Trade Finance

Doing business abroad can be complicated and risky at times but having an experienced team of trade finance specialists on your side can help you remove many of the obstacles inherent in international trade. You can count on our expert advice and assistance to manage your foreign trade risks and to ensure that your international transactions proceed faster, easier and trouble-free by using our financial instruments like letters of credit, documentary collections, bank guarantees, business financing and foreign exchange.

Import Services

Need to manage your international purchases or need to establish lines of credit to finance your inventory? SBC Bank’s International Trade Finance Team can offers advice on a wide range of trade finance products to assist you in your importing activities.
While you cannot eliminate the risk of not receiving the good which you had ordered and paid for, a letter of credit enable you to reduce the risk of unfulfilled orders by providing your supplier with an undertaking of payment, and often specify shipping and payment dates to coincide with your inventory requirements and cash flow demands. So come to us with confidence for our services and expertise to streamline the entire process in making your business more productive and profitable!
Export Services
Our export services can help exporters minimize their risk of non-payment for goods which have been shipped to the foreign buyer. By relying on us, we can assist you in your exporting activities and tailored the right products, such as letters of credit and documentary collections, to suit your specific needs.

Export Services

Our export services can help exporters minimize their risk of non-payment for goods which have been shipped to the foreign buyer. By relying on us, we can assist you in your exporting activities and tailored the right products, such as letters of credit and documentary collections, to suit your specific needs.

Document Credit

When you need financial support for a foreign transaction, SBC Bank can provide you with a Letter of Credit. We provide a range of commercial letters of credit including sight, usance deferred payment credits, transferable letters of credit and Standby letters of credit which may be used in lieu of financial guarantees.
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Documentary Collection

The main risk of shipping goods on a collection basis is that you have no guarantee of payment once you have shipped the goods to the buyer. Documentary collection is a cost-effective alternative to letter of credit in which it provide you, the exporter, with added security to the transactions by allowing you to retain control of the title documents to the goods. SBC Bank can direct foreign banks to release title documents after payment is made by your buyer, or against your buyer’s written promise to pay at a future date.

Bank Guarantee

In international trade, it is difficult for buyers to assess their supplier’s ability to produce goods as ordered or to provide reimbursement for any default as per contract. Hence, a good way to protect buyers will be a bank guarantee. Bank guarantee will acts as compensation for any breach of contract in which it permits the buyer to collect a sum of money from the issuing bank on demand.
For more information on guarantees, please contact our international trade specialist @ 023 – 211 211

Wire Services

When you need to conduct financial transactions with your foreign counterpart, SBC Bank can handles your incoming and outgoing funds transfers quickly and efficiently through our network of foreign correspondent banks.

Telegraphic Transfer Application Form

- Inward Remittance Guide

All forms are in PDF format and require Acrobat Reader to be viewed. If you don't have Acrobat Reader, download it now.

Advisory Services

When you're ready to expand your business overseas, there is no more knowledgeable resource than the professional advisors at SBC Bank. We are here, ready to assist you in expert consulting on international trade financing, and technical advice on solving specific international business and trade problems. Use the vast knowledge base of our Advisory Services to insure that your expansion is smart and profitable.