Global trade solutions to suit your business

Global payments is ideal if you need to make or receive international payments.

• A fast and efficient way of making and receiving payments.
• Outward and inward payments are settled through encoded SWIFT messages, ensuring that the transaction takes place in a completely secure environment. 
• The simplicity of the SWIFT network makes global payments a simple and convenient method of sending funds.

To structure and manage your complex cross-border trade transactions, we can offer you customised trade solutions.

• Foreign currency and rand trade loans.
• Pre- and post-shipment trade finance products, allowing for both documentary and open-account financing structures.
• Provision of fixed-income, credit and commodity hedging products incorporating a full suite of interest rate, inflation-linked and currency derivatives.

Documentary solutions are guarantee-backed payment methods used in international trade, whether parties have an existing relationship or not.

• With documentary collections, importers and exporters with an existing relationship are protected as shipping documents are released only against payment or acceptance of conditions.
  
• Documentary credits are used by both importers and exporters where the parties involved don’t know each other, and provides an element of protection to both the buyer and supplier.
  

A customer foreign currency (CFC) account is a useful mechanism for managing foreign currency receipts and payments and is ideal if you import, export or make and receive payments in foreign currency.

• Manage exchange rate fluctuations by setting off income and expenses in a foreign currency.
• Export proceeds are retained in foreign currency and can be used at a later stage for settling outstanding foreign commitments.

A guarantee is an undertaking by the bank to pay a third party at the request of the client. The third party can use the guarantee to enforce the payment against performance default by the client, or to facilitate agreed payment terms.

• Guarantees remove the risk associated with non-payment.
• You can guarantee payment to a third party without necessarily committing funds upfront, alleviating cash flow pressure.
• The client can customise the conditions of the guarantee.

Derivatives can be used to reduce the risk of unexpected future costs, making cash flow predictions more accurate.

• We have a one-stop platform with multiple options to meet all your needs. 
• Provision of fixed-income, credit and commodity-hedging products incorporating a full suite of interest rate, inflation-linked, commodity, credit, and currency derivatives.