A fully functional ‘best of class’ web based trade finance banking service which is designed to increase the efficiency of processing trade finance transactions applications whilst delivering a highly efficient system for reporting and tracing the status of the transactions and its documents.
A full suite of trade application modules are available online:
- Import Letters of Credit
- Export Letters of Credit (Inward LC Advising)
- Banker’s Guarantee / Counter Guarantee – Outward
- Import Collection
- Export Collection
- Financing Request
- Issued Standby LC
- Received Standby LC
- Shipping Guarantee / Endorsement of Transport Document
By being online, you can manage and monitor your trade finance transactions and applications anywhere whilst speed and security are ensured.
Savings and Improved Efficiency
Automates your traditionally manual paper-based application process, thus improving your documentation efficiency and in doing so, reduces your risks and costs.
Eliminates Potential Errors
With field validation functions and authorisation and administrative controls, TradeConnex expedites the trade finance application process whilst minimising potential data entry errors.
Ease of Communication
Supports direct communication with the bank and provide alerts on your trade finance transactions.
Besides application features, TradeConnex has other beneficial system features that allows you to maintain your data, access to bank news, track / monitor key trade finance events or transactions, view historical trade transactions, including outstanding, settled as well as cancelled transactions and allows audit trail follow up, amongst others.
Another value-added feature via TradeConnex is the ability to access to Maybank Trade Information Centre (MTIC). MTIC allows you to explore new markets as it provides international trade information on more than 186 countries. These information include importer/exporter directories, global trade researches, trade compliance guide, denied party screening, selling price calculator and currency and measurement converter. You can access such information to check on certain import and export counterparts, explore new markets and expand your cross border trade.