There are a number of issues of risk you must consider before entering into a "contract of sale" with another hand, while you are doing an export or import of the transaction.
These problems can be time consuming and expensive. GIB proposes a series of decisions that aim to soften the business risks and help ensure the guarantee and protection for your business.
Documentary Credits
The "payment method" is one of the most important factors that must be considered by the buyer and seller, during the negotiation of a contract of sale. The method documentary credit has been applied around the world for over a century.
One of the methods of guaranteed refunds
Approach kept constant through accepted norms of the International Chamber of Commerce
GIB advisory fee to be refunded, if you decided to negotiate the documents through GIB.
Documentary Collections
GIB improves documentary collections, both for importers and exporters leading the process of picking a safe and comfortable.
Exporters may request GIB administer the collection of export taxes from foreign buyers on their behalf.
GIB can help importers through the collection procedure, and send money to businesses abroad upon receipt of payment from you.
GIB can make the time of collection proceedings and profitable, allowing exporters and importers to focus on other important tasks.
Bid and Performance bonds
GIB improves the bidding process and performance bond, allowing both processes easier for all concerned.
The Bid Bond is a flag of commitment and ability of a company to do the work being tendered for.
The performance bond guarantees the comfort that a company has the skills and abilities that need to perform the required work and meet the contractual conditions.
Foreign exchange risk
Administer your business threats is one of the most important commitments you have. GIB provides a range of products and services to protect your business from failures exchange.
Foreign Currency Accounts a contract amid two parties (the bank and the customer)
Foreign Currency Accounts - enables you the comfort of accessing your foreign funds as necessary.
Foreign Currency Term Deposits - proposes your business the feasibility of a fixed rate of interest at a competitive yield.
GIB Trade and FX Direct - enables International Payments, trade finance and foreign exchange transactions to exporters and importers, co-ordinated by a definite point of contact.
|