DIGITISE TRADE FINANCE END-TO-END
Letters of credit, guarantees, bills and collections, trade financing and reimbursements — the complete instrument set, digitised from initiation to closure on one platform. Launched one instrument at a time, on the systems you already run.
Cash gives the bank the corporate's day; trade puts the bank inside its supply chains. Every letter of credit, guarantee and financed shipment ties the bank to the corporate's suppliers, buyers and contracts — and pays for the position: documentary and trade fees, FX on cross-border flow, financing margin on both sides of the shipment. It is also the hardest business to take away. A competitor can undercut a payment fee in an afternoon; unwinding trade lines that run through a corporate's live supply chains is another matter entirely. The bank that carries a corporate's trade holds the deepest, best-defended ground in the relationship.
The complete trade instrument set on one platform — every product a trade desk sells, run digitally from initiation to closure, and launched one instrument at a time on the systems the bank already runs.
Import and export letters of credit through their whole lifecycle — issuance, advising, confirmation, amendment and cancellation through to payment and closure — including transfer, assignment, back-to-back structures and risk participation. The corporate that gets every LC variant from one bank stops shopping its trade book around.
Inward and outward guarantees, counterguarantees, standby LCs and shipping guarantees — issuance and advising through amendment, beneficiary consent, claims, renewal and closure. Guarantees follow the corporate's contracts — win them and the bank is written into every project and tender the corporate pursues.
Documentary and clean collections, import and export — lodgement, acceptance and coacceptance, availisation, advance payment, crystallisation, realisation — with bill purchase and discounting where the corporate wants early value. The desk that clears documents fastest sets the turnaround the corporate measures every other bank against.
Import and export finance, buyer's and supplier's credit, pre- and post-shipment finance — credit attached to real shipments and real documents. Financing tied to the flow earns margin on business the bank can see — selfliquidating, documented, and priced with the whole relationship in view.
The full reimbursement lifecycle — authorisations, claims and undertakings, created, amended and settled digitally. The correspondent business runs itself instead of consuming the desk.
Delivered across web, mobile, API and host-tohost · ISO 27001 and SOC 2 · VECTOR low-code integration into core banking, SWIFT and ERP.
Trade finance is the most document-heavy business a bank runs — and the document is where the time goes, where the risk hides, and where the corporate feels every delay. The platform takes the paper out of the day: documents parsed and checked digitally rather than passed hand to hand; compliance and sanctions screening built into the transaction flow, not bolted on after it; expiries, maturities and unutilised limits tracked and flagged before they become tomorrow's problem; exceptions — a discrepant document, an amendment waiting on consent, a claim ageing past its clock — surfaced to the right officer as they arise. And over it all sits SuperDash, the conversational layer: which LCs expire this month? which bills are overdue for realisation? where are we against this client's limit? — asked in plain language, answered from the live book.
A trade desk measured on turnaround should spend its day on decisions — structuring, pricing, judgement calls on discrepancies — not on finding the file.
Every instrument on this page is composable on the same chassis — new LC variants, guarantee types and financing structures configured through the product factory, on one multi-entity, multi-lingual instance, without a core-banking project each time. And because trade runs on the same customer record as cash and supply chain finance, the trade desk prices and decides with the whole relationship in view — the balances, the flows, the limits — while VECTOR, the low-code integration studio, connects the stack to core banking, SWIFT and the corporate's own systems.
Veefin leads the IBSi Sales League Table for Wholesale Transaction Banking — recognition earned in this category, against the incumbents a bank would otherwise shortlist. The platform runs in production across global and regional commercial banks, development institutions and digital-first banks in Asia, Africa and the Middle East — including institutions running trade alongside cash and supply chain finance on one platform, the model this page describes.
Digitising trade is one initiative with several owners — and the same platform answers each of them.
| Role | What they're after |
|---|---|
| Head of Trade Finance | The full instrument set, sold and serviced digitally — a trade book that grows without the desk growing with it |
| Head of Transaction Banking | Trade as the deepening move — fee income and embeddedness compounding on the cash relationship |
| COO / Trade Operations | Documents, screening and expiries run by the platform — turnaround the corporate notices, exceptions the only manual work |
| CIO | Composable instruments on one chassis, one integration layer into core and SWIFT — no parallel trade stack to run |
Trade is where the transaction-banking relationship stops being convenient and becomes structural. The bank inside a corporate's supply chains — its letters of credit, its guarantees, its financed shipments — earns fees on every flow and holds a position a competitor cannot price away. Build it on the cash relationship, digitise it end to end, and each instrument the corporate adds writes the bank deeper into how it trades. That is the ground worth holding.