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Connexis Trade
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With Connexis Trade you can create and amend your own letters of credit on-line, receive immediate notification of all letters of credit issued in your favour, direct collection, issue of any Guarantees/SBLC and apply for import and export financing requests through the internet.
Thanks to Connexis Trade, Carrefour deal was signed.
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CONNEXIS Trade Initiation function offers an easy step by step way of creating your application for a letter of credit, save time by either choosing a pre-filled model or copy details from existing records. To help you create documents effectively,
CONNEXIS Trade offers more than model applications. You can insert trade specific information from your own data-bases of frequently-used texts, such as descriptions of goods. In addition, selection menus allow you to insert currencies, beneficiary and bank references, reducing error and saving you time. With the on-line validation check, turnaround time is minimised.
Messages exchanged between you and BNP Paribas are fully integrated in each transactional CONNEXIS Trade module. It allows to solve each event during the cycle life of a trade file like acceptance of discrepancy and advice of payment. All your messages and attachments are managed through an integrated “Message Center” which is totally secured. CONNEXIS Trade provides accurate and regular follow-up of your outstanding transactions.
Any guarantees and financing requests including trust receipt function have their own dedicated transactional modules.
CONNEXIS Trade offers accurate reports. It allows you to consult all messages received from the bank like confirmation of opening import L/C issued by the bank and export L/C received in your favour and then retrieve detailed information.
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Message exchanged between you and the bank With our workflow model, you can keep easily track on what is happening in both the Trade Initiation and reports. At any stage, you can save a record draft or make it available for signature and transmission. An automatic schedule and an interactive diary helps you to monitor your transactions and memorize key dates for your current transactions. Daily alerts are prompted on major events with details accessible through a simple click. CONNEXIS Trade can be customized to your needs. Through segregation of rights between users and authorizers, the CONNEXIS Trade administrator can create users to prepare the transactions and then assign one or two signatories to authorize and submit the transaction to the bank for processing. Signing limits can be defined per transaction type.
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