GSBN is dedicated to reduce the ever growing trade finance gap by enabling data sharing between Carriers and Banks. We've been collaborating with both Carriers and Banks to design solutions that enable data exchanges.
The Data Sharing Management Application provides a means for Corporates to give consent to Carriers for sharing their shipping data to Banks, and by doing so, Corporates no longer have to submit the Bill of Lading during trade finance drawdown process.
The process is easy:
1. Bank to create request
2. Customer to provide consent
3. Carrier to share data
And, you only have to provide the consent once and for all!