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Hosted Solution for Electronic LC Advising
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Our @GlobalTrade Hosted Solution for Electronic LC Advising enables banks to deliver export LC messages to their corporate clients electronically. Banks can enhance these messages by adding information such as the advising bank’s cover letter, confirmation terms, bank charges, and contact details before transmitting the data to the beneficiary.
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Beneficiaries can choose to receive messages in the following formats:
- Raw SWIFT
- Text SWIFT with headers explained
- GT XML (GlobalTrade XML combining the SWIFT data and additional information added by the Advising Bank)
- DTAEA (SWIFT to DTAEA Converter is required)
- Customer-defined XML
Delivery options:
- E-mail attachment, full message
- E-mail notification only, download the full message from the http site
- Direct upload into @GlobalTrade Export Documentary Credit system
- Integration with beneficiary’s proprietary system
- GTC’s system can also forward a duplicate message to a mobile device such as a Blackberry
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