In-depth

Analysis, interviews, roundtables, reports and more on the topics that matter to you.

Perspective
30 May 2014

Market adoption of the BPO: what is really holding it back?

Global Head of Cash Management & International Business, Commerzbank at Commerzbank
One year on from the introduction of the ICC Uniform Rules on Bank Payment Obligation (URBPO), market adoption of the trade finance instrument has been fairly slow. According to the latest statistics from financial messaging provider, SWIFT, 25 corporates are reported to be using the BPO and 56 banks are in the process of adopting it.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access


You might also like


Perspective
04 April 2025

Traders take on assets as commodity volatility fades

Commodity traders reaped substantial profits off the back of market volatility in 2022 and 2023. With their war chests armed, they pursued a policy of diversification – across...

Perspective
14 April 2025

Atishoo: Non-bank trade finance trio catch a cold

The trade finance industry has suffered a trio of ailments since the end of 2024 with the shuttering of three different non-bank lenders. While the circumstances across the...