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Turkish packaging company, Köksan, is the latest corporate to adopt bank payment obligations in a transaction with PTT.
CIMB's completed interbank BPO involving China CITIC Bank continues the lead taken by Asia-Pacific banks in developing the new trade finance tool.
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?
Swift and the Thai government will speed up transactions and make it easier for the country to connect to its ASEAN neighbours by implementing the newest bank messaging standards.