Trade digitisation

Our solutions help banks to meet the needs of corporate customers for risk reduction and cost efficiency across their supply chains

Optimising supply chain finance

Global trade is moving to open account terms as suppliers and purchasers compete to be more efficient.  Our trade digitisation solutions assist banks to provide innovative trade and supply chain services – and enable corporates to reduce risk, enhance process efficiency and improve liquidity management. 

There is an increasing drive to integrate and optimise supply chains, including pre- and post-shipment financing, invoice discounting and the secure exchange of trade-related documents. Banks can use the Trade Service Utility (TSU) to electronically match and exchange purchase orders, invoices, and other documents on behalf of their corporate customers. 

The TSU also facilitates the Bank Payment Obligation (BPO): a digital instrument to support trade settlement using ISO 20022 data structures and automated matching.

Trade and supply chain solutions for corporates

We can help you to streamline your corporate-to-bank communications and benefit from new ways to finance trade. Learn about the Bank Payment Obligation and other automated solutions.

MT 798 for corporates-to-bank communications

The TSU is a centralised matching and workflow engine that provides timely and accurate comparison of data from documents such as purchase orders and invoices.

The Bank Payment Obligation (BPO)

This standardised, irrevocable payment instruction uses ISO 20022 data structures and provides the security associated with Letters of Credit. Data is matched electronically using the TSU.

The Trade Services Utility (TSU) for banks

The TSU is a centralised matching and workflow engine that provides timely and accurate comparison of data from documents such as purchase orders and invoices.

Understand the benefits

Find out how corporates are using digital trade services