Export Documentary Collection System provides corporates with an easier way to submit documents to a bank under an export documentary collection. Companies can set up and manage collection-buyer profiles, import data from their ERP system, and create any other documents required for a documentary collection in seconds.

 

Benefits for Corporates

  • Faster preparation of documents through standard electronic templates
  • Global visibility of outstanding collections across multiple Banks
  • Reduction of operational risk through permanent alerts on key collection dates
  • Electronic presentation of documents directly to the Presenting Bank
  • Logistics providers can collaborate on the document preparation and use the system for remote printing of documents.

 

Benefits for Financial Institutions

  • SWIFT messaging for seamless integration with back-office systems
  • Cost savings due to digital processing of transactions
  • Improved efficiency in communication with corporate clients
  • Ability to offer innovative trade services on top of a multi-bank trade finance platform
  • Access to a targeted community to sell trade finance products and services