The newly launched portal will be available via CashPro Online, the bank’s treasury management and online banking channel for corporate and institutional clients, which enables customers and companies to complete routine transactions online and make informed business decisions.
Trade Pro allows clients to automate and manage import and export trade and supply chain activity between buyers and sellers. The portal is available in multiple languages. In addition, Trade Pro features customised settings and reporting capabilities. Other features of Trade Pro include:• Importers will be able to automate their purchase order (PO) details into letter of credit (LC) or open account (OA) transactions. Users can access online web images of related paper documents or electronic data elements to gain transaction-level insight;• Exporters will be able to access web reporting to view export LC or OA transaction details and presentation discrepancies;• Buyers will be able to make approved invoice details for discounting prior to maturity available to sellers.
Bank of America provides individual consumers, small and medium sized-market businesses and large corporations with range of banking, investing, asset management and other financial and risk management products and services.
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