Our solutions are designed to ensure that exporters and importers can adequately mitigate their risks in an international trade transaction by using innovative solutions and technology.
We understand the complexities of trading across borders and the significant impact international trade can have on our clients' cash flows. We work with our clients to design solutions to assist the growth of their business. All solutions are available through our African operations.
Solutions include:
- Letters of Credit – an undertaking by a bank, on behalf on an importer, whereby the bank agrees to pay an exporter upon meeting the conditions of the Letter of Credit
- Foreign Bills for Collection – a method of settling international trade transactions, where the importer’s and exporter’s banks act as intermediaries in the collection of trade payments
- Trade financing – discounting or financing of working capital requirements in international trade transactions
- Undertakings – a demand guarantee is a written undertaking by the bank, on behalf of a client (applicant) to a nominated party (beneficiary) for the payment of a sum of money.
- Escrow services – acting as an escrow agent on behalf of parties in a transaction to facilitate the payments from one party to another
- Structured trade finance – our dedicated structuring team provide solutions to support the financing of debtors, inventory or supplier finance