Trade Finance
Imports:
• Issuance of Pre-advise L/C
• Issuance of L/C
• Documentary Collection
• Import Loan
Export:
• Advising L/C
• Negotiations under L/C
• Discount export L/C
• Transferring L/C
• Documentary Collection
• Confirmation of export LC
• Confirmation of export LC
• Settlement L/C
Shipping Guarantee:
• Issuance of shipping guarantee
• Endorsement B/L under LC
Guarantee:
• Issuance of Bid/ Performance/Advance Payment Bonds
• Warranty
| 1/ LETTER OF CREDIT Benefit for Importer
- Easier to do business with unknown sellers
- A cost-effective and secure way to trade internationally
- Ensures that suppliers have met your terms and conditions before you pay them
- Strengthens your negotiating position by offering a guaranteed payment and it
helps importer to limit the risk from the exporter. Benefit for Exporter
- Easier to do business with unknown sellers
- A cost-effective and secure way to trade internationally
- Prevent the risk from importer and importer country
- Our export trade specialists check the authenticity of Documentary Credits
(DCs) issued to you
- Allows you to start arranging shipment quickly
- Ensures that L/C reaches you within 24 hours of receipt from the issuing bank
- Can received money in advance after shipment and presented the comply
documents ( Discount LC) | No | Type of Services | Fee | Cable | | 01 | Issuance Import LC | 0.15%/month ( Min.$40.00 ) | $40.00 | | 02 | Settlement Import LC | 0.125%/amount ( Min.$30.00 ) | $20.00 | | 03 | Advising Export LC | $30.00 | - | | 04 | Settlement Export LC | 0.15% / amount ( Min.$50.00 ) | - | |
| 2/ DOCUMENTARY COLLECTION Benefit for Importer
- Enables you to receive goods before payment
- Eliminates the need for credit facilities if no bank finance is required on payment
- A simpler alternative to Documentary Credits
- Reduces payment risk for your supplier at minimal cost to you
- Gives you access to goods without delay
- Suppliers are paid as soon as your account is debited with no hidden interest
or payment delays Benefit for Exporter
- Collection is a straight forward and less expensive mode of settlement.
- Payment is usually quicker compared to open account.
- Title to the goods can be controlled by the bank until buyer’s payment or
acceptance of the bill of exchange | No | Type of Services | Fee | Cable | | 01 | Advising Inward Bill Collection | $30.00 | $20.00 | | 02 | Settlement Inward Bill Collection | 0.20%/amount (Min.$30.00) | $20.00 | | 03 | Handling Outward Bill Collection | $30.00 + Courier charge | - | | 04 | Settlement Outward Bill Collection | 0.15% / amount (Min.$50.00) | - | |