TRADEXCHANGE

Wachovia has always had a strong commitment to and strategy for using and developing technology-based trade solutions and processing. Our innovation has positioned us as one of the world's leading providers of trade solutions.

TradeXchange is our growing selection of Internet-based solutions, Designed to be flexible, simple, scalable, and valuable, TradeXchange enables your company to gain efficiencies, reduce costs within the supply chain, save time, and improve the flow of information between trading partners.

TradeXchange provides value to the entire supply chain community by creating a secure, collaborative online environment that enables greater visibility and automation.  TradeXchange features include:

• A Trade Data Portal which provides for the automated interchange of data from Purchase Order to final settlement of the trade transaction, no matter the format of the data.
• A collaborative environment where all trading partners, no matter their role, may initiate review and react to new and existing trade transactions.
• A PO Management System, from inception to settlement.
• An Open Account Platform for the integration of PO's, the presentation of documents under the Open Account Transaction and settlement.
• Integrated online financing options for pre/post shipment finance.
• Automated, online electronic shipping document generation.

Included in the TradeXhange family of products are:

Import Services
Import Services allows importers to benefit from the latest advances in Internet technology with robust features that now include support for open account and documentary collections in addition to letters of credit.

Purchase Order Processing with Auto L/C via Import Services
When your company uses the Auto L/C feature of Import Services, you can easily import formatted PO files into a database, enter manual PO records as needed, group PO's into one or many new import letter of credit requests, as well as upload data to the domestic and overseas bank processing sites.

Export Services
Export Services allows exporters to access the status of foreign receivables and collections.  Exporters can also view export letters of credit as well as initiate documentary or letter of credit transactions. 

MIS & Images
MIS & Images is our customers' window into Wachovia's global processing infrastructure.  MIS & Images delivers all of the information needed about L/C activity, all on-time and in real-time.

Shipment Portal
Whether the terms of your trade require the issuance of letters of credit, the presentations of documents against payment, documents against acceptance, or open account, Shipment Portal Online offers tools to help you or your designated partner easily manage the document process that is so critical to your global business.

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