Tag: lc

The South Korean shipper is the latest to adopt digital LC in an effort to upgrade its trade processes and become more sustainable.

Inability of various technology platforms to communicate with each other securely and lack of scale are obstacles to greater digitization, say bankers.

The Asia treasurer tells CT the limits of blockchain to its business and what more needs to be done to speed up trade finance.

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

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

The Asean single market is ready for go live by 2016 but major issues will take longer to resolve; Singapore tweaks FX policy; RBI eases ECB standards

Prominent CFOs say the Indonesian Trade Ministry's new requirement that commodity producers use LCs for all exports is misguided.

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

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

The region’s top treasurers share their advice on the key strategies when negotiating more favourable credit lines with banks.

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.