- SCB will speedily confirm your trade data via a Transaction Matching Application (TMA) when serving as your Recipient Bank under a BPO
- After shipping goods to a customer, your company submit its trade data to SCB, which checks for compliance against the BPO. We feed your trade data into the TMA for electronic verification. SCB informs you whether the result is a match or mismatch.
- If the TMA returns a match, SCB will inform you of the payment due date beforehand. If the result is a mismatch, SCB will inform you whether or not your customer decides to accept the discrepancy.
- On the payment due date*, SCB will transfer the funds into your account after your customer's Obligor Bank has paid for the goods.
* Only in instances where the TMA check is positive, or where a mismatch is accepted by your customer via its Obligor Bank.น