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Product Updates
New Improved Velocity@ocbc
On 15th August 2004, experience an all new improved version of Velocity@ocbc to help you control your cash-flow management even more. With the refreshed Velocity@ocbc, you can spend less time banking and more time growing your business and equipping yourself for an increasingly competitive environment.
 
 Improved and Enhanced Interface - Experience a whole new user interface with better navigation when you logon to Velocity@ocbc.
 Chinese Language Option - With a click of button, users who are more at home with the Chinese language can perform online transactions in Chinese.
 Better Online Performance - The refreshed site will not only have a new look, users will also experience faster access allowing users greater efficiency.
Find out more about Velocity@ocbc promotions or Sign Up for Velocity@ocbc now.
 
Trade Finance
Desire a more efficient and cost effective way for initiating trade finance transactions? With Velocity@ocbc, you will find our trade finance services indispensable.
Via the Trade Finance module in Velocity@ocbc, you can perform the following trade functions:
 
 Import Letter of Credit Application and Amendment
 Banker’s Guarantee and Standby Letter of Credit application and amendment
 Online acceptance and settlement of Bills under LC/Collection
 Online settlement of Import Loans
 Online Inquiry of transaction status
 Viewing summary and details of each transaction
 Generating Online Reports for trade transactions
 Time-saving and accuracy-enhancing templates for standard instructions and repetitive transactions:
-“Look-up” tables for frequently used information such as bank and counter-party details, and commonly used phrases
-"In-built" check to ensure mandatory fields are entered
-Use of "Model" and "Similar to" (pre-designed template) for repetitive transactions
 
 
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