The central bank has initiated a pilot program to automatically verify commercial documents, including letters of credit. This system aims to facilitate a fully digital exchange and verification process for documents within international trade corridors. The move seeks to streamline trade finance and reduce reliance on manual processes. This experimental system will initially focus on automating the scrutiny of crucial trade-related paperwork. The initiative promises to enhance efficiency and transparency in cross-border transactions. Ultimately, the central bank hopes this digital solution will significantly improve the speed and security of international trade operations. This pilot represents a key step towards modernizing Bangladesh’s trade infrastructure.