In Asia, Africa and the Middle East

Truist Partners with Standard Chartered to Strengthen Trade Finance Capabilities in Emerging Markets


Author: Funds Society, Miami

  1. Truist’s corporate and commercial clients will benefit from Standard Chartered’s ability to fulfill their trade finance needs in emerging markets in Asia, Africa and the Middle East
  2. The firms will be expand its trade finance services, specifically in the area of Export and Import Letters of Credit
  3. The partnership enables Truist to process and issue end-to-end SBLCs through Standard Chartered's network, aiming to improve turnaround times and provide transparency on cost