Trade Finance Solutions

It is a combination of transactions that makes the delivery of goods or services and receipt of payments in consideration thereof easy and acceptable to both buyer and seller. It is based on a prior assumption of having a party wishing to buy goods/ services from another and who is capable of paying the price required.

Benefits and Advantages

• Easy settlement through our world-wide network of correspondent banks.
• Our letters of credit provide financial support to your transactions.
• Due to the application of International Chamber of Commerce-recognized practices, misunderstandings and risks of foreign markets are minimized.
• Exporters maintain control of their goods through asking the bank to withhold title documents or stop shipping goods.
• When governing terms and conditions are met, exporters and importers are assured of receiving their money and goods respectively on time and in good condition.

Trade Products

Trade products can be structured depending on customers’ needs. However, the standard trade finance products are:

• Import / Export Documentary credits.
• Documentary Collections.
• Letters of Guarantee.
• Supply Chain Solutions.
• Avalization of bills for collection.
• Time Extended Documentary Overdraft.
• Bill Discounting.
• Import and Export financing.

For more information, please call: 01-401 3030 Ext. 2287