Trade finance solutions for imports and exports
Guard against import risks
We offer short-term financing to help facilitate short-term working capital needs. Let us pay your suppliers and convert the payment into a short-term trade loan.
Solutions to make exporting work for you
Exporting? We are with you all the way, from before and after shipment and with tailor-made solutions to fulfil your trading obligations.
Explore our options
Your supplier abroad may require you to provide an irrevocable letter of credit in their favour to secure a trade transaction.
Our network of branches and correspondent banks enables us to issue letters of credit to beneficiaries in virtually all countries worldwide and in all freely convertible currencies.
Subject to fulfilment of all our requirements, our policy is to ensure the beneficiary's bankers receive our Letters of Credit within 24 hours of our receipt of your application.
These are letters of credit that can be transferred from the first beneficiary to one or more additional beneficiaries by the transferring bank.
We are currently actively involved in issuing and advising transferable letters of credit on behalf of and in favour of our customers.
Given the risks inherent in these instruments, our trade specialists are available to further discuss the implications, terms and conditions under this type of credit.
Get immediate cash with forfaiting
Forfaiting is a means of financing used by exporters that enables them to receive cash immediately by selling their medium-term receivables (the amount an importer owes the exporter) at a discount
Streamlined payments to suppliers
With our electronic banking system, payments to suppliers will be facilitated easily and will provide access to cash for your suppliers.
Prepayment to suppliers
You issue post-dated instructions to pay specified suppliers at a future date.
Easy, fast and electronic
We will facilitate the payment process electronically – making it easier and quicker.
Direct access to cash
With our electronic payment system, your suppliers will get direct access to cash to provide services or products.
Trade solutions for company growth
We cover the whole spectrum of trade finance solutions – from guarantees, bonds and indemnities to invoice and bill discounting.
What you can expect
Bank guarantees provide a number of advantages to both international and local businesses:
- They enable you to tender for business that you might have previously considered out of reach.
- They can improve the terms of your tenders and they can help you negotiate better terms on contracts.
What you get
The main types of guarantees and bonds that we provide are:
- Bid bonds
- Performance guarantees
- Custom bonds
- Advance payment guarantees
- Retention money guarantees
- Shipping guarantees
- Maintenance guarantees
What you get
- Different types of either financial or commercial documents are exchanged during trade transactions. These provide evidence of a transaction as well as acknowledgement of debt.
- This specialised form of trade financing is available with or without recourse to your business, depending on the credit assessment of both parties involved in the transaction.
- It enhances your cash flow position.
It is competitively priced.