OJSC "VTB Bank", Moscow, Russia became one of the first customers of BTC, which with the direct participation of our company has implemented ambitious plans to install as a software that handles documentary operations - Trade Innovation module

10 Nov 2009
News company

OJSC "VTB Bank", Moscow, Russia became one of the first customers of BTC, which with the direct participation of our company has implemented ambitious plans to install as a software that handles documentary operations - Trade Innovation module

OJSC "VTB Bank", Moscow, Russia is one of the largest customers of  BTC  who took advantage of  Trade Innovation module for solving tactical issues of documentary business and achieving strategic performance,  optimizing handling processes for documentary letters of credit, banking guarantees and reserve liabilities, as well as collections by reducing transactional costs and risks and improving   productivity of specialized departments of the Bank. Unification of the main documentary and related business processes through professional customization by BTC, affected not only the Head office of the Bank, but also a developed branch network, allowing synchronize procedures for the implementation of intra- and inter-bank transactions, calculation and payment of fees, maintenance of aggregate contractual basis for transactions and etc.


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