Mobile Banking for Micro-Trade Financing: Use of Automated Trade Procedures

29 Pages Posted: 29 May 2012  

Roger Bons

VU University Amsterdam

Ronald Marlin Lee

Florida International University (FIU) - Department of Decision Sciences & Information Systems

Vu Hoang Nguyen

Economics University - Hochiminh City

Date Written: November 1, 2011

Abstract

Formal tools and techniques that were originally developed for large-scale international trade can now be usefully adapted for use with micro-level transactions. We propose a concept of electronic trade procedures for use with micro-trading: how they can designed; enabling technologies; and current application areas. We elaborate using the example of documentary credit operations, a method widely used for large scale international trade. We sketch a design for documentary credits for micro-trading, based on mobile banking and mobile technologies.

Keywords: mobile banking, micro-trading, micro-finance, trade facilitation

Suggested Citation

Bons, Roger and Lee, Ronald Marlin and Nguyen, Vu Hoang, Mobile Banking for Micro-Trade Financing: Use of Automated Trade Procedures (November 1, 2011). Available at SSRN: https://ssrn.com/abstract=2070269 or http://dx.doi.org/10.2139/ssrn.2070269

Roger Bons

VU University Amsterdam ( email )

De Boelelaan 1105
Amsterdam, ND North Holland 1081 HV
Netherlands

Ronald Marlin Lee (Contact Author)

Florida International University (FIU) - Department of Decision Sciences & Information Systems ( email )

Florida International University
Miami, FL 33199
United States

Vu Hoang Nguyen

Economics University - Hochiminh City ( email )

59C Nguyen Dinh Chieu St
District 3
Hochiminh City
Vietnam

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