ACLEDA Bank empowering SMEs for cross-border trade

International Financial Services to support entrepreneurs* to conduct cross-border trade (buying/selling goods) online quickly between Cambodia-Singapore and other countries on the Proxtera system or Financial Transparency Corridor (FTC) / Universal Trusted Credentials (UTC).

* Entrepreneurs or legal representatives of companies include:

• Micro business
• Small business
• Medium-size business

Benefits

• Entrepreneurs or company representatives can sell/export goods or raw materials abroad by ordering from partners in the international market on the Proxtera system (https://trade.proxtera.com).
• Sell products/goods in the modern system with international standards.
• High security in selling products and making payments through ACLEDA Bank’s system.
• Can order products/goods or raw materials as needed, with trusted sources and international standards.
• Can use financial services that provide immediately support from ACLEDA Bank.

Products/Goods for Sale

A. Khmer products/goods that comply with national standards and laws of the Kingdom of Cambodia can be sold in this international market through the Proxtera system, including:

• Spices and seasonings (peppers, chili, turmeric, coriander…)
• Rice, honey, salt, vegetables, fruits, nuts
• Flours, natural oils
• Meatballs, sausage beef, pork or fish
• Frozen seafood (clam, abalone…)
• Instant food (tea/coffee, noodles, fried chicken…)
• Clothing and footwear products
• Khmer artist and pottery, furniture, etc.

B. Foreign products/goods sold in the Proxtera system that comply with the standards and laws of each country. Cambodian enterprises can order products/goods from foreign suppliers as needed, negotiating directly with suppliers in that country.

Register

Please contact your nearest ACLEDA Bank branch or call (24/7): 015 999 233, 023 994 444 to register for cross-border trade to buy/sell products/goods through the Proxtera system for free of charge.

Please see user guide for on board as a business.

• Fill out the account opening forms
• Fill out the Proxtera system forms
• Open the Proxtera system (https://trade.proxtera.com) and fill in the following information (business profile) correctly:
  • Company Legal Name
  • Tax Identification Number
  • Business Registration Number
  • Type of Entity
  • Date of Incorporation
• Members can be added as needed
• Waiting for approval from Proxtera to be able to use the system

Selling Products

A. Customers need to create Product Catalogue in the Proxtera system:

• Complete seller profile: store name, store description, logo, address, certificate or license if applicable
• Create product catalogue
• Upload product listing
• Describe the product details, specification, pricing, payment term, etc. (see user guide)

B. Customers can sell products in the Proxtera system: negotiate with buyers, accept purchase order, create invoice (see user guide).

Purchasing Products

Customers can purchase goods from abroad in the Proxtera system as follows:

• Search for products
• Negotiate with seller
• Create purchase order
• Perform related tasks: request quotation, request sample, get financing, and complete cross-border payments (see user guide).

Khmer article: https://www.acledabank.com.kh/kh/khm/ps_proxtera