Exclusive: Trafigura trade sets eLC record for essDocs

A newly completed electronic letter of credit over essDocs slashed document processing times, in both beneficiary and advising banks, as well as corporates.

By Dan Bland

Sep 1, 2014

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essDOCS confirmed last week that Trafigura Pte recently used CargoDocs for Bulker for their first eDocs shipment for an iron ore cargo originating from Australia. The transaction was successfully completed on 13 August 2014.

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