Paperless Trade Service

Paperless Trade

uTradeHub is a national e-trade infrastructure that is built under the support of Korean government with the intention of reducing trade industry’s incidental expenses and strengthen export competitiveness through online exchange of trade documents.

utradehub 구성도

Service details

  • Letter of credit advising, opening, settlement and other banking tasks necessary for import and export
  • Purchase certificate and local L/C tasks necessary for domestic (indirect export) transactions
  • Import license, recommendation and other certificate of conformity tasks
  • Cargo insurance and export insurance application, insurance policy issuance advising and other relay tasks
  • Country of origin verification, issuance/distribution/storage of country of origin certificate and other FTA country of origin management tasks

How to use

  • Sign up with uTradeHub (terms and conditions/member information) → Submit application (online upload or FAX) → Authorization > Apply for e-trade or transaction arrangements (banks, partner companies) → Access to service

Service advantages

  • Able to access e-Trade service just by signing in without installing any programs
  • Provides stable e-Trade infrastructure relay, storage, verification services
  • Discount on banking charges (discount rates vary)