Chinatrust bank treads where not many dare

Not many banks are willing to offer trade finance without the security of a letter of credit. Chinatrust Bank steps up to the plate to offer multi-country financing for TradeCard members.

Taiwan's Chinatrust Commercial Bank has signed on to become a member bank of TradeCard, a global online international trade transaction network. As a member bank, Chinatrust will be considering members of TradeCard for trade financing without the security of a letter of credit. 

Securing the co-operation of Chinatrust is a step forward for TradeCard buyers and sellers. The company's main proposition is to facilitate international paperless transactions based on the co-operation...

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