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DBS, OCBC take trade finance into the digital age

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Published Mon, Mar 2, 2020 · 09:50 PM

    Singapore

    TWO Singapore banks have ramped up efforts to boost efficiency in trade finance, an old trillion-dollar industry that until recently had been predominantly based on paper documents.

    DBS Bank and OCBC Bank on Monday both issued their first electronic banker's guarantee on the Singapore Customs Electronic Bank Guarantee Programme (eBG programme).

    Singapore banksOCBCDBSTrade finance

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