The Internet products of Mercury Corporate Portal®, have been developed to have an important differentiating tool that allows the banks to provide a service of high added value to all its clients. The easy use of this solution becomes the most valuable tool to manage transactions and information of all Trade Finance operations that the clients manage with your bank. With these solutions, the bank can offer greater service quality to user clients, 24 hours a day, seven days a week, 365 days a year, from anywhere in the world.

Through the “Global Business Group” functionality the corporate clients have at their disposal the possibility to include the operations of their subsidiary companies, and are able to define the management level and control risks, maintaining the independence of each one, and at the same time having a global vision of the group.

This solution is so flexible that the bank can choose for itself as a solution for its offices’ network, incorporating it to its business terminal with a simple parametrization and configuration of the appearance “Look & Feel”.

For the operations of Letters of Credit, import as well as export, this robust module provides the operation automation of all existing Letter of Credit types such as operations at sight, term, Stand–by, Back to Back, transferables, assignment of proceeds, revolving, reimbursements, confirmed, unconfirmed, red clause, green clause, by acceptance, by payment, by negotiation, etc.

The products included in Mercury Corporate Portal®, are:

Import documentary credits (Import Letters of Credit)

This solution is designed for the importing clients of the bank. It allows them to manage all their Import Letters of Credit operations from the transaction issue and also to perform, if necessary, amendments, as well as to receive information from the bank of the negotiations received, of the possible discrepancies or that the documents are correct.

It also allows for the sharing of SWIFT messages that the bank wants to show to the client, as well as its charge and payment notices and informative letters.

 


 

Mercury Workflow® Allows the bank clients to define their own internal workflows for the control and management of all their import operations. In addition, it has a task manager that will optimize your operation, having all the adjusted information to the needs of your company and the type of user that utilizes the system.

With this module, total control is had on each of the dates and important events, which warns in the desired time and gives access to the operation to perform.

Mercury Document Manager® is the definitive tool for the management of any document that it is wish to include in the operation, from the opening to the negotiation and payment, associating each one of them to the corresponding event and having at the same time global visibility in any documentary credit inquiry.

Mercury Business Intelligence® is the engine for generating “reports and inquiries” for the management of the documentary credits. It allows total independence and development of the bank’s information for its clients.

Mercury Messenger® permits a safe and continuous dialogue between the bank and the client that is associated to any credit event, thus speeding up the entire resolution of the operations.

Mercury Filer® This sub module administers fundamental aspects of the client-bank relationship and the transactions participants develop, such as suppliers, transporters, insurances and, in general, all those involved in the Supply Chain Finance. This includes dealing contracts, purchase orders, quote requests, negotiation of price, etc., and, in general, all the electronic documentation pertaining to the international operations of the client of the bank.

The possibility of access to all this information on the part of the bank offers extremely important business and financing opportunities not only for the importer, but also the international on having had the clear need of financing, discounts, forfaiting, etc., of the exporters, need of opening insurance, of payment of freights, packing or foreign exchange insurances among others.

This unique module on the market offers to the banks a new and very powerful tool to help in the administration of their customer Trade Finance operations, which increases the operations of the client with the bank. It also helps to penetrate better and more rapidly on the market, attracting a major clientele but it especially inspires loyalty in all the clients who use it, since they obtain a solution that goes beyond the mere request of operations. It offers them, therefore, an internal solution that improves and positively revolutionizes their importing business.

Additionally, this tool is totally integrated with the import LC module of the back-office, providing all the information that the credit needs, avoiding mistakes and recapturing it in the same system and, therefore, not being necessary to reintroduce the information. And all this potentially integrated with the ERP of the client if wished.

Export documentary credits (Export Letters of Credit)

This solution, designed for exporting clients of the bank, allows them to administer all their Export Letters of Credit operations, from the same notification or confirmation from the bank, up to the presentation of documents, the respective negotiation and payment when it applicable.

Likewise, it allows them to accept or reject all the notifications, confirmations and amendments that the bank receives and notify to them automatically related to their Export LC´s. All of this is available 24 hours a day, seven days a week, 365 days a year and from any part of the world via Internet.

The clients receive SWIFT messages and these are incorporated into the operation, remaining searchable at all times, as well as the notices or advices of confirmation, notification, amendment, discrepancies, etc.

