Trio of banks offers online trade finance

Trade finance processing is an arduous, time consuming, and paper intensive process for both the financing bank and company. A new venture headed by three banks may just lighten the load.
August 25, 2000

Australian and New Zealand Banking Group Ltd (ANZ), Barclays Plc and the Bank of Montreal have agreed to form a new venture that will take their existing trade finance services online. In addition, the new venture will target third party banks globally that wish to outsource their trade finance processing.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media