Volvo comments on MT798
Jörgen Holmgren, Director Corporate Finance at Volvo speaks to SEB's Karin Ek about the experience of implementing the @GlobalTrade Multi-bank Trade Finance Platform.
"With this multi-banking platform and SWIFT MT798 communication tool you could actually send documentation sets from a production site in South Africa to a Bank in North Alaska within a couple of minutes. And I think that is really the flexibility, the dynamic and the beauty with this product."
"We asked core banks what they thought were the best way to go; and actually all of them recommended SWIFT and MT798; secure and proven for many years."
Director Corporate Finance, AB Volvo