We provide full servicing of our customers’ foreign trade activities. We have built a full-ranged portfolio of contemporary and competitive services ensuring rapidity, low price and minimization of foreign trade risks. We consult our customers on foreign trade instruments helping them choose the best method for each particular transaction. Products:
Import Transactions:
- Documentary Letters of Credit – issued under flexible cash or non-cash lines with good conditions on the market, and providing high image and stability in foreign trade business;
- Documentary Collections – a cost-effective and moderately secured instrument in international trade;
- A full range of different types of Letters of Guarantee – a strong instrument for securing different obligations in the foreign business and issued against credit lines or cash;
- Discount of receivables under irrevocable Letters of Credit– providing the best possible conditions for financing preliminary agreed deferred payments to a foreign seller. Usually made under Documentary Letters of Credit.
Export Transactions:
- Pre-export finance – carefully constructed according to the particular production/trade cycle of the company in order to facilitate shipments;
- Post-export finance – effective and low-cost finance under approved export documents. Usually made for the deferred payment period under Documentary Letters of Credit opened in favor of our customers (LC Discounts);
- Preliminary Document Checking – under an Export Letter of Credit in order to avoid any loss for the company due to minor discrepancies until receipt of export proceeds.