Bills of exchange, reinvented: how digital execution unlocks working capital

Bills of exchange haven't disappeared — they've been waiting. With growing demand for flexible working capital tools and a legal landscape that's shifting fast, digital BoEs are moving from pilot to practice. 

The legal foundation is already there. Digital bills of exchange now carry the same legal standing as paper in over 10 jurisdictions — from the UK and Singapore to Bahrain, Abu Dhabi, and Mauritius. The US is the latest significant addition, opening up one of the world's largest trade finance markets. This session explores what that means in practice.  

The panel

Every speaker on this panel has executed digital BoE transactions. This is a practitioner session — not theory. Moderated by Merisa Lee Gimpel, Digital Trade Works — author of the independent Digital Trade Playbook series.  

Natasha Condon 

Global Head of Trade Sales & EMEA Trade Region Head, JPMorgan Chase 

20 years in trade finance and working capital. Leads strategic working capital advisory for top multinationals worldwide. MA, Oxford (PPE). 

Anthony Wadsworth-Hill 

Co-founder, CBO & Deputy CEO, Mercore Group 

Leads commercial strategy at Mercore, spanning structured trade finance and MLETR-aligned digital negotiable instruments. 18 years prior at Bank ABC. 

Susan Ashworth 

Senior Trade Finance Specialist, Matalan 

Award-winning trade finance practitioner. Pioneered digital trade transformation at Matalan, beginning during the pandemic and scaling from there. 

Jon Boran  

Head of Future Products, Lloyds Corporate & Institutional  

Co-authored the UK's first digital promissory note in 2022 and has been scaling it ever since. Now leads strategic innovation at Lloyds, turning early pilots into recognised industry leadership. Co-author of the BAFT/ICC Practical Guide to Documentary Collections. 15+ years across operations and next-gen product development.