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Alcatel-Lucent uses CA CIB for paperless bank guarantees

09 February 2012

Alcatel-Lucent teams with Crédit Agricole CIB to become the first corporate to manage its bank guarantees using SWIFT’s MT 798.

Read more: Alcatel-Lucent Crédit Agricole CIB SWIFT’s MT 798 bank guarantees

Alcatel-Lucent has teamed up with Crédit Agricole CIB (CA CIB) to establish an electronic bank guarantees process for the delivery of complex projects.

The new process is based on the SWIFTNet Trade for Corporates standard and sees CA CIB become the first bank to offer its corporates the management...


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