uTradeHub

e-L/C Service
The notification of an e-L/C, unlike the paper-based L/C, is electronically conducted. The original is stored in the e-Trade Document Repository and circulated online, different from the EDI L/C. The e-L/C service supports a variety of banking operations such as L/C incoming notice, issue of the original copy, e-Negotiation, L/C transfer.
- Notice of L/C incoming and amendment to the terms.
- Management of International Trade Finance history
- L/C Transfer
- Common Operations (management of codes, trading companies and transaction agreements)
e-Nego Service
The service helps banks negotiate e-L/Cs, D/As, and D/Ps digitally by enabling banks to process online negotiation requests from trading companies. This electronic negotiation system is designed to review and print an original and a copy of relevant documents in order to negotiate L/Cs on the uTradeHub.
- Receipt of the request for negotiation of an export bill of exchange
- Notification of negotiation results for a bill of exchange
- Reviewing and Printing of documents(originals and copies)