Trade financing is a type of financial service that helps businesses manage the risk associated with international trade transactions. It involves various products such as Banker's Acceptance (BA), Letter of Credit (LC), Trust Receipt (TR), and Bank Guarantee (BG). Banker's Acceptance is a short-term credit facility that allows businesses to obtain funds for international trade transactions. Letter of Credit is a guarantee from a bank that ensures payment to the exporter when certain conditions are met. Trust Receipt is a financing arrangement where the importer takes delivery of the goods but pledges the proceeds to the bank until the loan is repaid. Bank Guarantee is a commitment from a bank to ensure that a specific obligation is met.
We offer these trade financing products to help businesses mitigate the risks associated with international trade transactions and facilitate their business growth.
