ICICI Bank announces value-added digital service for importers, exporters

'Trade Emerge' will give clients access to a global trade database of nearly 15 million buyers and sellers across 181 countries.

ICICI Bank on Tuesday announced the launch of ‘Trade Emerge’, an online digital banking and value-added services for exporters and importers.

‘Trade Emerge’ will include current / saving accounts, comprehensive trade services such as letter of credit, bank guarantee, trade credit, corporate internet banking, foreign exchange solutions and other features.

It will have incorporation of trade business, access to a global trade database of nearly 15 million buyers and sellers across 181 countries, verification reports of potential customers through reputed credit bureaus, logistics solutions for shipment booking, and insurance services.

“The objective of this initiative is to increase efficiency and