The exporting clients can generate the “remittance or cover letter” with the documents and payment instructions that they will present to the bank. Moreover, the module allows that images of the documents could be sent to the bank before presenting them physically and officially, in such a way that the bank team could check them before to inform the discrepancies found and avoid loss of time in the payments to the beneficiaries. This additional service (which may be charged to the clients) allows you to streamline operations and expediting payments or acceptances to the exporters, which ensures that they prefer working with a bank that offers this service of high value added for the operative process.

 


 

Mercury Workflow® helps customers define their own workflows for the control and management of their export operations. It has a task manager to optimize the activities of the credit, taking information adjusted to the need of the type of user.

With this module the beneficiaries have total control of each of the dates and important events of the export documentary credit. The system will give advanced warning and will lead to the operation to realizing in an automatic and easy way; for example, the maturities of the operations, the shipment dates (especially the last ones), the dates of acceptance and rejection of discrepancies, etc.

Through the functionality of “transferable credits” the exporting client can request and control all the transferable LC transactions, and all within the same original operation, supporting therefore the control of the corresponding payments.

Mercury Document Manager® By means of this sophisticated system of images created exclusively for Trade Finance, the exporting client can share their documents with the bank before the official presentation of the original ones. This service of high added value allows the bank to offer an excellent and exclusive service that increases the loyalty of its clients and to charge additional for it.

It is allowed that any document that is wanted to include in the operation, from the opening up to the negotiation and the payment, should be associated with each of the corresponding events, having simultaneously global visibility in any inquiry of the documentary credit.

Mercury Business Intelligence® is the definitive engine for generating “reports and inquiries” for the control and management of the export documentary credits. It allows the clients to have total independence of exploitation of the information that the bank puts at their disposal.

Mercury Messenger® permits a secure and continuous dialogue between the bank and the client that is associated to any export LC event, thus speeding up the entire resolution of the operations, as for example, the acceptance of amendments received, the request of the status that holds the review of documents, etc.

Mercury Filer® This sub-module allows you to manage and control key aspects of the relationship between the client of the bank and participants in all international operations, such as buyers, carriers, insurers and, in general, all those involved in the Supply Chain Finance. This includes buying and selling contracts, purchase orders, proposals, quotes, negotiations of price, etc. and, in general, all the electronic documentation pertaining to the international operations of the exporting customer of the bank.

The possibility of access to all this information on the bank side, offers extremely important business and financing opportunities not only for the exporters; additionally it helps to the international parties by offering clear information about the need of financing, discounts, forfaiting, etc., of the importers, or of other participants, like the need of opening insurance policy, payment to freight forward, packing services, foreign exchange insurances among others.

This unique module on the market offers to banks a new and very powerful tool to help in the administration of the operations of the clients of Trade Finance, which increases client operations with the bank. It also helps penetrate better and more rapidly on the market, attracting a higher clientele but especially loyalty to the clients who use it by having obtained a solution that goes beyond receiving mere notifications or confirmations of operations. It offers them, therefore, an internal solution that improves and positively revolutionizes the clients’ exporting business.

Additionally, this tool is totally integrated with the export LC module of the back-office, providing all the information that the credit needs, avoiding mistakes and recaptures on having treated itself about the same system and, therefore, not being necessary to reintroduce the information. And all this potentially integrated with the ERP of the client if they so wished.

Bonds & Guarantees (issued, received and counter guarantees)

The module of bonds and guarantees is a system of integral treatment and management for all the types of international guarantees and bonds that exist like: Bid Bond or Tender Bond, Bid Performance Bond, Advance Payment Bond, Retention Bond, Payment Guarantee, etc.

The module of bonds and guarantees allows the clients of the banks the integral managing of their operation, to request them and / or receive them, to consult the whole Swift messages, to support the control of the potential risk of operations, as well as to have the possibility of requesting and associating a financing in case of payment request of the bond.

It possesses an automatic process of “auto extension” of the validity (defined from the creation of the guarantee) by means of alerts and follow-ups, as well as an exhaustive control of the necessary conditions to extend the future validity or to cancel it.

It allows the clients to receive electronic documentation, as well as the notices of debits or credits that are made to their accounts.

