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This is a test deployment and is not authoritative. The published site is at unvtd.unece.org.Under developmentThe UNVTD project is in development phase and is not yet ready for production implementation. The final approved and implementable standard is expected to be released before the end of December 2026.
Business CasesBank

Bank — Business Case

The case for a bank or financier adopting verifiable trade documents and identity.

A bank’s job is assessing the authenticity and risk of documents and parties — exactly what verifiable credentials automate. They cut due-diligence cost and the fraud, information-asymmetry, and collateral barriers that drive the trade-finance gap, broadening access for SMEs.

Where the value comes from

  • Trade & working-capital finance ④ (primary) — lower asymmetry and fraud risk let the bank finance more trade, for more (and smaller) exporters (Trade Finance).
  • Compliance & risk ⑦ (primary) — automated KYC, fraud detection, and double-financing prevention via provable control of transferable records.
  • Operational efficiency ⑥ (secondary) — automated document checking in place of manual examination.

What it costs

A one-time verifier integration into onboarding and trade-finance systems. Decentralised model — no platform membership or per-transaction fees; the bank folds verification into systems it already runs.

Payback

Due-diligence and fraud-loss savings, plus newly financeable business, against a modest integration cost — typically a short payback.

Generate your business case

Light — attach your annual report and/or trade-finance portfolio data, then paste the prompt below into a browsing-capable frontier model (ChatGPT, Claude, or Gemini). It fetches the UNVTD method and returns a 4–8 page draft; ask it to convert to Word.

Full — for exact, data-grounded figures, clone the repository and run Claude over the per-country data. See the generation guide.

Copy the Light prompt

You are preparing a first-draft UNVTD business case for the bank / financier whose document(s) are attached. The goal: adopting verifiable trade documents and identity to cut due-diligence cost and fraud, prevent double-financing, and finance more trade — including for SMEs.

INPUTS
1. Attached document(s) — extract trade-finance volume, application/rejection rates, due-diligence (KYC) cost, and any fraud-loss indication. Where a figure is absent, use the benchmark defaults on the methodology page and say so.
   No document? Paste your organisation's website — WEBSITE: __________ (e.g. https://examplebank.com). The model looks up your sector, country of operation, and scale (assets / trade-finance book), then produces an illustrative estimate from your country's context (Evidence section: https://unvtd.unece.org/evidence/) and typical assumptions for a bank of your size — clearly flagged as indicative. If neither a document nor a website is given, ask the user.
2. Fetch these UNVTD pages (and follow their links):
   - Method: https://unvtd.unece.org/business-cases/assessment-methodology/
   - This stakeholder's case: https://unvtd.unece.org/business-cases/bank/
   - Scenario: https://unvtd.unece.org/use-cases/trade-finance/

METHOD
Apply the method from the Assessment Methodology page to the bank's levers — trade & working-capital finance and compliance & risk (primary), with secondary operational efficiency (automated document checking). For finance, use the data-derived 58% UNVTD/GRID-addressable share (digital ID 27% + verifiable documents 9% + asset collateral 22%); report finance enabled and its economic benefit separately. Double-financing prevention relies on provable control of transferable records. Cost is a one-time verifier integration into onboarding and trade-finance systems.

RULES
- Be conservative — lower end of every range unless the attached document justifies higher.
- Show your working; every monetary figure is a range; separate finance enabled from economic benefit.
- Confidence (High/Medium/Low) per benefit; conservative / base / optimistic scenarios.
- Assess ecosystem readiness — national register / GRID for KYC, the ETR control protocol for transferable records, correspondent-bank reach.
- Plain markdown; end by telling the reader to convert to Word.

OUTPUT — a 4–8 page business case: 1) Executive summary; 2) Bank profile; 3) Why verifiable trade matters to the bank; 4) Estimated benefits (finance, compliance & risk, with confidence + scenarios); 5) Estimated cost (verifier integration); 6) Payback, NPV, ROI; 7) Implementation roadmap (Discovery → Alpha → Beta → Live); 8) Assumptions, methodology & references; 9) Next steps.

If you cannot browse the web, use Full mode instead (clone the repository; the full method and per-country data are local).

Learn more

Assessment Methodology · Trade Finance scenario · Transferable Records · related: Trader, Logistics

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