Synovus introduced its new Accelerate Trade portal on December 9, 2024, designed to help international business clients manage global trade finance products more efficiently. This platform aims to streamline and automate processes, providing clients with enhanced visibility into their international transactions.
The Accelerate Trade portal offers a suite of financial tools and services, including letters of credit, documentary collections, export and import financing, and bank guarantees. This initiative is expected to reduce risk, improve liquidity, and ensure smoother transactions for exporters and importers.
This new offering is paired with Synovus Accelerate FX, broadening the bank’s international banking services. Synovus is delivering Accelerate Trade through a collaboration with Finzly, a fintech provider specializing in modern banking applications.
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