 


 

Mercury Workflow® allows clients to define their own internal workflows for the control of their bonds and guarantees with all their customers. You have a task manager by means of whom the processes are optimized and, at the same time, make it possible to have all the exact information to the need for the type of user.

With this module, total control is had on each of the dates and important events of the bond or guarantee, which warns in the desired time and gives access to the operation to perform.

Mercury Document Manager® By means of this sophisticated system of images created exclusively for Trade Finance, the client can share the whole documentation generated by the international bond or guarantee.

Mercury Business Intelligence® is the definitive generator of “reports and inquires” for management of all the types of bonds and guarantees. It allows the clients to have total independence in the information that the bank puts at their disposal on these operations.

Mercury Messenger® permits a safe and continuous dialogue between the bank and the client that is associated to any guarantee or bond event, thus speeding up the entire resolution of the operations.

Mercury Filer® is totally integrated with the module of bonds and guarantees of the back-office, providing all the information that the operation needs, avoiding errors and, therefore, preventing the necessity of reentering the information. And all this integrated easily with the ERP of the client if so wished.

Stand – by letters of credit (import and export)

Like bonds and guarantees, Stand-by module allows users the comprehensive treatment and management of the Stand-by operations, to request them or to receive them, review all the Swift messaging (MT760, 767, 799, etc.), maintaining control of the potential risk of operations as well as be able to request and associate financing for Stand-by payment request.

The system possesses an automatic process of “auto extension” of the validity (defined from the creation of the Stand – by) by means of alerts and follow-ups, as well as an exhaustive control of the necessary conditions to extend the future validity or to cancel it.

It allows the clients to receive electronic documentation, as well as the notices of debits or credits that appear in their accounts.

 


 

Mercury Workflow® allows clients to define their own internal workflows for the control of their bonds and guarantees with all their customers. You have a task manager by means of whom the processes are optimized and, at the same time, make it possible to have all the exact information to the need for the type of user.

With this module, total control is had on each of the dates and important events of the bond or guarantee, which warns in the desired time and gives access to the operation to perform.

Mercury Document Manager® By means of this sophisticated system of images created exclusively for the Trade Finance, the client can share the whole documentation generated by the Stand – by.

Mercury Business Intelligence® It is the definitive generator of “reports and inquiries” for management of Stand-by. It allows the clients to have total independence in the information that the bank puts at their disposal on these operations.

Mercury Messenger® permits a safe and continuous dialogue between the bank and the client that is associated to any Stand-by event, thus speeding up the entire resolution of the operations.

Mercury Filer® This module is totally integrated with the Stand-by back-office system, providing all the information that the Stand – by needs, avoiding errors and, therefore, preventing the necessity of reentering the information. And all this integrated easily with the ERP of the client if so wished.

Collections. Documentary & Clean (inward and outgoing)

This module handles all the types of international collections: incomings, outgoings, clean and direct.

Our module includes everything you need to handle and complete management of the drafts or documents sent for collection, whether they are commercial or financial.

Across this module the clients of the bank have all the functionalities necessary for the management of international collection: creation, acceptance, payment, protest, amendments, tracers, agendas, inquiries, reports, images, SWIFT messages and, in general, all the functionalities necessary for a perfect and automatic control of the operations.

It allows you to request the financing or the discount of the operations, either fully, or partially, keeping the operational relationship, therefore facilitating the payment and / or collection of them.

It automatically generates and receives all the messages of the family 400 of SWIFT (mt4xx).

It covers the treatment of multiple draft collections, which can bring together in a single operation as many drafts as you want, and carry out the liquidation by the total or individually by document. In the same way, provides the operative of direct collection, therefore, the generation of the operation without associated documents and their collection management.

It allows customers the submission of documents through various channels of communication through both file and any other means of transmission (TSU, FileAct, etc.), incorporating these automatically to the process of managing massive operations, where you can set special conditions of installments (massive European collections), according to the agreements made with the various European banks.

 


 

Mercury Workflow® allows clients to define their own internal workflows for the control of international collections with all their customers. You have a task manager by means of whom the processes are optimized and, at the same time, make it possible to have all the exact information to the need for the type of user.

With this module, total control is had on each of the dates and important events of the international collection, which warns in the desired time and gives access to the operation to perform.

