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Commercial Banking
International Trade Finance
Electronic Solutions
TRADEXPRESS elite Service
Open Account Service
 

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Open Account Service

Designed to meet the ever-increasing pace of international business, Scotiabank is pleased to introduce TRADEXPRESS elite™ Open Account Service. Our new automated service provides buyers (importers) and their suppliers (exporters) with an online solution for open account transactions – from creating a purchase order through to effecting a payment.

Simplify and Enhance Your Open Account Process

  • Fast, efficient automated transaction processing through our TRADEXPRESS elite service

  • Online data verification of selected fields between Purchase Order and Invoice, and discrepancy reporting

  • Purchase Order data that can be passed electronically between buyers and suppliers who are TRADEXPRESS elite customers

  • Consolidated reporting of Open Account and Purchase Order information along with all other trade finance transactions that can be found on TRADEXPRESS elite

  • Comprehensive online reports including historical data, outstanding amounts, charges, and more

  • User friendly instructions and comprehensive online information

Detailed Product Sheet [PDF 1,038KB]

For more information about our TRADEXPRESS elite service, speak to your Relationship Manager or contact us.



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