Citibank introduced enhanced CitiBusiness Preferred Banking, as part of offering small business owners flexibility, convenience and value.

Citibank said that with the enhancements its small business customers can receive an array of additional services and upgrades, including five free online wires a month, either domestic or international; preferred pricing on loans; and the bank’s best rates on money market savings accounts and a free Citigold, the bank’s top personal account.

In addition, Citibank will automatically upgrade all CitiBusiness Preferred Banking customers to Flexible Checking, which is designed to meet the needs of small businesses and nonprofit organizations.

Citibank head of Small Business Banking Raj Seshadri said the improved CitiBusiness Preferred Banking offer illustrates Citibank’s strong commitment to meeting the needs of small businesses in the communities bank serve.

"Our new package provides small businesses with innovative solutions to meet their needs and incredible value, allowing them to focus on what matters most to them – running their business," Seshadri said.