BIDV TradeFlat - solution for import-export businesses to break through

Understand the business - Create solutions

On the journey to bring Vietnamese goods to the world market, import-export enterprises often have to carry out many procedures: signing contracts, issuing letters of credit (L/C), customs declaration, chartering ships, buying insurance, applying for certificates of origin, etc. Usually, each stage will involve many partners. If there is a lack of overall connection, the process will be prolonged, operating costs will be high and there will be many potential risks.

Understanding these difficulties, BIDV has cooperated with its technology partner FPT IS Company under FPT Corporation to develop a seamless and comprehensive trade finance transaction platform called BIDV TradeFlat.

The solution was built by BIDV with the goal of simplifying the international trade journey, seamlessly connecting parties in the import-export transaction cycle and providing flexible financial solutions completely on digital channels. This is an important step in the digital transformation journey of BIDV in particular and the Vietnamese banking industry in general.

One platform - Many benefits

With BIDV TradeFlat, businesses only need to access a single digital platform to synchronously access services: banking, customs, logistics, insurance and electronic document management.

In this ecosystem, BIDV plays the role of a financial connection center, providing a full package of key trade finance products such as: opening and managing L/C, collection, discounting, import-export finance, cash flow management and international payment. With many years of experience accompanying the import-export business community, BIDV is committed to providing modern, safe, effective and comprehensive financial solutions.

In the coming time, BIDV will continue to expand its features, add new financial and non-financial services to the system, aiming to build a more comprehensive, convenient and effective digital import-export ecosystem, contributing to enhancing the competitiveness of Vietnamese enterprises in the international market.

On the occasion of launching BIDV TradeFlat, BIDV offers 100 digital signatures for businesses and personal digital signatures for businesses with a usage period of 12 months. Businesses can sign digitally anytime, anywhere, ensuring safety and efficiency with only handheld devices such as smartphones, laptops, tablets... connected to the internet. This is an essential tool to help businesses complete their digital transaction experience on the BIDV TradeFlat platform.

For more information about BIDV TradeFlat and preferential policies, please contact the hotline dedicated to businesses 19009248 or contact the nearest BIDV branch.

With effective solutions in trade finance and supply chain finance and positive reception from the market, in recent times, BIDV has been voted and awarded the “Best Trade Finance and Supply Chain Finance Bank in Vietnam” by The Asian Banker Magazine twice in a row.

Source: https://bidvinfo.com.vn/bidv-tradeflat-giai-phap-de-doanh-nghiep-xuat-nhap-khau-but-pha-10012359.html