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VISION:

To secure our position as a global premium financial service provider in international trade, setting ourselves apart from the competition through efficient customer engagement and integrity.

MISSION:

We aim at reducing the risks involved in international trade and providing you with the confidence to trade efficiently and effectively.

VALUES:

Integrity - To work in a manner that is fair, reliable and consistent for both clients and the organisation as a whole.

Export Letter of Credit

An Export Letter of Credit is a commercial letter of credit issued by a foreign bank in favour of a domestic exporter at the request of a foreign buyer.

 
The purpose of an export letter of credit is two-fold: first, the export letter of credit virtually eliminates any credit risk assumed by non-payment for the goods sold; and second, it ensures a line of credit to finance business with borrowed money.
 
Benefits of Using an Export Letter of Credit
 
Improvement in cash flow management
Extended payment terms
Hedges currency exposures
Prevents insurance costs