International business trading can be
complex, involving many different transactions and documentation such as payments,
payment collection, letters of credit, guarantees, and trade finance
loans. From trade services, to making
the actual payments, we offer a one-stop shop for your business’ international
Trade Services Products
|Open Account Payments
||A foreign payment where an open account term exists
between the importer and the exporter.
|Foreign Bills for Collection
||As a South African exporter we assist you with receiving payments
from your overseas customers.
|Letters of Credit
||Facilitates financing, provides legal protection, and
assures examination of all documents related to the import/export transaction.
||Ensures that, should the debtor fail to settle a debt, the
issuing bank will cover that debt.
||Short-term trade finance
and working capital.
|Customer Foreign Currency Accounts
||A foreign currency banking
account designed for South African businesses with offshore trading
||Our partner company, Tradeflow, gives approved importers
access to trade and supply chain financing while enabling hands-on control of
regulatory, document-handling and international payment processes.
|Forward Exchange Contracts
||Two methods of exchange
contracts for importers to facilitate payments to overseas suppliers.