Door to door financing with new service from Standard Chartered Bank

By | October 15, 2009

A new trade finance service named “Doorstep Trade Service” has been launched by DHL Express India in tie up with Standard Chartered Bank and Williams Lea. DHL Express is a leading logistics and courier service provider, Williams Lea is a BPO specializing in Corporate Information Solutions.

The new service is aimed mainly at Industrial and commercial clients who need to get instant access to trade finance to boost their business. The idea is to have a mobile van which will visit the clients at their location and will collect the documents required for financing.

Instead of the current practice of sending the hard copies by courier, the time and effort is saved by scanning it and sending an e-copy by GPRS. Having a company like DHL as its partner will enhance the capabilities of Standard Chartered Bank to deliver the service efficiently to far off locations like Industrial areas and SEZ’s where this service will be more welcome.

All information including news articles and blogs published on this website are strictly for general information purpose only. BankBazaar does not provide any warranty about the authenticity and accuracy of such information. BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. Please visit for the latest rates/offers.
Category: Banks News Tags:

About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

Leave a Reply

Your email address will not be published. Required fields are marked *