Offices

Octet Finance, Sydney
Octet House
108 Cathedral Street Woolloomooloo
NSW 2011

Octet Finance, Melbourne
Level 8, Como Office Tower
644 Chapel Street
South Yarra
VIC 3141

Octet Finance, Brisbane
Level 18
Riverside Centre
123 Eagle Street
QLD 4000

Octet is unique

Octet is a new generation international and domestic transaction financing solution using a trade loan to facilitate a rapid exchange of funds between buyer and seller. The uniqueness of the Octet concept is that it creates a global closed community business-to-business process for the exchange of information that enables transaction finance for domestic and international trade.

All communications between the Seller and the Buyer are transacted via the Internet through a secure portal specifically developed by Octet. It is a web-enabled financing mechanism that uses digital certificates stored on smart cards for user authentication and digital signatures for documenting transaction authorisation.

We believe that the matching approval system in our Portal is the “unique” feature, as it requires a series of client interactions from both sides of the transaction. It is therefore different from a Visa or bill paying system as it progresses through a series of authorising steps all of which are electronic. This acceleration of the working capital cycle facilitated by Octet enables both domestic purchasers and domestic sellers to expand their business activities and grow accordingly.

 
Did You Know?

The noticeable differences of the Octet process to the consumer credit card are:

 

  • The need to link in all four parties on the portal from the very beginning of the transaction process i.e. when the purchase order is placed and
  • The system requires a series of member (buyer and seller) interactions from both sides of the transaction. It progresses through a series of authorising steps using digital certificates stored on smart cards for user authentication and digital signatures for documenting transaction authorisation. It ensures a validation and verification process has occurred between all parties at each sequential stage of the trade transaction. This gives the two Financial Institutions linked to the buyer and seller, the knowledge and comfort that the buyer and seller have indeed transacted.
  • It caters for large business to business transactions

 

 
Apply for a Business Transaction Facility, optimise your cash flow and get More Power To Trade
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