SKY T/S Services are a brainchild of Korea Exchange Bank to provide efficient trade processes and low-cost service, without taking any charges for collateral or guarantee such as SUB L/C opening and mortgage when trade parties involves in 'Intermediary Trade'.
Feature
SKY T/S services enable you to make changes to conditions such as amount, unit price, and expiry date of the L/C, providing a substitute for existing local L/C.
One of main features is 'electronic data management' that efficiently deals with transfer and ex post facto business operations.
Background
Rises in raw material costs and labor costs have boosted manufacturing industry to move their factories and facility overseas or make a consignee deal with local manufactories.
SKY T/S services provide high quality and efficient services for parties involved in 'Intermediary Trade' as specified above.
SKY T/S services enable small-medium sized companies with low-credit records to save costs generated from 'Intermediary trade' processes.
Benefits
Simplified and Streamlined Business Processes
Cost-saving and Efficient Transactions
No Collateral or Guarantor Required
High Margin Guaranteed