- Our Business
- Our Solutions
CamelONE Trade Finance, a one-stop multi-bank portal, is the solution for businesses dealing with challenges of trade finance applications. It simplifies handling of multiple financial institutions and the tedious process of repeated trade finance applications.
It is the first unified multi-bank portal in Singapore to aggregate products from various trade finance banks. With a standard application form across multiple banks, the portal removes the tedium of navigating through a myriad of different sites, layouts and jargons which often leads to confusion, delay or worse, trade finance applications facing rejection due to human errors.
Available on the Networked Trade Platform (NTP), CamelONE Trade Finance is connected to NTP's secure repository, where all your trade-related documents such as Shipping Documents, Commercial Invoices, Bills of Lading can be safely stored. This enables data reusability and optimises the ease and speed of filling in multiple applications.
Breeze through applications forms by reusing data from trade-related commercial documents, which can be retrieved easily from NTP's secured repository, and auto-populating over 20% repeated fields.
Consolidate trade finance applications in one portal to reduce the risk of confusion and human error from managing multiple portals, reducing the rejection rates for trade finance applications.
Retrieve all your trade finance application data from one portal instead of managing multiple sources for easier and more accurate reporting and analysis that aids better decision-making.
Straight-through processing lets you enjoy faster and more efficient trade finance applications to multiple banks.
Adhering to the Monetary Authority of Singapore's Technology Risk Management guidelines, the portal follows the best practices for financial institutions and ensures data confidentiality, integrity and system security. So you can be assured that your data is protected while using the platform.