Business Banking

Trade Finance

Whether you are conducting business locally or overseas, we offer you the best choice of Trade Finance products and services to drive your business further. Our professional team of specialists will assist you on matters related to Trade Financing for your business, as well as meeting international trading requirements. We understand every business is unique and we are able to offer your business with products and services that best suit your needs. 

Key Features and Benefits

  • Secure your contractual obligations
  • Mitigates international payment risk
  • Reduce the risk on non-delivery of goods
  • Meets requirement for commercial contracts
  • Facilitates access to cash flow and helps increase sales for contractual parties

Solution and Offerings

Importing and Exporting can be complicated and complex in building your business.
With Prince Bank, we can help you by providing the best solutions for both Importers and Exporters.

Trade Finance Service Offers

  • Letter of Credit (LC) - payment assurance to your supplier, facilitating payment arrangements.
  • Bank Guarantee (BG)/ Standby Letter of Credit (SBLC) - undertaking to pay the beneficiary if the applicant failed to fulfill their obligations either financial or performance of the contract.
  • Shipping Guarantee - issuance of offer letters on behalf of the importer (buyer) to assure the shipping company of damages, loss, or risking goods released without original transport documents to the importer or buyer. 
  • Documentary Collection (DC) - helps in facilitating smooth documentary collections and payments for your importers/exporters.
  • Trade Finance Loan (TFL) - a loan to provide working capital to support your cash flow improvement ensuring financial stability.

Special Offer for Trade Finance Facility

Exclusive offer for revolving Trade Finance Facilities that are designed to support a wide range of financial instruments, including Bank Guarantee (BG), Standby Letter of Credit (SBLC), Letter of Credit (LC), Guarantee Under Import LC (SG), and Trade Finance Loan (TFL). These facilities are designed to provide you with the financial support you need to meet your business requirements.

  • Offer up to 100% of the Property Value
  • Offer up to 120% of the Term Deposit Pledged
  • Attractive Interest Rate and/or Commission
  • Negotiable on Approval Fee/Renewal Fee
  • No Commitment Fees. 
  • With or Without Collateral.

To Know More

Contact us now at 1800 20 8888 or visit any nearest Prince Bank branch.

 CLICK HERE for details T&C.