The well-being of your business depends not just on its wealth, but also on its health.
A wealthy business with strong revenues and high profits may or may not be a healthy one with sufficient cash flow to meet its future working capital needs, such as financing the purchase of raw materials and meeting overheads.
Understanding your business working capital cycle
By managing your working capital efficiently, you will ensure your business always has adequate cash flow to meet all its short-term expenses and obligations. Your working capital is determined by three main factors:
Collections
Credit Terms
Inventory Management
Facilitating your cash flow efficiently
We recognize that collections and payments are more than financial transactions. They are fundamental to your business and its financial health.
We have market-leading solutions to facilitate smooth cash flow to maximize its working capital efficiency. Our Payments, Collections and Trade Finance solutions provide certainty, control and convenience in managing your cash flow so you can focus on what really matters - growing your business.
Working Capital Solutions:
Straight2Bank – Online Global Platform
Straight2Bank is Standard Chartered Bank's integrated working capital platform to serve all your transactional, information and hedging needs.
These are offered to meet funding needs for working capital and seasonal growth in receivables and client orders. We provide Bill Discounting, Letters of Credit and Purchase Order Finance.
We know you have ambitious plans and we want to help you achieve them. The banks innovative and unique China-Africa Network Proposition creates opportunities to maintain international accounts in China or elsewhere, all from the comfort of Ghana.
Our ITA, you can make your cross border transactions easier and more economical with preferential FX and remittance rates with the International Trade Account.
Standard Chartered Bank (the “Bank”) is committed to maintaining a culture of the highest ethics and integrity, and in compliance with all applicable law, regulation and internal policy. As part of this commitment, the Bank has a ‘Speaking Up’ programme through which genuine concerns in this regard can be raised. Members of the public can securely raise Speaking Up concerns through this hyperlink, which is hosted on behalf of the Bank by a third party ‘InTouch’. Examples of concerns that can be raised through this website are concerns that relate to accounting, internal accounting controls or auditing matters and concerns relating to bribery or banking and financial crime. Concerns received will be forwarded to the Bank’s investigations team for review. Complaints relating to SCB banking services should not be raised through this site in the first instance, but through the SCB branch network, contact centres, Relationship Managers or the ‘Contact Us’ webpage.
Disclaimer
Please note that this hyperlink will bring to you to another website on the Internet, which is operated by InTouch, an independent company appointed by the Bank to support its Speaking Up programme. Please be mindful that when you click on the link and open a new window in your browser, you will be subject to the additional terms of use of the website that you are going to visit.
This is to inform that by clicking on the hyperlink, you will be leaving standardchartered.com.ae and entering a website operated by other parties:
Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.
The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.
Thank you for visiting www.standardchartered.com.ae
A security vulnerability has been detected in the commonly used OpenSSL 1.0.1a-f. The Open Secure Sockets Layer (SSL) provides communication security and privacy over the Internet for applications such as web, email, instant messaging (IM), virtual private networks, etc.
Standard Chartered Bank websites and banking services are secure and not affected by this vulnerability. However, please remain vigilant and contact the Bank if you notice any suspicious activity in your account.
You're about to leave our website
This is to inform that by clicking on the hyperlink, you will be leaving standardchartered.com.ae and entering a website operated by other parties:
Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.
The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.
Thank you for visiting www.standardchartered.com.ae
IT security researchers have recently discovered a vulnerability in a software that is commonly used in Unix and Linux operating systems to execute commands from applications. This vulnerability could allow an attacker to gain control over an affected machine, access confidential information and perform unauthorised activities.
The Bank has carried out investigations and found no vulnerability in our systems. We will continue to monitor our systems and the external environment to take necessary action if a threat is detected.
