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BB&T introduces Web-based international trade tool

CHARLOTTE, N.C. – BB&T International Services today said it has introduced a new Web-based trade tool for importers and exporters.

TradeAssist is designed to help BB&T’s commercial and corporate clients manage their international transactions through the BB&T Web site.

"TradeAssist provides our valued international clients a powerful tool to manage both import and export transactions through a single integrated system," said BB&T International Services Manager John Morton. "Our goal is to continually make these transactions easier for our clients, and most importantly, continue to give them the first-rate consultative service they have grown to expect and appreciate from BB&T."

Importers can use TradeAssist to issue letters of credit, receive collection notices, track documents and transactions, and more.

Exporters can use it to receive letters of credit, initiate collections, track documents, and more.

Importers and exporters can both use TradeAssist to check the status of transactions, create and maintain templates, and communicate directly with BB&T International Services through a built-in Inbox function.

TradeAssist also offers multiple levels of security, a user-friendly design and online help. Charlotte-based BB&T International Services provides import and export services to small business, middle-market and corporate clients.

With offices in Greensboro, N.C., Raleigh, N.C., Richmond, Va., Falls Church, Va., Baltimore, Md., and Atlanta, Ga., BB&T International provides consultative services, letters of credit, documentary collections, international treasury, foreign exchange and export credit insurance.

Winston-Salem, N.C.-based BB&T Corporation (NYSE: BBT) operates more than 1,400 banking offices in the Carolinas, Georgia, Virginia, Maryland, West Virginia, Kentucky, Tennessee, Florida, Alabama, Indiana and Washington, D.C.

With more than $91 billion in assets, BB&T Corp. is the nation’s 11th largest financial holding company. BB&T was named this year to the Forbes Platinum 400 list of America’s "Best Big Companies" for the fourth year in a row.

BB&T and its subsidiaries offer full-service commercial and retail banking and additional financial services such as insurance, investments, retail brokerage, corporate finance, international banking, leasing and trust.