When you import and export from different shores, it is important to have seamless operational support. Receiving the right trade financing services can help you effectively manage risks associated with foreign trade, giving you the opportunity to expand your business more extensively. We offer a range of services so that you can concentrate on the bigger picture.

An arrangement with the Bank that gives your suppliers an assurance of payment. Moreover, you are also assured that payments will only be released on presentation of stipulated documents that comply with all the terms and conditions in the LC.

• Advance payments need not be made for goods purchased
• More transactions can be performed with foreign businesses through payment guarantee from LC
• Ability to negotiate for better prices
• Payment can only be made to supplier presenting all stipulated documents called for under the LC
• Local or Foreign Currency Loans are available to finance the underlying goods
  

You can have the Bank act as an agent to handle all documentary collections on your behalf.

• Payment will only be made on arrival of goods
• You may arrange for financing to obtain documents and goods
• A cheaper alternative compared to establishing LC
  

Enables you to take delivery of your goods prior to payment of the bills. Essentially, you act as a trustee to the Bank to sell goods on behalf of the Bank and the proceeds from the sale of the goods are used to repay the Bank at a later date.

• Prompt payment to your supplier
• You can take delivery of goods without immediate payment
• You get to sell goods before payment
  

Another alternative financing facility available where you draw a Bill of Exchange on the Bank and this will be accepted by the Bank to finance your local and/or overseas purchases.

• Prompt payment to your supplier
• Ability to pay cash to your supplier in order to obtain a discount
• Flexible and simple documentation
  

We can provide end-to-end trade financing solutions to enable better management of your working capital requirements.

With our vast network of local branches and correspondent banks, we can act as the advising Bank for your ELCs issued by Banks throughout the world.

• ELC is authenticated to ensure genuineness and we can provide information on the issuing Bank
• You can proceed with execution of the order and shipment of the goods as soon as you have the ELC
• Undertaking from the issuing Bank to pay upon presentation of compliant documents called for under the ELC
  

We can add confirmation to your ELC upon request. You will have an additional undertaking of the confirming Bank to pay upon presentation of compliant documents.

• Allows safer trade with unfamiliar and potentially risky countries
• Opens up new markets to increase export business
• Undertaking from issuing Bank and confirming Bank to honour payment
• Overcome currency risks
• Reduces payment risk from non-availability of 'hard' currencies
  

You can have the Bank act as an agent to handle all documentary collections on your behalf.

• Monitor the status and the collection of payments of your export bills
• For sight bills, you can be assured that you will receive your export proceeds once the documents are released to your buyers
  

A financing facility available to sellers and exporters by purchasing sight or discounting usance or documents under ELC

• Bank handles and monitors collection of proceeds
• Obtain advance or financing before actual payment or acceptance by buyer/importer