Trade finance solutions provider Surecomp has announced that Siam Commercial Bank – Thailand’s third largest bank – is deploying the IMEX and allNETT solutions for digital trade finance processing into Myanmar and Vietnam. The Bangkok-based bank – which has been a Surecomp customer since 2011 – is now deploying both solutions in Myanmar and Vietnam to support the bank’s increased demand for trade finance in these markets. 

Using the SWIFT-certified IMEX solution to digitise and optimise the back-office trade finance transaction workflow – coupled and fully integrated with Surecomp’s front-office, multi-corporate-to-multi-bank platform allNETT – Siam Commercial Bank will also continue to leverage the solutions in Thailand and Cambodia for the streamlined processing of letters of credit and collections.