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Really Useful Links for International Trade
Technology that will allow companies and individuals around the world to combine the convenience and trust of credit card purchasing with the financial security of an irrevocable letter of credit. It conforms to all the rules and regulations contained in the UCP 500 and its supplement for electronic credits that is now being drafted by the International Chamber of Commerce. This card can be issued in a virtual or plastic form depending on financial institutions offering this service.
A complete secure electronic trade payment system that includes production of Bills of Lading and other documents. Developed by leading international banking institutions.
A system using a VISA debit card to replace many Letter of Credit and other international payment transactions.
A co-venture between Citigroup, SAP AG and DCE Ltd that is developing a business-to-business finance and payment solution. Its goal is to set a standard for business-to-business payments, with a total payment solution that enables online secure payment between buyers and suppliers, in both traditional supply chains and e-commerce communities.
System of payment that eliminates the use of Letters of Credit in smaller transactions ($10,000 - $100,000).
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