CITC & TransDocLink sign partnership agreement

CITC & TransDocLink sign partnership agreement

CITC has entered into a cooperation with TransDocLink, a Dutch company that provides a new alternative to Letters of Credit.  They have brought trade financing into the 21st Century.

A new and better way to finance trade

The market place of trade finance has not evolved as rapidly as other industries, especially ecommerce related industries. A trend is recognised that more producing companies directly sell & market their products and smaller companies are looking abroad for alternative sourcing options to buy products. TransDocLink focuses on enabling ecommerce by servicing both the logistics as well as the financial settlement related to trade transactions.

See www.c-itc.com for more details