Citi announced that Webull Securities (Thailand) Company Limited has adopted Citi’s Instant Payments solution powered by Citi® Payments Express to offer 24/7 real-time withdrawal services for investors in Thailand.
By leveraging Citi’s innovative instant payments solution, Webull is enhancing its financial solutions to cater to the rapidly evolving needs of the digital economy, providing individual investors with unprecedented flexibility and control over their funds.
Webull becomes Citi’s first brokerage client in Thailand to integrate with Citi Payments Express solution for real-time investor withdrawals.
Ms. Narumon Chivangkur, Citi Country Officer, Citi Thailand, commented that the payments landscape is evolving toward real-time capabilities, reshaping business and investment models into a 24/7 environment.
This can create greater efficiency and unlock new economic opportunities. According to Citi Institute, real-time payments could contribute an additional 2.7% to Thailand’s GDP by 2028—the second-highest growth impact globally—equivalent to approximately
USD 16 billion (or THB 528 billion). Addressing this evolving landscape, Citi has developed Citi® Payments Express, a reimagined 24/7, highly scalable, resilient, and cloud-enabled instant/real time payments solution, supporting businesses such as securities firms and brokerages to meet the needs of investors in fast-moving markets.
“We are pleased that Webull Securities (Thailand) Company Limited has leveraged the power of Citi’s instant payment solution to introduce a real-time investor withdrawal service; this underscores Citi’s commitment to advancing digital and innovative capabilities to meet the evolving needs of its clients,” Narumon added.
Mr. Chonladet Khemarattana, CEO of Webull Securities (Thailand) said that “Webull Securities (Thailand) is an online brokerage that enables Thai investors to trade U.S. equities with a wide range of features, including 24-hour trading. By integrating with Citi, we are not only offering a seamless and convenient user experience but also empowering investors with instant access to funds to help them compete and capture opportunities in today’s fast-moving markets.”
Global leader in instant payments
Citi can streamline the integration of local payment solutions by connecting to instant payment networks globally. This approach offers a unified entry point for real-time payments across more than 65 markets. Powering this capability, Citi Payments Express provides a highly scalable, resilient, 24/7 platform for instant payments, including access to validation and post-transaction services, enhanced risk management, and integration into real-time liquidity management.
