Tag: elc

The world’s largest commodity traders are spearheading a move to electronic trade presentation.

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

BHP Billiton and Xiangguang Copper have transacted a first of a kind back-to-back electronic letter of credit over Bolero, shaving 20 days off a typical transaction.

Part II of a case comparison of the latest advances in trade finance covers BPOs and eLCs. Are they mutually viable in the long-term?

Part one of a case comparison looks at BPOs and eLCs. Are both practices mutually viable in the long-term?

ExxonMobil with BAML and China CITIC has driven the use of electronic bill of lading (eBL) in Asia with its shipment from Singapore to China via the essDOCS online platform.

Cargill and BHP Billiton have run a series of electronic-document presentations through Electronic Shipping Solutions (ESS) confirming letters of credit between RBS and Westpac.