The perfect business tool to multiply your trade sales.
- Letter of Credit (LC) Sight & Usance
A written undertaking from a world class bank to pay a beneficiary (e.g. Supplier) only against agreed set of stipulated documents, provided all terms and conditions of the LC are met.
Sight LC Payment – payment made against set of documents that are in full compliance with the LC Terms & Conditions.
Usance LC Payment – payment made on a future date to beneficiary after acceptance of the LC documents.
- Loan Against Trust Receipts (LATR)
Short term Import Loan, mainly offered in conjunction with Import LCs.
- Custom bonds and guarantees
Guarantee / bond issued in favour of customs.
Straight2Bank services combine convenience and security in one comprehensive and easy-to-use internet platform helping you access Trade, Lending and online Treasury as well as Cash Management services.