International trade is your business. Making it go faster is ours. Navigate the waters of international trade through our award-winning Straight2Bank platform. You now need only one consolidated channel for all your trade transactions – the same channel that links you to a host of other cash management solutions.
Imports / Exports
• Letter of credit
A Standard Chartered letter of credit gives you the assurance from a world class bank when dealing with unfamiliar suppliers, you can be confident that payment will not be made until the documents are received and verified to be in order.
• Import bills for collection
By informing your supplier to send their shipping documents to Standard Chartered, you will enjoy prompt advice upon our receipt of documents and efficient payment according to your instructions.
• Shipping guarantee
To operate your business efficiently, it is vital your goods be cleared expeditiously. By issuing a shipping guarantee in the shipper’s favour, Standard Chartered facilitates prompt clearance of goods until bills or lading are received.
• Import financing
Standard Chartered will be able to provide financing solutions to pay for the supplier’s documents under letter of credit or import collections. open account invoice financing is also available.
• Performance bonds and other guarantees
Standard Chartered offers tailored solutions to meet all your performance bond and guarantee needs.
If you are in the export business, we can help you with Export L/C advising, L/C Safekeeping, L/C Confirmation, L/C Checking and Negotiation. For financing solutions, tap on to Pre-shipment Export Finance, Export Bills for Collections, Invoice Financing. Outsource your administrative functions to SCB’s document preparation service.
• Export letter of credit advising
Benefit from prompt advising of export letter of credit from a wide international network through Standard Chartered.
• Export letter of credit... [continues]
Cite This Essay
(2011, 10). Standard Chartered Bank. StudyMode.com. Retrieved 10, 2011, from http://www.studymode.com/essays/Standard-Chartered-Bank-811875.html
"Standard Chartered Bank" StudyMode.com. 10 2011. 10 2011 <http://www.studymode.com/essays/Standard-Chartered-Bank-811875.html>.
"Standard Chartered Bank." StudyMode.com. 10, 2011. Accessed 10, 2011. http://www.studymode.com/essays/Standard-Chartered-Bank-811875.html.