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Veefin Trade Finance at a glance

Composable Architecture

Build your own Trade Finance solution by combining our components with the flexibility to integrate modules from any provider.

Database & Cloud Flexibility

Our platform works with your choice of database and deployment environment, eliminating technology constraints.

Multi-Entity & Multi-Lingual

Manage operations across multiple countries and entities from a single instance while supporting local languages, regulations, and business requirements.

Persona-Driven Experiences

Deliver tailored interfaces for different user roles—from CFOs to daily operators—with configurable dashboards, widgets, and journeys.

Future-Ready Platform

Stay ahead with a modern microservices architecture that supports cloud deployment, database flexibility, and AI-powered automation.

Complete Trade Module Coverage

Handle the full spectrum of Trade Finance instruments seamlessly in import and export scenarios.

complete-trade-module-coverage

Import & Export Letters of Credit

Import & Export Collections and Bills under LC

Guarantees, SBLCs, and Shipping Guarantees

Comprehensive Reimbursement Management

Personalized Dashboards & User Experience

Our next-generation portal delivers personalized experiences for different personas from CFOs to daily operators allowing them to customize their own dashboards with our extensive widget repository.

personalized-dashboards

Platform Capabilities

Fee Management

Configure transaction fees with support for percentage, flat, tier, or slab-based structures plus waivers and discounts.

Role-Based Access Control

Our multi-dimensional access control ensures the right people have the right permissions based on roles, hierarchies, and business rules.

Notifications and Alerts

Our multi-dimensional access control ensures the right people have the right permissions based on roles, hierarchies, and business rules.

Search Engine

Quickly locate payments, collections, or transactions with an intuitive search engine, reducing navigation time and improving operational efficiency.

Integration with enterprise systems

Open API architecture to build custom integrators

integration

Use Cases

Comprehensive Module Coverage

Our platform offers end-to-end support for all Trade Finance instruments and processes, eliminating the need for multiple disconnected systems.

comprehensive-module-coverage

Import LC

  • Issuance
  • Cancellation
  • Reinstatement
  • Closure
  • Payment
  • Risk Participation
  • Reimbursement
  • Back to Back

Export LC

  • Advising
  • Confirmation
  • Cancellation
  • Reinstatement
  • Assignment
  • Transfer
  • Back to Back

Import Bills/Collections

  • Lodgement
  • Amendment
  • Accept/Co-Accept
  • Realization/Payment
  • Closure
  • Availisation
  • Advance Payment
  • Crystallise/Delink

Export Bills/Collections

  • Lodgement
  • Amendment
  • Accept/Co-Accept
  • Realization
  • Closure
  • Bill Purchase/Discounting

Inward Guarantee/SBLC

  • Advising
  • Amendment
  • Bene Consent to Amend
  • Cancel
  • Bene Consent to Cancel
  • Claims Management
  • Internal Adjustment
  • Renew
  • Process Acknowledgement

Outward Guarantee/SBLC

  • Issuance
  • Amendment
  • Bene Consent to Amend
  • Cancel
  • Bene Consent to Cancel
  • Claims Management
  • Internal Adjustment
  • Renew
  • Process Acknowledgement

Shipping Guarantee

  • Issuance
  • Amendment
  • Claims Management
  • Internal Adjustment
  • Close
  • Process Acknowledgement
  • Deliver

Financing

  • Export/Import Finance
  • Buyers Credit
  • Suppliers Credit
  • Export Post Ship Finance
  • Export Pre Ship Finance

Reimbursements

  • Create RA
  • Amend RA
  • Update RA
  • Cancel RA
  • Create RC
  • Amend RC
  • Update RC
  • Payment RC
  • Create RU
  • Amend RU
  • Update RU
  • Cancel RU
  • Close RU

faqs

Your most frequently asked questions answered

faq

Unlike legacy systems built on outdated architectures that require extensive customization, Veefin's platform is designed from the ground up with modern microservices architecture, API-first approach, and composable components. This provides significantly greater flexibility, faster implementation, and reduced total cost of ownership. Our multi-entity and multi-lingual capabilities are built-in rather than bolted on, eliminating the performance and maintenance issues common with patched legacy systems.

Our platform features persona-driven, journey-based interfaces that adapt to different user roles instead of the traditional field-based forms found in legacy systems. Users can customize their experience with widget-based dashboards, while our repository of widgets allows for mix-and-match configurations based on individual preferences. This approach dramatically improves user adoption and productivity while reducing training requirements.

Veefin's Trade Finance platform serves as a catalyst for digital transformation by providing a modern, flexible foundation that can evolve with changing business needs. Our API-first architecture enables seamless integration with fintech innovations, marketplace participation, and open banking initiatives. The composable nature of our platform allows banks to modernize incrementally, replacing specific components while maintaining business continuity.

Implementation timelines vary based on scope, but our modular approach allows for phased deployments that deliver value quickly. Typical implementations range from 6-18 months depending on the number of modules and complexity of integrations. Our multi-entity capability allows global banks to deploy a single instance across multiple countries, significantly reducing the time and cost compared to traditional country-by-country implementations.

Our multi-entity architecture allows banks to consolidate multiple country operations on a single platform, reducing infrastructure, maintenance, and support costs. The persona-driven self-service capabilities reduce dependency on relationship managers and customer support staff. Additionally, our low-code customization toolkit minimizes reliance on expensive third-party vendors for customizations and enhancements.

Veefin's Trade Finance platform employs bank-grade security including end-to-end encryption, multi-dimensional access controls, comprehensive audit logging, and secure document management. Our role-based access ensures users can only view and modify information relevant to their job functions, while our centralized multi-entity architecture allows for unified security governance across global operations.