Private sector lender ICICI Bank has announced the launch of an online platform, Trade Emerge, to offer digital banking and value-added services to exporters and importers across India. This is aimed to make cross border trade hassle-free and convenient, as it eliminates the need for companies to coordinate with multiple touchpoints.
The list of banking services offered includes current/saving account offerings, comprehensive trade services (Letter of Credit, Bank Guarantee, Trade Credit, etc.), digital solutions like Corporate Internet Banking and Trade Online, state-of-the-art foreign exchange solutions, payment & collection solutions, and credit cards.
The exporters and importers who are not customers of ICICI Bank can also avail the benefit of this platform.