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Internet Banking: Trade Finance
BankWorld Internet Trade Finance web-enables existing trade finance back office systems. This provides bank clients with the secure means to view and track all their trade finance services with the speed and efficiency modern businesses demand. This reduces processing costs and improving efficiency and accuracy for both the bank and its clients.
With BankWorld Internet Trade Finance, clients can manage their trade finance position with minimal effort and maximum speed from the convenience of their desks or in fact anywhere in the world. It can be configured for all clients input to be directed to corporate customer service personnel for approval, after the appropriate level of authorisation within the customer's organisation is granted, before sending the request to the bank's trade finance back office for processing.
Benefits of BankWorld Internet Trade Finance:
Increased revenues
- Vendor independence
BankWorld Internet Trade Finance offers banks complete independence from any trade finance back office vendor, thereby giving banks a higher degree of control over future cost involved in the rollout of new web enabled Trade Finance functionality - Minimises costs
Because the front-end customer facing application is web-enabled, BankWorld Internet Trade Finance allows banks to leverage their trade finance back office investment regardless of its age -
24 x 7 services
Extends the bank's operating hours by supporting 24 x 7 services, including overnight and holidays, regardless of the operational availability of the legacy system - Increases loyalty and retention
From the convenience of one screen, customers can track their trade finance portfolio online from virtually any location at a time that suits them, thus increasing customer satisfaction - Reduces paper trail
Download BankWorld Internet Trade Finance product sheet
BankWorld Internet is available in the following modules
- BankWorld Internet Retail
- BankWorld Internet Retail Plus
- BankWorld Internet Business
- BankWorld Internet Trade Finance
- BankWorld Internet Investment
- BankWorld Support Centre