EXPORT LETTERS OF CREDIT: EXPORT SERVICES
As the first bank in the world to enable companies to initiate letters of credit on the Internet, Wachovia continues the legacy with its TradeXchange family of services
Export Services, one of our family of TradeXchange trade services for corporations, allows exporters to maximize their return on foreign sales with:
- Faster receipt of new L/C's and amendments
- Accelerated cash cycle for exports
- Reduced waste and manual effort
- Added control, reduced risk, and reduced administrative costs when managing outstanding export receivables
- Simplified application (direct deposit) of cash received on export shipments
Export Services enables you to use online technology to:
- View export L/C's advised or confirmed by Wachovia
- Initiate documentary or L/C collections on the Internet
- Request L/C transfers and assignments of proceeds
We even email you each time a letter of credit arrives.
Export Services is easy to use. You can view a sample Advised Letter of Credit screen below.
Import Services Letter of Credit Issuance:
