Friday , January 22 2021

Sabah – PortNet joins forces with 3 banks to develop Trade Direct solution

The annual PortNet Single Window Conference hosted more than 800 national and international exhibitors this year.

Attijariwafa Bank, CIH Bank and Crédit du Maroc signed framework agreements for the development of a registered credit management platform with PortNet in Casablanca on November 12th.

PortNet joined forces with three Moroccan banks to develop Trade Direct. It is a noteworthy management solution for documentary loans through a single-window platform. The launch of this new platform was announced with the theme of ası One-Stop-Shop: Community Intelligence & at the 4th Annual Conference of Single Window PortNet in Casablanca on November 12th and November 13th. Public and private services to your integrated, efficient and innovative supply chain.
Partnership Framework Agreements The three banks, which are Trade Director initiatives with PortNet, have been approved by the Attijariwafa bank, the CIH Bank and the Crédit du Maroc. "This partnership is part of the joint efforts of signatories to increase commercial competitiveness and improve the country's business environment." Said. The new solution will be a unified, multi-bank, multi-user and open platform for import-export companies. End-to-end dematerialization will provide better management of both banks and PortNet users by taking advantage of all documentary credits, credit letters, letter of credit letters, letter of credit. Documentary delivery as well as unspecified
As a reminder, the annual conference of the PortNet Single Window was jointly initiated by the National Port Agency (ANP) and PORTNET SA under the auspices of the Ministry of Equipment, Transport, Logistics and Water. The 2018 edition was expected to bring together more than 800 national and foreign participants from the public and private sectors representing more than 30 countries. Since it was created in 2011, PortNet has more than 33,000 customers across the country and offers dematerialized services to a community of more than 39,000 users worldwide. The PortNet platform aims to accelerate the integration of Morocco's cross-border trade supply chain. It was first deployed by the ANP at the Port of Casablanca in March 2011 and expanded to all commercial ports managed by ANP and other foreign trade processes since 2012.

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