Tag: bpo

The bank payment obligation (BPO) is often seen as an earlier effort to digitise trade finance, but it may still have a role to play even as blockchain trade platforms mushroom every month

The Asia-Pacific operation of a major Japanese carmaker just completed a US-dollar bank payment obligation transaction with Al-Sayer.

Corporate treasurers must play a crucial role in getting capital to flow smoothly along supply chains

After pioneering Middle East’s first automotive BPO, Al-Sayer’s group treasurer explains why he wants to do more.

CT reveals the key treasury findings from its third – and largest – annual trade finance and risk management poll.

Bolero and essDOCS inked their first deals on India trade and bank payment obligations (BPO), breaking new ground for the normalisation of electronic trade documents.

The development of the bank payment obligation is faltering - flaws are preventing the valuable tool from becoming a mainstream play.

Turkish packaging company, Köksan, is the latest corporate to adopt bank payment obligations in a transaction with PTT.

To be successful, electronic trade presentation must be globally adopted and Australian institutions are pushing the scrum.

Usage of BPOs is picking up, but a lack of formal accounting and capital standards is leading to problematic accounting guesswork.

UniCredit and Bank of Tokyo Mitsubishi have completed the world's first bank payment obligation between Japan and Germany. Once the obligation was triggered, the seller in the transaction sold its receivables to UniCredit in order to reduce its days sales outstanding.

The mining and commodities conglomerate is looking for partners in its supply chain to beta test the bank payment obligation.