What is @GlobalTrade?

@GlobalTrade™ is an Internet-based trade services system that enables buyers and sellers to conduct commercial transactions in a secure, cost effective and efficient environment while bringing all parties in a trade chain on to the same electronic page. It is the only fully open web-based 'end-to-end' system for completing cross border trade transactions over the Internet that adheres to ICC rules and standard banking practices.

@GlobalTrade has helped evolve trade processing into an interactive payment and document management system capable of serving multiple financial institutions around the world. @GlobalTrade offers straight through processing by merging banks' systems with the ASP based document management system while allowing users to leverage their existing technology infrastructure.

@GlobalTrade makes it possible for a letter of credit to be issued over the Internet from anywhere in the world; to virtually eliminate delays caused by discrepancies in paper-based processing; and to track the entire transaction process on-line in real time. @GlobalTrade allows for faster payment processing, guarantees irrevocable funds availability, authenticates customers and trade service providers, and integrates invoicing, transport documentation and payments.