Mercury Document Manager® By means of this sophisticated system of images created exclusively for the Trade Finance, the importing / exporting clients can send and / or receive the documents of the collection, together with the cover letter, and to have a direct interaction with the bank. It allows them to associate, likewise, every event of the collection with the documents that they wish, supporting the global vision from the inquiry of the operation or of the event, of the entire documentary archive.

This service of high added value allows the bank to offer an excellent and exclusive solution that increases the loyalty of their clients, and to charge additional for it.

Mercury Business Intelligence® is the definitive generator of “reports and inquiries” for management of the collections. It allows the clients to have total independence in the information that the bank puts at their disposal on these operations.

Mercury Messenger® permits a safe and continuous dialogue between the bank and the client that is associated to any collection event, thus speeding up the entire resolution of the operations.

Mercury Filer® is totally integrated with the module of collections of the back-office, providing all the necessary information, avoiding the error, therefore, preventing the necessity of reentering the information. And all this integrated easily with the ERP of the client if so wished.

Financings and loans

Our module of financings and loans is a powerful and effective tool for the administration and management of Trade Finance financing of the importing and exporting clients.

Incorporates the treatment of all kinds of amortization and correspondent recalculation of interests, if applicable:

  • To the full and partial maturity.
  • Advanced (discounted).
  • With interests due.
  • Periodic installment payments.
  • Grace periods.

All this, with total control of maturities, through our events manager, being able to perform simulations and of course, establishing the relationship with Trade Finance operations that customers have, such as letters of credit, collections, etc., totally connected with them and keeping control of the payments and settlements jointly.

Allows you to perform the request referenced to any interest rate (Libor, Euribor, etc.) or apply a fixed interest rate agreed upon.

 


 

Mercury Workflow® allows clients to define their own internal workflows for the control of financings & loans of Trade Finance operations. You have a task manager by means of whom the processes are optimized and, at the same time, make it possible to have all the exact information to the need for the type of user.

With this module, total control is had on each of the dates and important events of the loans & financing, which warns in the desired time and gives access to the operation to perform.

Mercury Document Manager® By means of this sophisticated system of images created exclusively for the Trade Finance, the importing / exporting client can associate documents of the financing and loans and share them with the original operation.

 Mercury Business Intelligence® is the definitive generator of “reports and inquiries” for management of the financings & loans. It allows the clients to have total independence in the information that the bank puts at their disposal on these operations.

Mercury Messenger® permits a safe and continuous dialogue between the bank and the client that is associated to any financing event, thus speeding up the entire resolution of the operations.

Mercury Filer® is totally integrated with the back-office module of financings & loans, providing all the necessary information, avoiding the error as is the same system, therefore, preventing the necessity of reentering the information. And all this integrated easily with the ERP of the client if so wished.

Funds Transfer (issued and received)

Our powerful module fund transfers allows the clients to send and/or receive international funds directly in their accounts with the bank. The system controls all the information and the format of each one of them to assure a total reliability in the generation of the associated Swift messaging.

The client can request the issuance of transfers on a regular basis. The system across their event manager allows to control the payments to perform with the anticipation that is wished.

It incorporates the possibility of sending massive payments, with one or several payments in different currencies if desired.

This module is totally integrated with the open account system of the back-office of their importing / exporting clients.

 


 

Mercury Workflow® allows clients to define their own internal workflows for the control of their supplier payments. You have a task manager by means of whom the processes are optimized and, at the same time, make it possible to have all the exact information to the need for the type of user.

With this module, total control is had on each of the dates and important events of each one of the periodic payments that warns in the desired time and gives access to the operation to perform.

Mercury Document Manager® By means of this sophisticated system of images created exclusively for the Trade Finance, the importing / exporting client can associate any type of electronic document with the funds transfer transaction, including the invoices generated by open account operations.

 Mercury Business Intelligence® is the definitive generator of “reports and inquiries” for management of the funds and wire transfers. It allows the clients to have total independence in the information that the bank puts at their disposal on these operations.

Mercury Messenger® permits a safe and continuous dialogue between the bank and the client that is associated to any funds transfer event, thus speeding up the entire resolution of the operations.

Mercury Filer® is totally integrated with the module of funds transfer, providing all the necessary information, avoiding the error as it is the same system and, therefore, preventing the necessity of reentering the information. And all this integrated easily with the ERP of the client if so wished.