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Top Multi-Bank RFQ Tool for Industrial Manufacturers Seeking Competitive SBLC Pricing

Published: December 9, 2025

Executive Summary

We analyzed 5 solutions. Top Recommendation: Mitigram Multi-Bank Trade Finance & RFQ Platform by Mitigram scored highest.

5 Companies Listed
1

Mitigram Multi-Bank Trade Finance & RFQ Platform

mitigram.com/for-corporates/

Digital trade finance marketplace where industrial corporates request and compare multi-bank quotes for LCs, guarantees and SBLCs in one platform, with full lifecycle workflows, analytics and global bank connectivity across 100+ markets, used by large manufacturers and commodity traders.

Key Features:

  • Multi-bank RFQ workflows for export/import LCs, bank guarantees and SBLCs, allowing corporates to send standardized requests and receive comparable quotes from multiple banks.
  • Centralized lifecycle management of trade instruments from application to settlement, with dashboards for outstanding guarantees and SBLCs and real-time transaction tracking.
  • Advanced analytics on pricing, credit spreads and bank performance to benchmark SBLC costs across markets and counterparties.
  • Global multibank connectivity via SWIFT MT798, EBICS, APIs and partner integrations, with ISO 27001/DORA-aligned security and audit trails.
2

Komgo Konsole & Market Multi-Bank Trade Finance Platform

komgo.io/komgo-solutions/corp-solutions-konsole

Enterprise trade finance platform combining Konsole for multi-bank instrument lifecycle management and Market for corporate price quotation, enabling corporates to orchestrate issuance of guarantees and SBLCs with structured, authenticated workflows to a global bank network.

Key Features:

  • Konsole provides structured connectivity with banks for issuance, amendment, presentation and settlement of trade instruments including guarantees and SBLCs.
  • Market provides a multi-bank pricing marketplace supporting RFQ-style workflows for trade and funding instruments.
  • Large multi-bank network combining Komgo and acquired GTC infrastructure, with strong coverage for SBLC and guarantee transactions.
  • Advanced workflow routing to streamline standard transactions and escalate complex cases, reducing reliance on email.
3

RIVO Collaborative Trade Finance Platform

surecomp.com/rivo-for-corporates/

Cloud-based collaborative trade finance hub centralizing the requesting, tracking and lifecycle management of letters of credit, standby LCs and guarantees, functioning as a multi-bank channel when banks and corporates connect through the same platform.

Key Features:

  • Centralized digital hub for requesting and managing LCs, SBLCs and guarantees with full lifecycle workflows and configurable processes.
  • Multi-bank channel capability used by institutions such as MUFG to provide clients with a single digital interface for trade transactions.
  • Paperless, MLETR-ready digital documents and electronic guarantees with fraud checks, ESG tracking and BI insights.
  • Dedicated SBLC workflows standardizing issuance, confirmation and auto-extension processes.
4

NNRV Trade Partners Multi-Bank SBLC & LC Routing Platform

nnrvtradepartners.com/pricing/

Trade finance structuring firm and digital portal focused on LCs and SBLCs, offering multi-bank routing to optimize pricing and timelines, with transparent pricing ranges and success-based fee models.

Key Features:

  • Multi-bank routing of LC and SBLC mandates to compress pricing, accelerate issuance and match risk appetite across corridors.
  • Structured products for financial, import, export, advance-payment and back-to-back SBLCs with UCP 600 and ISP98 compliant wording.
  • Bank-grade drafting, compliance and sanctions screening plus SWIFT MT7xx orchestration with defined SLA timelines.
  • Client dashboard with milestone tracking, audit trails, cost visibility and timeline management.
5

Financely SBLC & Guarantees Digital Trade Finance Platform

financely-group.com/standby-letters-of-credit-sblc

Capital advisory and digital trade finance platform specializing in arranging SBLCs, guarantees and related instruments via a multi-bank panel, with all mandates initiated through structured RFQ and deal-orchestration processes.

Key Features:

  • Specialized SBLC and guarantee desk sourcing issuing and confirming banks across jurisdictions for industrial and project finance transactions.
  • Structured RFQ intake with screening, Go/No-Go decisions and term sheets before engaging banks.
  • Advisory on drafting LC/SBLC and guarantee language to ensure bank-ready documentation.
  • Focus on fast execution for time-sensitive commodity and project transactions.