Bank Melli PLC has signed a contract with China Systems for the replacement of their Trade Finance, Lending and Payments systems using our Enterprise range of J2EE products, the latest solution offered by China Systems to the banking services industry.

Offering high volume processing, advanced multi-entity STP capabilities and a browser based cross-platform design, Eximbills Enterprise together with Customer Enterprise (China Systems' front end browser based solution) will deliver cross business functionality over the Internet or through the bank's Intranet technology.

This will provide cross border automation of all Trade, Lending and Payment activities for the bank and their customers.

Bahman Attaii, Melli Bank's Deputy Managing Director in London said "China Systems Enterprise products will strengthen Melli Bank's image position as an innovative and dynamic customer focused bank." He added, "These systems will enable cross-business operation on a single platform, in a single location accessible by any of our international offices or customers, thus achieving very high levels of control and customer satisfaction."

Separately, KBC Bank, China Systems' existing global customer and largest western financial group invested in Central/Eastern Europe, has signed a contract for the purchase of 100 additional CS Eximbills workstation licenses to cover the trade finance requirements of its subsidiary, Ceskoslovenska Obchodni Banka (CSOB) in Czech Republic and Slovakia. KBC has also purchased the powerful Eximbills Toolkit which will allow its own development team to customize the system to match the exact processing needs of CSOB.

CS Eximbills is an integrated trade finance system designed to automate the full range of Trade Finance activity as well as the communication needs of the department.