1 COMPREHENSIVE HANDLING OF ALL TRANSACTION TYPES
The System handles Letters of Credit, Guarantees, Documentary Collections on both the export and import side for all possible scenarios. It can also handle specialities such as back-to-back, standby, transferable or revolving L/C, Bills of Exchange, all payment types and banks that may play a role in the transaction.
2 DIGITAL FRONT-END
The solution is developed on a Modern Digital Platform which has Front- & Back-end capabilities.
3 SWIFT GETS AUTOMATIZED
The System contains a (modifiable) template for all Trade Finance related SWIFT messages and generates the outgoing SWIFT messages. Incoming SWIFTs are automatically processed and details of the message appear on the user interface also a new workflow or transaction is created.
4 FLEXIBLE FEE PACKAGES
The System includes a fee module where all types of fees can be set up and grouped into fee packages that may be applied either for a certain client or group of clients. Fees can be related to workflow steps, products and can be differentiated based on input values.
5 EASY ADVICE, REPORT AND DOCUMENT MANAGEMENT
Within the system, there is a very easily modifiable template-based Advice and Report generation tool. The advice templates are defined in MS Word format. The reports can be generated by the same template-based tool or it can be simply generated from the system list screens with an export function. The output format can be XLS or PDF. The system can store and retrieve all generated documents or can be interfaced to the main Document management tools.