Documentary Collections The Digital Rebirth
July 22, 2021 // by: Joel Schrevens
To enable this digital handshake between buyer and supplier based on a ‘Transfer of Ownership of a Bill of Lading’ against an ‘Acceptance of a Bill of Exchange’, we have created an end-to-end collaborative digital collection workflow, based on full API integration between our Trade and SCF Back Office Eximbills Enterprise, our corporate portal Customer Enterprise and an eBL platform as well as a solution provided by one of our ITFA Fintech partners, through which digital original documents such as a Digital Bill of Exchange and Promissory Note (= ePU ) can be created and transfer of ownership of those documents can be managed using a public DLT based digital notary.