IMPORT LETTERS OF CREDIT: CYBERIMPORT

As the first bank in the world to enable companies to initiate letters of credit on the Internet, Wachovia continues the legacy with its CyberSuite family of services. The latest addition to the CyberSuite family is CyberImport.  With enhanced functionality and robust features, CyberImport allows your company to benefit from the latest advances in Internet technology.

• CyberImport is a complete web-based system for managing import and standby letters of credit.
• CyberImport fully automates the entire life cycle of letters of credit – from issuance/amendment to discrepancy resolution, drawdown, and final settlement.
• A java-based system, CyberImport utilizes the latest web technologies to provide maximum efficiency in initiating and managing letter of credit activity.
• Since CyberImport is fully integrated with Wachovia’s back-office processing, you can depend on straight through processing and overall enhanced efficiency.
• CyberImport supports the importation of Purchase Order details from your purchasing system, further facilitating the launch of new letters of credit and the tracking of shipments at the line item level of detail.
• When used in conjunction with our CyberView service, we give you a direct window into Wachovia’s internal trade processing operations. CyberView delivers all of the detailed information you need to track the status of your letter of credit activity – all online and in real-time.

CyberImport is easy to use. You can view our Transaction screen and the Confirmation screen below.

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