As a company conducting business globally, we understand that managing your trade process easily, quickly, and cost-effectively is essential for your success. That’s why we offer an online solution for managing your trade transactions — Comerica GlobalTRADE Web.

Comerica GlobalTRADE Web, our innovative, Web-based system allows you to manage virtually every aspect of your global trade transactions, in real-time, 24/7. It acts as your control center for managing:

  • Commercial Letters of Credit
  • Standby Letters of Credit
  • Documentary Collections

Quick and Easy Product Delivery

  • Import Letters of Credit. Create Import Letter of Credit applications and amendments; receive discrepancy notices and provide instructions electronically to the bank.
  • Export Letters of Credit. View advised Export Letters of Credit; manage transfers and assignment of proceeds; monitor payment activity.
  • Standby Letters of Credit. Create Standby Letter of Credit applications and amendments.
  • Documentary Collections. View information on Import Documentary Collections; create outgoing Export Documentary Collection and Direct Send Collection letters and letter amendments.

Key Features

  • Customizable Home Page Dashboard. Home Page Dashboard is first page displayed, providing key information “at a glance” – Mail Messages, Notifications and All Transactions – and can be customized to meet individual user needs.
  • Navigation Designed for Efficiency. System navigation is organized by functionality (e.g., create a new application, work with existing transactions, access reports) – allowing for easy navigation to perform required tasks and minimizes the clicks through the system.
  • Reference Data for Increased Efficiency and Accuracy. Preset templates and predefined data (phrases and parties) allow for creating Letter of Credit applications and Documentary Collection letters quickly.
  • Automated Mail Messages and Notifications. Receive automated Mail Messages and Notifications for key activities such as presentations and payments, allowing for prompt awareness. Mail Messages are received for activities that require response (e.g., discrepancies) and Notifications are received for activities that are for information purposes only (e.g., payment advice).
  • Online Documents. View and print bank documents generated for transactions (e.g., cover letters, SWIFT messages, payment advices), as well as attach and send PDF documents to the bank.
  • Flexible Reporting Capabilities. Gain faster access to required reports. Access standard (predefined) reports and create custom (ad-hoc) reports1. Reports can be viewed, printed or saved in several available formats – CSV, PDF and Excel.
  • Comprehensive Help Tools. Help tools available include, Online Help, Quick Reference Guide, User Guide and Online Training Tutorials providing step-by-step instructions for completing key tasks.
  • Controlled System Access. Access to the system is defined at the user level, providing control over who is entitled to create, verify, modify and authorize transactions.
  • Parent Company/Subsidiary Integration. Parent company can be integrated with network of subsidiaries, giving parent company control over and access to all trade transactions.

With its robust capabilities and information accessible anytime, anywhere, Comerica GlobalTRADE Web puts you in control – saving you time, improving your efficiency, and reducing your administrative costs. It will give you the competitive edge you need to succeed in a fast-paced, competitive global marketplace.