What’s Bank Payment Obligation (BPO)?
Bank Payment Obligations (BPO) are a new payment method in international trade – a clever combination of easy handling and secure payment.
00:30 Businesses can protect themselves against payment risks in connection with open account commercial transactions
00:30 They can sell their book receivables to their bank to prove liquidity
00:47 Bank Payment Obligations (BPO) makes this possible
00:58 Letters of credit: expensive and time-consuming
02:22 UniCredit Supply Chain Finance Platform
03:01 Bank communication via BPO
More information about Bank Payment Obligation (BPO): http://www.gtb.unicredit.eu/global-transaction-banking/bank-payment-obligations-bpo
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