FI Trade Structured Solutions
Versatile solutions that meet your needs.
Features:
- Tailor-made risk mitigated solutions.
- Specific to international market needs.
- Offers short-term financing/refinancing.
- Customer-centric with a focus on improving the cash cycle.
- Enhanced trade flows in international regions.
Solutions:
- Export Letter of Credit Confirmation.
- Letter of Guarantees against counter guarantee.
- Export UPAS LC.
- Export UPASU LC.
- Irrevocable Reimbursement Financing.
- Other Structured Trade Solutions/Advisory.
Export Letter of Credit Confirmation
LC Confirmation from the most trusted bank in the region. An undertaking given by us to your suppliers mitigating counterparty bank and country risk when doing cross-border trade. This will additionally help the suppliers to reach new markets and grow existing business potential.
Letter of Guarantee against Counter Guarantee
We are glad to be a preferred issuing bank for guarantee instrument by both governmental and private sector in KSA with highly competitive pricing. An undertaking issued by us for payment against non-performance by a party under the contract. It helps to negotiate better contract terms and secure upfront payments as the non-performance is secured via a non-financial guarantee.
Irrevocable Reimbursement Undertaking (IRU)
An independent issuance of undertaking by the Reimbursing bank to LC Confirming bank, which allows LC Confirming bank to mitigate the non-payment risk of LC Issuing Bank and substitute this risk with Reimbursing bank. An ideal solution which benefits exporters and enhances their reach to emerging market countries.
Trade Corridors
Require facilitation in flow business?
Strong network of correspondent banks allows us to facilitate customer trade flows from East of Asia to West of Africa.
KSA Project Guarantees
Choice of Bank for your bonding requirements
We act as No. 1 Choice of Banks in capturing project bonding requirements for foreign contractors in KSA. Our wide and extensive wholesale banking relationship, works closely with all Govt / Private sector entities.
Robust Collaboration With ECAs/Risk Insurance
Are you looking for a strong partner in emerging markets?
Our capacity to undertake emerging market risk has grown substantially by holding hands with large and global risk insurance providers / ECAs.
Structured Solutions
Mitigating risk is challenging?
Our strong and diversified team of specialists in FI Trade, deliver risk mitigating solutions with highly competitive pricing.
Professional Consultations and Support:
TradeSales@bsf.sa
