Alfa-Bank is first among Russian banks to join the Contour trade finance network

Alfa-Bank has joined the Contour international network of trade finance, which interconnects trade companies and banks and ensures fast, reliable and transparent process of drafting, issuing and advising L/C. As a rule, the issuance of a letter of credit is a labour-intensive process involving a vast amount of paperwork and lasting for up to one week. Contour’s network reduces the processing time of L/C issuance by up to 90% – from 10 days to 24 hours.

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