Core Insights - The article highlights the successful implementation of the first fully online "automatic opening" international letter of credit service by Industrial Bank's Ningbo branch, enhancing the efficiency of financial services for export-oriented enterprises in Ningbo [1] - The service allows companies to submit business background materials online through the "Yingye Manager" platform, eliminating the need for physical paperwork and significantly reducing manual processing time [1][2] - Industrial Bank's Ningbo branch has been actively promoting digital transformation in cross-border finance, offering various online services and products to facilitate international trade financing [1] Group 1 - The introduction of the fully online "automatic opening" service for international letters of credit meets the high demand for efficiency in cross-border transactions [1] - The service streamlines the process by automating information verification and reducing manual review, allowing for a "one-stop" online operation [1] - As of September 2025, the bank has provided nearly 10 billion RMB in cross-border funding support to import and export enterprises [1] Group 2 - The bank aims to continue enhancing its customer-centric service approach by leveraging financial technology to address the actual needs of enterprises engaged in cross-border trade [2] - Future efforts will focus on optimizing service processes and expanding the product range to support more Ningbo enterprises in their international endeavors [2]