What online tools does Wachovia offer importers and exporters?
Wachovia has always had a strong commitment and strategy for using and developing technology-based trade solutions and processing. Our innovation and commitment to technology has positioned us as one of the world’s leading providers of trade solutions. In fact, Wachovia was the first bank in the world to allow companies to initiate letters of credit on the Internet. Our technology for trade solutions is designed to have the following characteristics: • Flexible: Web-based; multifunctional; covers all terms of trade • Simple: Allows for diverse operating models; user friendly • Scalable: Adaptable to different business models; built on constant change and listening to our clients • Value: Adds efficiency; improves accuracy; simplifies process; controls costs, provides better information flow For more details on our Online capabilities, please visit our TradeXchange page.
