As your banking partner, we are able to help you to prepare documents to draw on your export LC, and if you need to free up your funds for other business needs, we can finance the export LC at competitive rates for different foreign currencies. With our financing you can increase the turnaround for your business. You can also opt for a flexible payment plan that complements your cash flow cycle to better manage your financing costs.
How we can help
As a trade finance bank and your banker, we have the expertise to help you prepare the right documents to draw on your Letter of Credit (LC) so that you can be paid quickly under the LC. If necessary, we are also able to provide you with financing against the LC on the basis of the LC issuing bank's undertaking with no effects on your credit facility. Furthermore, should your documents not comply with the LC, we may still be able to, under certain conditions, provide you with an advance based on your expected payment from the LC.
How do you apply?
(Rollover for details)