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International Trade Banks

Most of the world's major trade banks already use Trade Technologies' web-based software to receive original UCP 600 compliant letter of credit and open-account trade documents from their exporter clients.

For a list of our Bank Partners, please click HERE

 

Trade Technologies provides global trade banks with a comprehensive solution to interface with their export customers, allowing end-to-end management of exporter letter of credit and open account transactions. Our solution enables a bank’s exporting customers to present original UCP 600-compliant trade documents and original open-account documents directly to the examination offices of international trade banks anywhere in the world without the expense of couriers.

 

Banks partner with Trade Technologies to make our outsourced services and industry-leading technology available to their export customers, which simplifies and accelerates the delivery of trade documentation. This connectivity improves customer experience and drives additional revenues to the bank. Our software converts a commodity bank service—trade document examination—into a competitive advantage helping global trade banks improve customer service and increase trade services fee revenues from existing and newly acquired customers. Our platform is easy to use and implement. It is a proven solution, processing more than $9 billion in global transactions per year.

 

Features and Benefits for International Trade Banks:

  • Increase fee-based revenues by adding new customers and providing enhanced service to existing customers.

    • Trade Technologies' trade-payment software and services dramatically accelerate cash flow and reduce risk for Exporters, Freight Forwarders and Asia-Direct Importers and Vendors.

    • Digital delivery of documents results in lower costs and accelerated payment to Exporters, Freight Forwarders and Asia-Direct Importers and Vendors.

  • Achieve pricing advantage through significantly reduced courier fees, document archiving and imaging costs.

    • Our solution allows immediate access and printing of original documents at any location authorized by the bank.

    • We provide a centralized, secure document repository eliminating the need for storing and maintaining paper files.

  • Balance workload across examination processing centers and better utilize staff.

    • Examiners are immediately notified when documents are presented electronically.

    • Documents can be retrieved by the most advantageous examination offices over the internet.

    • Secure, role-based access to documents and applications at anytime from anywhere through an intuitive web interface.

  • Show immediate ROI with a rapidly deployable, low maintenance web-based solution.

    • The solution requires no dedicated IT resources to maintain - no new hardware to buy or software to install.

    • You can implement in the morning and examine documents in the afternoon.

  • Increase examiner efficiency with improved document accuracy and reduced discrepancies.

    • Immediate online discrepancy resolution quickly clears documents from examiners' desks.

    • Tracks the examiner, examiner's location, status of the transaction, events and creates time stamps for each event.

    • Empowers operations and risk managers to remotely access original documents to ensure compliance.

 

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