02 — Capability · BC-1720.60
Trade Finance
Let business clients buy and sell across borders with confidence, by guaranteeing payment against the right documents, standing behind their obligations and financing the goods and receivables in between. Screening the parties and goods for sanctions and customs compliance sits elsewhere.
- Trade Services
- Documentary Trade
- Working Capital Finance
In scope
- Import and export letters of credit
- Standby letters of credit and bank guarantees
- Documentary collections
- Supply chain finance, payables and receivables finance
Out of scope
- Sanctions screening of trade parties, vessels and goods (see BC-1770.30)
- Customs and trade compliance for the enterprise's own shipments (see BC-660.60)
- The organization's own guarantees and credit support (see BC-230.20)
Decomposes into · 4
- BC-1720.60.10Letters of CreditIssue, advise and confirm import and export letters of credit, check presented documents against their terms, and pay or refuse on time.
- BC-1720.60.20Standby Credit & Bank GuaranteesIssue standby letters of credit and bank guarantees that back a client's performance or payment, track their expiry and claims, and pay valid demands.
- BC-1720.60.30Documentary CollectionsPresent shipping documents to a buyer's bank and release them only against payment or acceptance, then pass the proceeds to the seller.
- BC-1720.60.40Supply Chain FinanceFinance a client's approved payables or receivables so suppliers are paid early and buyers keep their terms, with the bank carrying the credit exposure.