Trade Operation

Letter of Credit

Banking is an integral part of international businesses, where Trade Finance is one of the most lucrative businesses to any bank. Trade finance includes various kinds of loans, advances and facilities required for imports and exports deals that are made on foreign trade, and involve foreign exchange transactions. Letters of credit (LC) are most often used in international trade, governed by the Uniform Customs and Practice for Documentary Credits (or UCP), the rules of the International Chamber of Commerce.

Trade Finance Program

Trade Finance encompasses transactional and value add services offered to corporate/ commercial clients by banks. Trade finance solutions enhance working capital efficiencies of banks’ business clients thereby resulting in overall operational efficiencies and enhanced profitability. From the banks perspective it helps deepen client relationships, making the relationship stickier thereby resulting in a significant delta in revenues.

Core Trade Finance & Letters of Credit

Trade Finance encompasses transactional and value adding services, offered to corporate/ commercial clients by banks. Trade finance solutions enhance working capital efficiencies of banks’ business clients, thereby resulting in overall operational efficiencies and enhanced profitability. From the banks perspective it helps deepen client relationships, making the relationship stickier, thus, resulting in a significant delta in revenues.

Pages

Subscribe to RSS - Trade Operation