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Importing and exporting
Payment protection - the heart of international trade
Uncertainty is a fact of life in today's complex global trading environment, even in well-established markets. Which is why payment protection can help form the cornerstone of your international success.
We have a wide range of payment protection solutions for importers and exporters, all designed to safeguard your business.
Letters of Credit
Import and Export Letters of Credit act as an undertaking by a bank to guarantee overseas payment, providing the terms and conditions of the credit are met.
Collections
Import and Export Collections are universally recognised methods for routing trade documentation through the banking system. They are a secure form of overseas payment, although they are not guaranteed.
Bonds and Guarantees and Standby Letters of Credit
Bonds, Guarantees and Standby Letters of Credit are bank instruments which enable payment to be made if there is a default in the underlying contract, providing the terms and conditions of the instruments are met.
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