HOLD FUNDS IN FOREIGN CURRENCY
SEND AND RECEIVE MONEY & GET REWARDED
AGREE TO STANDING INSTRUCTIONS & GET REWARDED
Imports and exports
Open account payments
Ideal for longstanding trading relationships with parties you trust.
When exporting, advance payments are an inexpensive way to trade and it offers you the safety of receiving payment before dispatching the goods.
Trade-related payment methods
Documentary Credit (Letters of Credit), Foreign Bills for Collection and Guarantees.
Customer Foreign Currency Accounts (CFC) and Forward Exchange Contracts
Apply for new Letter of Credit applications as well as view or amend existing applications via Business Online Banking.
We offer guidance on selecting Incoterms® rules online. (Incoterms® rules are used to communicate tasks, costs and risks associated with the transportation and delivery of goods.)