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E-mail: Banks! Don’t Wait for Corporates to Ask about Bank Payment Obligation

SMALL- AND MEDIUM-SIZED BANKS generally prefer to market their traditional trade offerings – products like letters of credit – while larger banks often aim at fulfilling the supply chain finance demands of their corporate customers. As a result, there is a remarkable lack of focus in marketing one of the most exciting innovations in Trade Finance: the Bank Payment Obligation (BPO). Why is this?

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