essDOCS has moved to expand its paperless trading offering with the acquisition of eCertify, a provider of electronic Certificates of Origin.
Paperless trade provider essDOCS reports that the first ever CargoDocs Bank Payment Obligation Plus (BPO+) transaction has taken place, facilitating an iron ore shipment from Australia to China.
essDOCS, which provides electronic documents for cargo movements, today announced two new services: allowing the electronic presentation of trade documents over the SWIFT network, and extending electronic bills of lading (eB/L) to support Bank Payment Obligations (BPO).
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