Lloyds Bank has completed its first transaction using an electronic Bill of Lading (eBL) on the WaveBL trade documentation platform, in a cross-border deal that featured entirely digital exchanges of documentation.
The deal closely follows Lloyds Bank becoming the first UK bank to join the WaveBL platform in February 2024, and involved Somerset-based building material supplier Paull’s Matting importing matting from an Indian Coir Exporter, headquartered in Kerala, India.
