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UAE’s NBD launches ‘Smart Trade’

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February 20, 2021
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Home Technology

UAE’s NBD launches ‘Smart Trade’

by Gazette Staff
February 20, 2021
in Technology
UAE's NBD launches 'Smart Trade' 11 - Egyptian Gazette
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In its continuing efforts to boost digital transformation and support economic ventures, Emirates NBD-Egypt presents its online trade finance portal “Smart TRADE” which allows corporate clients to manage all their trade finance requirements remotely with the click of a button.

 

The new trade finance portal enables corporate clients to submit all their trade finance documents and requests to complete various Trade Finance transactions, which include; Import LC, Import Collection, Shipping Guarantee, Export Letter of Credit, Export Collection and Outward and Inward Guarantees.

 

Corporate clients can now fill and submit documents in one step along with the option of real-time follow-up, allowing them to receive feedback and confirmations in record time, which ultimately contributes to overcoming obstacles that arise between the import and payment phases and manage Trade cycles effectively.

 

“Smart TRADE is considered our latest digital service to support our corporate clients in managing their projects and Trade Finance ventures to allow them to make bold decisions based on the facilities we offer them.” said Mohamed Berro, CEO of Emirates NBD-Egypt. “We are keen to add more services to the trade finance portal that ensures the smooth completion of all Trade Finance transactions with less paperwork. We strive to stimulate digital transformation and to ease the management of capital and cash flows as competently and efficiently as possible.” Mr. Berro added.

Tags: NBDSmart Trade

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