Digital Trade Finance: Singapore’s DBS Bank Facilitates Transaction via vCargo Cloud’s CamelONE Portal
Singapore-headquartered DBS Bank, a multinational banking and financial services corporation with over $330 billion in total assets, has reportedly facilitated a trade financing settlement through vCargo Cloud’s CamelONE trade finance portal (TFP). The SGD 4.8 million (appr. $3.4 million) letter of credit transaction was carried… Read More
Read more in: Asia, Fintech, Global | Tagged apac, asia pacific, dbs bank, digital trade finance, singapore, sriram muthukrishnan, trade finance, trade finance portal, vcargo cloud camelone