Our recommendations are carefully designed to provide global business solutions. We draw upon vast capital and technological resources to process critical transactions in a timely and cost effective manner. We are committed to providing quality products and a high level of service. First Union has enhanced this product to include greater functionality and security. Customers can now receive and review advised letters of credit on the Internet as soon as they are received by First Union, doing away with paper and manual effort currently involved.
Customers can view and print complete copies of each letter of credit.
In addition, special requests can be submitted over the Internet for letter of credit transfers and assignments. Purchase Order Processing - The Import Express system provides a range of capabilities for processing and incorporating Purchase Orders into Letters of Credit. The system provides for manual PO record entry and the importing of formatted PO profiles into a flexible PO database. Electronic Letter of Credit issuance, delivery and information reporting is available on your PC for transactions processed at any First Union location. We offer a complete spectrum of trade financing services for both the U.S. and international markets.