Tag Archives: Electronic Trade Documents Act

Paperless Revolution: Lloyds Bank Digitizes Guarantees and Standby Letters of Credit

Posted on 9, October 2023 by

(IN BRIEF) Lloyds Bank has introduced a revolutionary “Paperless Guarantee” initiative, enabling clients to request digital Direct Guarantees or Standby Letters of Credit for more efficient, secure, and environmentally friendly trade transactions. This initiative follows Lloyds Bank’s success in pioneering … Read the full press release →

Posted in Banks, Business, Financial, Investment, Technology, United Kingdom

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