NetLC - Enabling the initiation of L/Cs in-house
Internet-based NetLC is Surecomp’s new powerful software solution enabling corporate users to initiate and monitor Letters of Credit (L/C) in-house. Additionally, NetLC allows for the initiating and monitoring of a wide variety of other transactions such as Standby L/Cs, Guarantees, Collections and Payments. NetLC also allows the user to utilize L/C data received from the bank to generate trade documents.
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Software, Web-Based (Browser)
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marketing@surecomp.com
1 201 217 1437
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Additional Product Information
NetLC is an advanced software solution that enables corporate users to initiate and monitor Letters of Credit and many other types of Trade Finance transactions in-house through a standard browser. User friendly with a fast learning curve, the bolero.net-enabled NetLC streamlines the Trade process for global, regional and small corporations, helping them improve operational capabilities, minimize operational risk and move closer to a true STP environment.
NetLC significantly reduces the number of paper-based transactions by enabling users to initiate and monitor a wide range of trade finance activities, including L/C’s, Standby L/Cs, Guarantees, Export Collections and Outgoing Payments. In addition, NetLC allows the enterprises to utilize L/C data received from the bank in order to generate an array of export trade documents.
By fully monitoring the trade cycle via in-house processing, NetLC helps enterprises lower costs, and improve supply chain relationships.