The Global Business Model M2 GBM ePlatform
The GBM ePlatform is the first completely online solution for importers, exporters and Freight Forwarders to use electronic documents via the Internet instead of paper. Adherence to eUCP 600 Supplement 2.0 (credits) for e/presentation guidelines, and to eURC 522 Supplement 1.0 guidelines (collections and open account). Both published by the ICC in July 2019.
As of 8 April 2020, These ICC eRules Guidelines are being implemented the world over to fight the war on Covid-19.
Internet Trade Facilities Introduction
The present future of Internet trade finance.
Internet Trade Facilities Introduction. YouTube (1.4 minutes):
Import / Buyer Member
Export / Seller Member
Freight Forwarder / Logistics Member
Trade Management Specialist
Any Other Participates
The Global Business Model ePlatform (GBM ePlatform) brings together each party to their trade transaction, or Case, into a video conference call (VC) with an ITF Trade Management Specialist (TMS). The TMS facilitates and manages the discussion between the parties. The importer, exporter, and freight forwarder can view the same trade document(s) at the same time; while the TMS properly completes, amends, corrects or edits the trade document (24 GBM eDocuments) being addressed by the parties to the transaction.
The Case file for the transaction can be viewed (not changed) by the counter parties at any time between the buyers Request For Quote (RFQ), ITF examination and negotiation of the final transport documents, to payment to the seller, and ITF release of the documents via download to the buyer. This is the present future of online world trade management.
The GBM Trade Transaction Document Flow