BHP Billiton, Shougang’s eLC strategy for iron ore shipment

The mining and steel giants worked with their bank partners to complete an iron ore shipment via electronic trade presentation.

By Daniel Flatt

Nov 1, 2016

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Bank of China (Hong Kong) has used Bolero’s ePresentation solution for its first-ever electronic back-to-back documentary credit, shaving off days to facilitate a large iron ore shipment from Australia to China.

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