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BOLERO.NET SIGNS KOREA EXCHANGE BANK

BOLERO.NET SIGNS KOREA EXCHANGE BANK

   Korea Exchange Bank has joined the bolero.net electronic document communication system.

   Bolero.net said that Korea’s two largest banks — Korea Exchange Bank and Hanvit Bank — have now signed up to its system.

   Korea Exchange Bank has 461 branches in Korea, 49 overseas offices in 22 countries, and 41,000 corporate customers.

   Bolero.net aims to facilitate e-commerce by transferring trade and finance documents, such as letters of credit, bills of lading and invoices, through a secure Internet platform.