Standard Bank’s owned Stanbic Bank, largest commercial bank in Uganda, signs Traydstream for Letters of Credit for Discrepencies
Source: https://www.finextra.com/pressarticle/79734/traydstream-expands-into-africa-with-stanbic-bank-mandate/transaction
Published in
1 min readSep 22, 2019
September 10th, 2019
Stanbic Bank Uganda (SBU) and Traydstream Ltd have signed an agreement to implement the Traydstream platform at SBU.
This platform is intended to digitize the current manual process of vetting Letters of Credit for Discrepencies. The trade document processing conducted over the past few months proved the dramatic improvement the Traydstream platform brings to SBU’s processing, turnaround and end-to-end trade capabilities.
