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@GlobalTrade > Export Documentary Credit

Our @GlobalTrade Export Letter of Credit system allows corporates to receive documentary credits electronically from their banks, share LC details with various divisions, subsidiaries and/or factories throughout their organization, prepare compliant documents, and collaborate on those documents with logistics providers. Banks authorized to access the system could pre-check such documents electronically before they are presented and thereafter receive a fully electronic or a mixed paper and electronic presentation as per eUCP.

Benefits for corporates
  • Reduced operational risk
  • Assistance in preparation of compliant documents
  • Quick presentation
  • Improved monitoring and control
  • Ability to turn receivables into cash quicker
  • Improved efficiency in LC handling
  • Easy creation of reports
  • Notifications and alerts


Benefits for banks offering @GlobalTrade Export LC System
  • Closer relationships with clients
  • Opportunity to increase the number of LCs advised
  • Customer service image
  • Technology to provide outsourcing services
  • Chance to offer additional value-added trade services
Benefits for Logistics Providers
  • Faster delivery of documents to clients
  • Reduction of courier fees and manual data entry
  • Ability to offer better customer service
Request DaimlerChrysler Case Study

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