Lloyds and WaveBL Complete Near–Real-Time Digital Letter of Credit, Signaling a Turning Point for Trade Finance
The days of shipping reams of paper across continents for a single trade transaction may finally be numbered. Lloyds Bank and WaveBL have completed a fully digital Letter of Credit (LC) transaction, marking one of the clearest signals yet that trade finance is shifting from paperwork to real-time digital flows.
