June 2006 New York. China Systems is pleased to announce that US Bancorp has successfully gone live with 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.