Month: November 2019

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Digitalisation in Trade Finance (excerpt from Hubert Martini’s book)

Words of an expert and designer of trade digitalisation solutions for both banks and companies. Trade Finance has long been insensitive to technological progress, remaining instead – both due to tradition and necessity – locked into manual, complex and resource-consuming practices. In the 2000s, banks, who were keen to reduce their operational costs, invested in…
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Trade finance, a new area of optimisation for treasurers

According to Emmanuel Léchère, Market Intelligence Manager at Redbridge, fees for notifications and the use/removal of documents and amendments, which are often proportional to the amount of a documentary credit, are as unjustified in an export contract as are account activity fees on commercial debit flows (CMC). Trade finance tools, which are designed to regulate…
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