Multinational bank The Hong Kong and Shanghai Banking Corporation (HSBC) has launched a special app capable of providing instant information regarding foreign trade transactions of the importers and exporters in Bangladesh. It would be possible to know the current progress of the financial transactions in regard of latest condition and product export of Letter of Credit (LC) through this app. This mobile app has been named ‘HSBC-Net Trade Transaction Tracker’.
Mr. Ajay Sharma, Head of Global Trade and Receivable Finance, Asia-Pacific Region, HSBC, inaugurated the app in a program held at a local hotel in Gulshan, Dhaka. Clients of HSBC Bank, representatives from different policy making institutions and other superior officials of the bank were also preset in the inauguration ceremony.