The Rabobank of the Netherlands has developed a secure internet environment where its clients are able to access or request their letters of credits. Options such as import and the amendment of letters of credit are currently available in this environment. The export version is to be set for release towards the end of 2001.

A demonstration of the import version in English can be found at www.rabobank.nl/data/letterofcredit/voorblad.html.

The Rabobank is also developing another Internet service that will offer its clients the possibility to access their entire letter of credit file via the internet. Clients will be able to study all documents presented, locate their whereabouts and acquire information regarding the status of the L/C. This service will also be available for clients that make use of international collections and bank guarantees.