What’s Bank Payment Obligation (BPO)?

March 31, 2022 by No Comments

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
03:42 Security

More information about Bank Payment Obligation (BPO): http://www.gtb.unicredit.eu/global-transaction-banking/bank-payment-obligations-bpo

#bankingthatmatters

HypoVereinsbank is part of UniCredit, a simple successful pan-European Commercial Bank, with a fully plugged in Corporate & Investment Banking

Subscribe: https://www.youtube.com/user/hypovereinsbank?sub_confirmation=1
Follow on LinkedIn: https://www.linkedin.com/company/hypovereinsbank-unicredit-bank-ag/
Follow on Twitter: https://twitter.com/HypoVereinsbank

Source

Leave a Comment

Your email address will not be published.