WaveBL

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Wave BL for
Banking Institutions

Wave BL for
Banking
Institutions

Simplify the letter of credit process!

THE NEED

Financing is often a requirement for supply chain players.
Many of them are looking for alternatives to remove lengthy steps.
Financing is often a requirement for supply chain players. Many of them are looking for alternatives to remove lengthy steps.
Some analysts state that banks are only
producing 4% of the letters of credit needed.
Some analysts state that banks are only producing 4% of the letters of credit needed.
The careful, trusted gatekeeper of the letters of credit is
essential for commercial transactions.
The careful, trusted gatekeeper of the letters of credit is essential for commercial transactions.
With physical bills of lading at the core of this process,
traditional processes are cumbersome and slow.
With physical bills of lading at the core of this process, traditional processes are cumbersome and slow.

THE BENEFITS

Wave BL enables
existing practices and workflows in a fast,
cost-effective, and efficient way

Wave BL enables existing practices and workflows in a fast, cost-effective, and efficient way

Blockchain technology has proven itself in fintech as a secure, decentralized, reliable mode for sharing unique documents
safely & securely

Documents can’t
be lost, damaged,
or forged

Confirming
authenticity becomes a mere checklist item for your team

Migrate to WaveBL
and receive the documentation needed
to authorize a payment
in minutes.

Migrate to WaveBL and receive the documentation needed to authorize a
payment in
minutes.

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