Documentary services
For added security when entering into foreign trade transactions, our dedicated team of international banking specialists can provide a range of trade services.
Letters of Credit
We can issue a Letter of Credit to importers or pass on a Letter of Credit to exporters. As long as key documents are presented and the terms of the Letter of Credit are followed, settlement is guaranteed.
Contract Guarantees and Bonds
If your business makes bids, tenders or other performance-related commitments, we can have Bonds and Guarantees issued on your behalf.
Documentary Collections
Once you have an established relationship with an overseas party you could choose a Collection or Bill of Exchange. They cost less and are quicker to set up than Letters of Credit – offering a compromise between open account terms and payment in advance.
View our list of international banking tariffsFor more information, please contact your Relationship Manager or nearest Corporate Banking Centre. Alternatively, call the Foreign Services Team on 08457 55 88 88.
