15 December 2017
visit www.solutions.lexisnexis.com

Wachovia releases CyberImport LC Web application

08 April 2003  |  3105 views  |  0 Wachovia releases CyberImport LC Web application

Wachovia has released CyberImport, a Web-based product for automating letter of credit processing.

CyberImport applies at all stages of the LC transaction process - from issuance/acceptance, through discrepancy resolution, drawdown and final settlement - and features real-time query and response status reports.

Mike Schmittlein, managing director in the international division's global trade services group says the release of the product is in keeping with Wachovia's legacy as the first US bank to offer LC processing over ther Internet. "We consider CyberImport to be a valuable solution for the entire spectrum of companies - from small businesses up through large corporations in a variety of industries - because it allows our customers to take control of both the front and back ends of the LC transaction process."

The new application is the latest addition to CyberSuite, a family of Internet based products designed to allow corporations and trade partners to initiate, manage and monitor trade transactions over the Internet.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Whitney National Bank selects AMS for trade finance

Whitney National Bank selects AMS for trade finance

21 March 2003  |  4319 views  |  0 comments
Postbank builds trade finance business with TradeCard

Postbank builds trade finance business with TradeCard

20 March 2003  |  3491 views  |  0 comments
Société Générale licenses Surecomp package for trade finance

Société Générale licenses Surecomp package for trade finance

20 March 2003  |  3306 views  |  0 comments
JPMorgan Treasury Services puts TradeDoc on the Web

JPMorgan Treasury Services puts TradeDoc on the Web

19 March 2003  |  2941 views  |  0 comments
Bank of Cyprus implements Surecomp's Imex for trade finance

Bank of Cyprus implements Surecomp's Imex for trade finance

13 March 2003  |  3217 views  |  0 comments
Valley National selects Surecomp's NetImex for trade finance

Valley National selects Surecomp's NetImex for trade finance

12 March 2003  |  2869 views  |  0 comments
Tradelink, Core and Bolero.net launch Otto trading platform

Tradelink, Core and Bolero.net launch Otto trading platform

07 March 2003  |  3887 views  |  0 comments
Frost Bank outsources trade finance services to BoNY

Frost Bank outsources trade finance services to BoNY

19 February 2003  |  3594 views  |  0 comments
Brief: Bank of Hawaii Corporation selects Misys trade finance solution

Brief: Bank of Hawaii Corporation selects Misys trade finance solution

19 February 2003  |  3729 views  |  0 comments
Wachovia names Martin Davis corporate CIO

Wachovia names Martin Davis corporate CIO

11 February 2003  |  2370 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.atos.netvisit www.solutions.lexisnexis.com

Top topics

Most viewed Most shared
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
10197 views comments | 16 tweets | 25 linkedin
satelliteRipple completes XRP Lockup
9356 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
8948 views comments | 17 tweets | 36 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7593 views comments | 20 tweets | 11 linkedin
Australian Government amends AML rules to cover digital currenciesAustralian Government amends AML rules to...
7222 views comments | 15 tweets | 24 linkedin

Featured job

Find your next job