Problem Overview Letter of Guarantee (LG) issuance helps the world go around, enabling businesses to obtain goods or services from a supplier under favorable conditions. It should be relatively straightforward for any corporate account holder to apply for an LG, however far too often it becomes a painful and tedious experience. The problem arises in the lengthy process that is required when the bank customer applies for an LG. This process not only requires a large amount of manual paperwork, but also interaction with a lot of different systems. A combination of heavy paper loads and several system interrogations increases the chance of manual mistakes and delays in the process flow. Moreover, there is a lack of visibility throughout the process. Powered by Aurachain A solution for

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