Surecomp signs Peru's Banco Interamericano de Finanzas to trade finance package

Surecomp signs Peru's Banco Interamericano de Finanzas to trade finance package

Peru's Banco Interamericano de Finanzas (BIF) is installing an online front-to-back trade finance platform supplied by Surecomp.

The bank has licensed the vendor's Internet-based front end system NetImex, which is designed for use by a bank's corporate and commercial customers. Surecomp says the system manages a range of transactions, including letters of credit, standby letters of credit, amendments, payments and acceptances, guarantees, clean payments and export collections.

BIF will also deploy Surecomp's Windows-based IBSnet, which will be used in the back office.

Isabel Quevedo Ocampo, international business manager at BIF, says: "The in-depth functionality provided by the IBSnet/NetImex combination will allow BIF to leap forward into a new era of trade finance banking."

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