Tuesday, September 9, 2014
Ode to LCs past and BPOs to come
Do you have BPO?
What's BPO?
I'll take that as a NO
BPO replaces SBLCs
BPO-Plus replaces DocLCs
BPO Reduces Costs
Improves Working Capital!
Why haven't I heard of BPO?
'Cause your TF Banker is afraid
Afraid to spill the beans.
Why?
'Cause it threatens his/her job
Oh, I shall find another bank
a BPO friendly bank
Where can I find a list?
A BPO ready bank list?
At SWIFT.com you'll find a list
A BPO ready bank list :o)
I can't find the list
The BPO ready bank list
It's hidden on SWIFT.com
Search for 'BPO Market Adoption SWIFT’
To find the BPO ready bank list
What's BPO?
I'll take that as a NO
BPO replaces SBLCs
BPO-Plus replaces DocLCs
BPO Reduces Costs
Improves Working Capital!
Why haven't I heard of BPO?
'Cause your TF Banker is afraid
Afraid to spill the beans.
Why?
'Cause it threatens his/her job
Oh, I shall find another bank
a BPO friendly bank
Where can I find a list?
A BPO ready bank list?
At SWIFT.com you'll find a list
A BPO ready bank list :o)
I can't find the list
The BPO ready bank list
It's hidden on SWIFT.com
Search for 'BPO Market Adoption SWIFT’
To find the BPO ready bank list
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