SimpleX EEB app for iPhone and iPad

4.2 ( 3632 ratings )

Utilities Finance
Developer: Thilisha Thilakarathne

Free

Current version: 2.0.2, last update: 6 years ago
First release : 15 Aug 2017
App size: 73.67 Mb

SimpleX is a powerful tool for issuing Letter of Credits which is a payment term generally used for international sales transactions. It is basically a mechanism, which allows importers/buyers to offer secure terms of payment to exporters/sellers in which a bank (or more than one bank) gets involved. The technical term for a Letter of credit is a Documentary Credit.