INFORMATION FLOW
Risk mitigation for double financing and fraudulent trade information
Corporates will be able to submit and verify purchase orders and invoices to request trade financing from the banks of their
choice. By providing those banks with access to trusted trade information, the Network will help to mitigate
the risk of double financing and fraudulent trade information across the industry.
This enables the relevant banks to better assess risks and provide trade financing earlier in the supply chain, including
for small and medium-sized enterprises who have traditionally experienced difficulty in accessing trade finance.
Banks will provide financing outside of the Network using their existing systems.
