DBS Bank completes first digital letter of credit for Super Steel
In an industry first, the Singapore lender has completed a S$4.8 million trade finance settlement for Super Steel. There are now two more such deals in the pipeline
Singapore’s DBS Bank has completed its first trade financing settlement through CamelONE’s Trade Finance portal (TFP) - a S$4.8 million ($3.45 million) letter of credit transaction by local steel wholesaler and supplier Super Steel.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
