Corporate - Multi-Bank Trade Finance
Bolero's Multi-Bank Trade Finance solution is a secure cloud enabled service that links corporates to their trade banks. It solves the problems associated with managing multiple credit lines from multiple banks thus helping Treasury teams to consolidate and manage all their trade finance instruments using a single common interface.
Bolero provides the functional applications required to manage specific trade instruments (e.g. Letters of Credit, Bank Guarantees, Documentary Collections) and an integrated ecosystem that connects a corporate to its panel banks and trade finance counterparties.
Corporates using Bolero Multi-Banking solutions realise the following benefits:
- Visibility of all trade finance instruments and credit lines across all their panel banks, counterparties and geographies
- Improved operational efficiency and management of their banking relationships
- Increased efficiency in the management of each instrument resulting in optimised working capital
- Ability to rapidly on-board new banking partners creating opportunities for price arbitrage
To find out more please check out the case studies or download the Bolero Multi-Banking Overview under Resources.