SINGAPORE, Jan. 15, 2026 /PRNewswire/ -- Standard Chartered has successfully completed its industry standard API-based bank guarantee transaction for a global energy company via Komgo's Konsole, a leading multi-bank trade finance platform. The landmark transaction adopts the newly launched Industry standard ICC-Swift API standards for bank guarantees.
Fully compliant with ICC-Swift API standards for bank guarantees, the transaction marks a significant step towards creating a fully interoperable and integrated digital bank guarantee ecosystem, reducing friction and supporting the digital transformation in global trade.
Standard Chartered is among the first global banks to adopt and operationalise the new ICC-Swift API standards for bank guarantees and embed it in a live client trade workflow. By enabling real-time connectivity between Komgo's Konsole and the Bank, it simplified integration and addressed the challenge of multiple API connectivity making this transaction possible. This integration automates the receipt of instructions and accelerates the issuance of digitally initiated bank guarantees, offering clients greater speed, transparency and reliability.
The solution was first executed through Standard Chartered UK and will be progressively extended to clients across all the group's markets. This reflects the Bank's commitment to client-centric innovation and its leadership in the digitisation of trade finance.
This milestone highlights Komgo's ability to integrate seamlessly with financial institutions in alignment with the ICC-Swift API standards for bank guarantees, reinforcing its role as a scalable enabler of industry-wide connectivity and automation.
Samuel Mathew, Global Head, Documentary Trade at Standard Chartered, said: "Standard Chartered has always combined innovation and digitisation with strong client focus. We are delighted to be among the first banks to commercialise the ICC-Swift API standards for bank guarantees, which we helped develop in collaboration with ICC, Swift, member banks and fintechs in the ICC-Swift API working group. We are playing our part by making digital guarantees more accessible to our multi-banked clients whilst driving operational efficiencies and building a future-ready, globally interoperable trade ecosystem."
Komgo is a global digital trade finance platform that streamlines corporate-to-bank trade finance communication and enhances efficiency for both corporates and financial institutions.
Standard Chartered is a leading international banking group, with a presence in 54 of the world's most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Rami Lawand
Standard Chartered
+65 9632 1507
Rami.Lawand@sc.com
Alvina Neo
Standard Chartered
+65 8186 8074
Alvina.neo@sc.com
Tim Tran
Komgo
tim.tran@komgo.io
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