2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Bank of Baroda
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Union Bank of India
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Punjab National Bank
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Canara Bank
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Detailed explanation-1: -Mumbai, May 11, 2022: Union Bank of India today, announced the launch of ‘Trade nxt’ (trade.unionbankofindia.co.in/UBIFCC/portal#/login), an online platform for providing comprehensive cross border trade finance services to Indian Exporters and Importers.
Detailed explanation-2: -4. 5. Customer wishing to avail the Trade Nxt services of Union Bank of India are required to submit following documents duly filled & signed by Authorized Signatories to their base branch.
Detailed explanation-3: -Union Bank of India (UBI) has launched a digital solution, ‘Trade nxt’, to enable corporates as well as MSMEs to transact all cross-border export-import transactions.
Detailed explanation-4: -Trade Finance Corporate Portal (Trade Nxt) is an online channel of Union Bank of India for trade. finance transaction through which the Bank offers Letters of Credit, Bank Guarantees, Bills, PC, Remittances and other products and services.