Digital Letter of Credit
For Banks
Be part of a trusted global network
Contour's rapidly growing digital network allows local and regional banks to connect to a global corporate network and offers clients an enhanced user experience with digital trade finance products.
Speak with us to find out how your bank can leverage on our growing network.
Click here to book a consultation.
Key Benefits for Banks
Offer a Sustainable Solution
Offer a Sustainable Solution
Help clients meet their ESG objectives by offering a sustainable and paperless solution
Enhance Customer Experience
Enhance Customer Experience
Digitisation enables banks to offer more convenience and enhance user experience to both existing and new customers.
Improve Audit & compliance capability
Improve Audit & Compliance Capability
Improve operational and credit risk management with real-time visibility of each transaction. Strengthen audit & compliance processes while eliminating additional resources.
Increase client acquisition
Increase Client Acquisition
Attract new clients to conduct cross-border trade through simpler, lower-cost proposition and financing.
Cost Savings
Cost Savings
Contour helps banks achieve savings on operational costs (paper, courier and manpower) through digitisation of their trade processes.
Enhanced productivity
Enhanced Productivity
Digitisation also allows banks to improve their productivity and optimise their manpower allocation to better serve their customers' needs.
Speeding up Amendments
Speeding Up Amendments
Through Contour, banks can speed up the LC amendment process due to the omission of SWIFT, thereby helping their clients achieve time saving.
Multiple presentation format
Multiple Presentation Format
Banks can leverage on Contour's interoperable capabilities to offer a wide variety of presentation formats thus helping customers to save time.
Offer a Sustainable Solution
Offer a Sustainable Solution
Help clients meet their ESG objectives by offering a sustainable and paperless solution
Enhance Customer Experience
Enhance Customer Experience
Digitisation enables banks to offer more convenience and enhance user experience to both existing and new customers.
Improve Audit & compliance capability
Improve Audit & Compliance Capability
Improve operational and credit risk management with real-time visibility of each transaction. Strengthen audit & compliance processes while eliminating additional resources.
Increase client acquisition
Increase Client Acquisition
Attract new clients to conduct cross-border trade through simpler, lower-cost proposition and financing.
Adopt Sustainable Practices
Help clients meet their ESG objectives by offering a sustainable and paperless solution
Enhance Customer Experience
Digitisation enables banks to offer more convenience and enhance user experience to both existing and new customers.
Improve Audit & Compliance Capability
Improve operational and credit risk management with real-time visibility of each transaction. Strengthen audit & compliance processes while eliminating additional resources.
Increase Client Acquisition
Attract new clients to conduct cross-border trade through simpler, lower-cost proposition and financing.
Introducing the Trade Network Connector
A strategic collaboration between Finastra and Contour
Connect your bank workflows to Contour’s global decentralised network of banks and corporates.
Experience a streamlined end-to-end back-office workflow for LC processes that seamlessly synchronises to your external client communications in a private and secure environment.
Testimonials
HSBC
CTBC
BNP Paribas
SEB
Case Study
Using Contour, HSBC India facilitated a digital LC for ArcelorMittal Nippon Steel India (AM/NS India), speeding up the LC settlement process by 90% and enabling 50%-60% of working capital savings.
Watch the video to learn more.
Request For Contour’s Demo Video
Keen to see how it works? Our pre-recorded demo video shows how our latest version will change the way you trade.