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Non Funded Loan/Trade Services

!! We provide you a wide range of trade services covering import services, export services and guarantees. We have an experience team of trade finance staff, who will work with you in a very personalized manner, to ensure you international trade finance transactions proceed faster, easier and risk-free. !!

We provide following trades services:

Letter of Credits (LC)

Import Letter of Credits

Global Bank offers inland and foreign LC’s of two types Sight LC and Usance LC. Sight LC requires immediate payment on presentation of credit compliant documents. In case of Usance LC, payment is set for a specified future date only after acceptance of presented documents.

Export Letter of Credits Advising/Negotiation

Global Bank offers you a hassle-free export LC advising and negotiation services. Under export LC negotiation we purchase of your sight bill of exchange and discounting of your usance bill of exchange. We negotiate your export bills subject to all terms and conditions under letter of credit are complied. In case of discrepancies in documents, we can negotiate under reserve by sending the documents to the LC issuing bank for approval and payment.

Guarantees

Global Banks Bank Guarantees are available to you in a rapid turn-around time. We also provide you international guarantees besides local guarantees. We have our correspondent bank in Asia, America and Europe. Our correspondent bank shall issue final international bank guarantees upon our counter guarantee. We provide below mentioned local guarantees:

  • Bid Bond Guarantees
  • Performance Bond Guarantees
  • Advance Payment Guarantees

Documentary collections

Documentary Collection offers a low-cost but secure alternative to letter of credit to trade with your business. It is easy and convenient when you have your documentary collection routed through Global Bank Limited. We offer both inward and outward documentary collection services in a very competitive pricing.

Refer to your nearest branches.

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Note: All the above forms are in PDF format. 
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