Through key relationships with several correspondent banks, we offer the following foreign trade services to our customers:
Establishment of import Letters of Credit
Collecting/presenting bank for bills for collection
Advice of export Letters of Credit
Remitting bank for export bills for collection.
Handling of shipping documents
Structured trade finance
Offshore guarantees
Advisory services
We maintain correspondent banking relationships in all the continents. These include: ANZ Banking Group, London; Citibank N.A. London & New York; FBN (UK) Ltd, London; Fortis Bank, London; HSBC, London and South Africa; Standard Bank of South Africa; UBS Zurich; ABSA, South Africa; Commerz Bank, Frankfurt; Union Bank London; UBA New York; Deutche Bank, Frankfurt; BNP Paribas, Paris and Geneva; Belgolaise Bank, Brussels; Nordea Bank, Denmark; Credit Suisse Bank, Geneva; Agricultural Bank of China; First Rand Bank, South Africa.
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