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.

Testimonials

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 change the way you trade.