Standard Chartered has introduced Autoquote, a new digital request for quote (RFQ) module available on its Straight2Bank Next Gen, the bank’s digital banking platform.
The new digital capability offers its clients globally the ability to request pricing quotations for their letters of credit (LCs) confirmation and discounting/negotiation and receive a digital response on demand, from anywhere and at any time.
By digitising the end-to-end LC confirmation and discounting/negotiation price discovery process, the self-service capability empowers clients to easily access pricing for their LCs, by submitting a digital form at their convenience and receiving a quote digitally. In addition to improved efficiency, clients also benefit from the added transparency of staying informed of the status of their quotations through platform alerts and notifications,…
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