Standard Chartered completes first blockchain letter of credit between Thailand and Vietnam

Fintech is moving mainstream as Standard Chartered announces successful letter of credit transaction between Vietnam and Thailand
Standard Chartered completes first blockchain letter of credit between Thailand and Vietnam

Standard Chartered has completed the first cross-bank Letter of Credit (LC) transaction between Vietnam and Thailand conducted over blockchain, cutting processing time from 5 days to 7 hours.

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 financial 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.
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
Become a CorporateTreasurer Subscriber
for unlimited access to all articles, newsletters