Saturday , October 16 2021

Tomorrow – PortNet is working with 3 banks to develop the Trade Direct solution



More than 800 national and international participants attended the annual PortNet Single Window Conference this year.

Bank Attijariwafa, CIH Bank and Crédit du Maroc signed framework agreements with PortNet on 12 November in Casablanca to develop a dematerialized credit management platform
Documentation.

PortNet joins three Moroccan banks to develop Trade Direct. It is a dematerialized document loan management solution through the Single Window platform. The launch of the study to implement this new platform was announced at the 4th Annual Single Window PortNet Conference held on November 12-13 in Casablanca under the theme "One Stop Shop: Community Intelligence." Public and Private Service for Your integrated, efficient and innovative supply chain ".
Framework Partnership Agreements were ratified between PortNet and the three banks that support the Trade Direct initiative, Attijariwafa Bank, CIH Bank and Crédit du Maroc. "This partnership is part of the joint efforts of the signatories to improve business competitiveness and improve the country's business climate," said PortNet in a statement. The new solution will be a unified, multi-bank, multi-user and open platform for companies involved in import-export. This will allow both banks and PortNet users to better manage the entire lifecycle of letters of credit, letters of credit, standby credits, and letters of credit, and end-to-end digitization will benefit from document delivery as well as certain
Documentation.
As a reminder, the PortNet Single Window Annual Conference is jointly initiated by the National Ports Agency (ANP) and PORTNET SA under the auspices of the Ministry of Equipment, Transportation, Logistics and Water. The 2018 edition was to bring together more than 800 national and foreign participants from the public and private sectors from over 30 countries. Since its inception in 2011, the PortNet Single Window has more than 33,800 customers and offers its dematerialized services to a community of more than 39,000 users across the country. The PortNet platform aims to accelerate the integration of Morocco's cross-border supply chain. It was first deployed in the Port of Casablanca by the ANP in March 2011 and since 2012 has been extended to all ANP managed trading ports and other foreign trade processes.


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