pibas value: Trade Finance System

PIBAS' Trade Finance System is a comprehensive & real-time online application that automates trade related banking operations in a seamless manner

contact us!

pibas value: Trade Finance System

This system makes the complicated workings & documentation of Trade operations more efficient & effective.
It enables the bank to conduct many varieties of import & export business deals according to the Central bank’s
policies, by utilizing the generic platform of the system

    • Faster deal turnaround due to:
      • Parameterization
      • Template feature, etc...
    • Vastly improved service level
    • Ability to work from remote sites / branches
    • Powerful Enquiries & Reports
    • Real-time Data Extraction capability across the system
    • Reduced Workload on skilled manpower resources
    • Open database connectivity / OLE DB
    • True Client / Server Technology – The framework for complete integration
    • Front-end: Microsoft
    • Independent of RDBMS engines, such as Oracle, MS SQL Server, etc...
    • System Security & Password Control
    • Modular design
    • Parameter Driven up to Instrument Level
    • User-friendly
    • Multi-currency
    • Multi-branch
    • Online Voucher / Receipt Printing & Reprinting
    • Online SWIFT / Telex Message generation
    • Letter of Credit Amendment History
    • Comprehensive Logging Mechanism
    • Audit & Control and Management Information Reports
    • Can be interfaced with other applications
    • Provides Combined Limits Allocation for all instructions or Split Limit
      Allocation for individuals instruments
    • Online real-time updates in customer accounts
    • Instruments’ Monitoring
    • Inflow & Outflow Document Tracking
    • Auto-Computation of Charges with Override capability
    • Online Instruments Generation & Printing
    • Maintains Commodities, Special Instructions, Clauses & Documents associated with instruments
    • Automated Interest Calculation / Posting


The Trade Finance System handles the following features:

  • Import:
    • Letter of Credit
    • Payment Against Documents [PAD]
    • Acceptances
    • Shipping Guarantees
    • Contract
    • Airway Bills [AWB]
    • Inward Foreign Bills [IFB]
    • Management of Complete LC Register


  • Export:
    • Export Letter of Credit
    • Foreign Documentary Bill for Collection [FDBC]
    • Export Refinance (where applicable)
    • Foreign Bill Purchased [FBP]
    • Advance Payments