

About Unikasa

Introduced in Romania in 2004 by Citi, the Unikasa service allows clients to easily and conveniently pay their invoices with Cosmote, GDF Suez Romania, Apa Nova, CEZ Vânzare, CEZ Distribuţie, Vodafone, Avon, Romtelecom, Enel Energie Muntenia and Zapp. The client only has to show the invoice at the Unikasa pay-office, where the cashier scans the barcode, after which the payment is being registered in the system and confirmed through the receipt. The use of the Unikasa system is free of charge. The service is accessible to anybody, not only to Citibank clients.

About Easy Payments

Easy Payments is an automated cash payment system, based on a variant of the traditional ATMs, whose function of cash withdrawal is being replaced with that of depositing. Invoices payment is made only by cash, without being necessary that the payer should have a card or a banking account. The transactions are fast, convenient and safe through scanning the barcode on the invoice, after which the client deposits the money. The operations can be made 24/7, free of charge. Through Easy Payments there can be paid housing invoices, mobile and fixed telephony, insurance policies, university taxes and fines. Citi launched Easy Payments in 2000 and was the first bank in Romania to offer an automated system of cash payments.

About CREDITCOOP:

The co-operative banking network CREDITCOOP, formed by The Central Co-operative bank, 17 of its agencies and 50 co-operative banks with almost 800 working points, offers banking services to its clients in all the country's counties, having a long-lasting tradition in the environments in which it activates.

The activity of the co-operative banks is coordinated by the Central Co-operative Bank CREDITCOOP, which has representation, control and supervision attributions, ensuring the banking function for the network units.

The present organization of our institution envisions our experience of more than 150 years of existence of the co-operative banks in Romania, which represents a strong argument for developing financial partnerships with different banks and economic agents.