Trade finance
We offer comprehensive support for our clients' trading activities.
Trade finance at Postbank includes modern competitive products, ensuring speed, low costs and minimising intercompany trade risks. We help our clients choose the right payment tool for every deal.
Types:
Bank guarantees – a strong tool for securing various obligations in foreign trade business, when dealing with public procurement or other counterparts. For proper performance, for participating in a tender, for the warranty period, for payment, for refunding an advance, customs guarantee, and more.
With the option for electronic signing and delivery.
Import transactions:
- Documentary letters of credit - issued against flexible credit lines on favourable market terms, ensuring a strong reputation and stability in your foreign trade activities
- Documentary collections - an inexpensive and relatively secure instrument for foreign trade
- All types of bank guarantees issued against credit lines - a powerful instrument for securing a wide range of obligations in your foreign trade business
- Discounting of letters of credit in favour of the foreign seller - financing of a pre-agreed deferred payment to the foreign seller on the best possible terms for them
Export transactions:
- Pre-export financing - carefully tailored to the specific production and trading cycle of your company in order to support your exports
- Post-export financing - efficient, low-cost financing based on approved export documents. It is typically arranged for the deferred payment period under export letters of credit opened in favour of our clients
- Preliminary review of documents - under export letters of credit, with the aim of avoiding losses to your company arising from minor documentary discrepancies until the export receivables are collected