A proper trade finance service enables secure and prompt settlement between business partners. We provide trade finance services that help managing trade transaction risks and cash flows.
Letters of Credit
A letter of credit is a bank's obligation to pay for goods or services issued upon the buyer's request in accordance with documents submitted by the seller, which correspond to the terms and conditions specified in the letter of credit.
Documentary collection is a way of settlement where the seller submits the documents related to a trading transaction to the buyer through its bank after the buyer settles them or undertakes to settle them by accepting a bill of exchange.
Bank's guarantee is a bank's obligation to pay a certain amount of money or part thereof to the beneficiary of the guarantee, if the Bank's client whom the Bank has guaranteed to, fails to fulfil or fulfils inappropriately its obligations to the beneficiary of the guarantee.
Discounting of Export Letters of Credit
Discounting of Export Letter of Credit is a prepayment of documents submitted in accordance with the export letters of credit issued by the Bank's client before its payment maturity.