Shaping the future of trade services
-
| |
|
|
| |
Imagine having a global view of all your trade business at your finger tips.
|
|
|
|
| |
|
|
|
| |
|
|
| |
With GTC’s software you are able to create a global data base of all your credit facilities, standby letters of credit and bank guarantees.
|
|
|
|
| |
|
|
|
| |
|
|
| |
Our products help reduce risk, improve efficiency, compliance and transparency in trade finance operations.
|
|
|
|
| |
|
|
|
-
| |
|
|
| |
Our @GlobalTrade platform brings all parties in a trade transaction onto the same electronic page.
|
|
|
|
| |
|
|
|
-
| |
|
|
| |
GTC’s systems help reduce discrepancies and speed up receipt of payment.
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| @GlobalTrade Platform has been awarded SWIFTReady for Corporates Trade Finance label
|
|
|
|
|
|
|
|
|
|
|
Standby LC/Guarantee Issuance
 @GlobalTrade Standby LC/Guarantee Issuance (LG) System allows corporates to improve management of Standby LC/Guarantees across all their business units and banks, and simplifies the allocation and monitoring of credit facilities. The system provides a structured approval process based on user-configured authorization levels. Treasury is able to offer business units the flexibility of electronic application while controlling the selection of the issuing banks. Authorized banks can access the system to receive authenticated instructions to issue a new LG or amend an existing LG and communicate with the corporate on reductions and any other matters concerning the transaction. Alternately, communication can be done via SWIFT or email
Benefits for corporates
- Real-time monitoring of bank, country, project, and counter-party exposure
- Lower bank fees due to use of larger facilities shared by several business units within the group
- Instant visibility into the company’s global Standby LC/Guarantee database
- Ability to quickly react to changing market conditions due to electronic access to information
- Quicker access to information due to on-line availability of applications, issued guarantees, amendments, reductions, and underlying contract documentation
- Reduced operational and financial risk
Benefits of SWIFT Interface
- @GlobalTrade Standby LC/Guarantee Issuance System can connect the corporate treasury and all business units to multiple banks through the SWIFT network. @GT SWIFT Connector submits LG applications directly to the issuing bank using SWIFT MT798 Messages. The system can also receive confirmations of LG issuances and reduction information from SWIFT
- Connectivity costs are low due to sharing of the SWIFT channel with other treasury areas: payments, securities, FX, E&I, bank accounts, and additional trade finance messages (Import and Export Documentary Credits)
- Enables true straight-through processing of LG data from application to LG issuance, confirmation to reduction and closure of LG transactions
Request EADS Case Study
|
|
|
|
|
|
|
|
|
|
|
