CHICAGO -- Citicorp said it reached an agreement with Bancomer of Mexico under which Bancomer will sell only Citicorp Visa travelers checks.

The Mexican bank is committed to selling the Citicorp checks exclusively for the next three years rather than distributing its business among two or three issuers.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.