Financing for export and import businesses.
The Trade Finance Unit is handled by a team of skilled KSA staff who support the import and export requirement of Retail & Wholesale Banking business segment of the Bank. Trade Finance conducts workshops on UCP 600 for its corporate clients. The Unit has State of Art IT architecture, very well located in the heart of the city to cater to the diverse requirements of top-end clients.
The Unit provides all spectrum of products such as:
- Import & Export Letters of Credit
- Confirmation & Negotiation Export Bills
- Import Bill Financing
- Export Bill Financing
- Bill Discounting
- Buyers Credit Financing
- Structured Trade Finance
- Contract & Financial Letters of GuaranteeDiscounting against ECGA Cover
- Discounting against Bank Lines
- Avalisation of Import Bills
- LPO Financing
- Standby Letter of Credit
- Pre shipment / Post shipment Financing
- Advisory services & Technical support for your trade deals