Our Trade Finance products are designed to help businesses manage their international transactions efficiently and securely. We offer a range of solutions, including Letters of Credit, Bank Guarantees, Documentary Collections, Trade Loans, and Import/Export Financing. These products provide essential financing, risk mitigation, and liquidity support, enabling businesses to confidently navigate global trade’s complexities. In 2024, we launched a new platform to automate processes, improve compliance, and enhance transaction tracking, resulting in faster processing and better integration with global trade networks.
The products that we offer:
We offer Import LCs for our customers who are buying goods and/or services from suppliers locally or worldwide, and Export LCs for our customers who are exporting goods and/or services worldwide.
LC types: Sight, Usance, Standby and Export LC Confirmation.
LGs are provided to our customers who have entered into a contract to purchase goods from a supplier or perform a certain service to beneficiaries.
The letter of guarantee lets the supplier know that they will be paid and tells the owner requesting services that we guarantee that applicant will fulfill contract obligation even if the customer of the bank defaults.
LG types: Bid Bond, Payment Guarantee, Retention Guarantee, Advance Payment, and Counter Guarantee.
Our bank handles both inward and outward documentary collection, acting as an agent bank to facilitate business needs to such international trade products.
DC Types: Sight, Usance, and avalized.
If you have any further inquiries or would like to discuss with us a special structured trade finance solution that can match your business needs,
please contact us at info@cqurbank.com
