Hassle-Free Trade Finance Services For Global Import/Export Business
Our innovative tailored short, medium and long-term trade finance solutions enable us to meet our corporate and financial institutions clients‘ global import and export needs in a timely, efficient, risk averse manner.
With our IT and data centres in Bangkok and New York we deliver state-of-the-art solutions and support you with efficient high-quality handling and expert advice on the market’s changing requirements.
Letters of Credit (LCs) are the safest and often most convenient means of financing trade related transactions. An LC (Documentary or Standby) is a written undertaking given by a bank (Issuing Bank) to a beneficiary on instruction from an applicant (issuing Bank’s client) to pay the beneficiary at sight, or at a determinable future date, a stated amount of money within a defined time period. This undertaking is conditional upon the beneficiary’s documentary compliance with the terms and conditions in the LC.
A Documentary Collection is the collection of a sum of money due from a buyer to a bank against delivery of certain documents. The bank, acting as trustee and intermediary between exporter and importer, presents documents - by order of the exporter - which are proof of the actual delivery of a product or service rendered, and in exchange receives payment of the amount owed or obtains acceptance of a bill of exchange.
To Apply for our Documentary Services please click here or Download Application forms from the Download Center.