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June 2006 New York. China Systems is pleased to announce that US Bancorp has successfully gone live with CS Eximbills , China Systems' flagship product that delivers trade finance solution and is designed to automate the full range of Trade Finance activity and specializes in the complexity that the trade finance operations gives.
US Bancorp is using CS Eximbills version 4.0 which is known for its open design of the client server architecture. Although Eximbills has traditionally been available on different platforms including the IBM AS/400 and PC LAN,
CS Eximbills is designed with an open architecture to provide greater hardware independence, enabling it to run across different platforms. It is also open to various relational database systems such as Oracle, Sybase for UNIX, SQL for Windows NT, DB2 for AS/400 and MVS, and many more.
Moreover, CS Eximbills streamlines and process all data, accounting, documents and reports providing a cycle of automated processing methods for every possible transaction type or variation. CS Eximbills handles transactions from beginning to end.
CUBK, Import Issuance, Import Negotiation and Transfers are included in the bank's implementation.
About US Bancorp.
U.S. Bancorp operates nearly 2,500 locations, along with more than 5,000 branded ATMs in some two dozen mid – western and western states. The bank holding company, one of the 10 largest in the country, owns U.S. Bank and other subsidiaries that provide consumer and commercial banking, as well as mortgage banking, private client services, equipment lease financing, and title and business insurance.
About China Systems
China Systems was established in 1983 and is today's largest trade finance system vendor in the world, with offices throughout Europe , North America , Asia , and the Middle East .
CS Eximbills, our world-renowned back office trade finance system and China Systems' flagship product, is used by more than 200 customers in over 500 installations in more than 75 countries worldwide.
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