Bank Alfalah Transact offers a fully digitized import trade journey – from LC initiation to document handling -all within a secure & centralized platform.
Digital Trade
Trade Features on Bank Alfalah Transact
- LC / Contract Initiation – Submit trade requests online, reducing processing time and manual errors
- SWIFT Message Retrieval – View LC SWIFT/message
- Debit & Credit Advice – Real-time visibility of financial postings
- Viewing of Import / Export Bills – Track maturity and acceptance status digitally
- 360° Relationship View – Consolidated view of your trade portfolio across accounts
- LC/Contract Amendment – Submit and track amendments to LCs and Contracts directly through the portal
- Viewing of Import Documents Access scanned shipping and commercial documents related to Import trade transactions
- Initiation of Shipping Guarantee – Digitally initiate Shipping Guarantee requests for early cargo release
Why Choose Bank Alfalah Transact for Digital Trade?
- End to end digitalization
- Full visibility on amendment status
- Ease of accessing and keeping track of all amendments
- Immediate availability of critical documents
- Faster internal review and clearance actions
- Accelerated cargo clearance
- Reduced demurrage and warehousing costs
- Issuance of multiple Shipping Guarantees against single Trade documents
