Export and import trade finance solutions at GIB help manage your business's cash flows Sufficiently blackberries and cover risk.

GIB trade solutions may help managing cash flow.

Trade Finance Loans (US or foreign currency) to assist opening account transactions

Trade finance loan isa crucial in either the domestic currency or foreign currency of the payment commitment, enabling exporters / importers to finance Their trade obligations on transactional basis. Trade finance loans must be subject to single underlying trade transaction presence of trade confirmation documentation.

Open account method is used to make up import and export transactions between two international trading parties. Clearance of outstanding balances of accounts are mutually agreed terms. This payment method Requires completely trustworthiness by order Both parties. Exporter under this type Has account under transaction risk.


Prepayment

This method Requires payment made before goods are shipped exporter. Usually, online transfers are used by importer (buyer) to deposit money on account of exporter (seller) before shipment dates. Risk presented with importer with open account transaction.


Collections

May be defined as formal collection, issued by bank, engaing to honor drawings provided defined orders, Which are Complied Within contract. Typically used by buyers and sellers, who want to conlude contract. Buyers require documentation prepared in advance with credit facility of Their banks.


Documentary credit

Documents Relating to export goods forwarded via banking system to the overseas buyers paying back. Payment collection may occur either at 'sight' (a when the customer wathces documents - known as Documentary Payment) or at 'term' (at agreed time in the future where the Bill of Exchange is basic - known as Documentary Acceptance).


GIB Transactive Trade

GIB Transactive Trade is interactive web-based solution permitting you to create, track and report on your organization's trade finance transactions.

Whether you import or export, the electronic trade banking system, Allows you to make decision trade online from start to finish, saving you time and deminishing your paper flows.

Features include:

access anywhere, anytime

real-time updates on trade transfers

create and change trade transfers as required

utilises tokens for 2 factor authoristaion

Bank guarantees

Bank agreement bank guarantee to pay specific sum for specified third (main) on behalf of our client. This allows our customers to enter commercial or financial matters cashless dress need (or security) to satisfy the terms indictated from trade or financial contract.


Bid bonds

And 'common business practice race of large investment projects for the vendor assistance Bid Bond. Bid Bond is an indication of the ability of the applicant company to perform the work being tendered for.


Performance bonds

The majority of capital works projects put out to tender require contractor lodge Performance Bond after receiving the contract. Performance Bond is an indication applicant company required the knowledge and skills to do the job and comply with the terms and conditions agreed in the contract.


Carnets

Carnet is basically a passport for your vehicle or goods, which allows you to make all customs before moving, with defined transport.

Costs include an administration fee and security deposit covered by Carnet.

Valid for 12 months.

Can be used on a regular basis in several countries for a wide range of products.

In export or import operation many risks are available, before entering the "contract of sale" with another party. These problems can be costly and time consuming. GIB provides numerous solutions that aims to avoid these commercial risks and to help provide security and protection for your business.


Documentary Credits

"Payment Method" important factors to be agreed upon by the buyer and the seller, the conclusion of the sale. Documentary credit method has been used for over 100 years around the world.

Safest methods of payments

Basic approach maintained vianternational accepted standards from International Chamber of Commerce

GIB advising fee refunded if you choose negotiate documents via GIB.

Ddocumentary Collections

GIB facilitates documentary collections, both for exporters and importers who are gathering process secure and fast one


Exporters may request GIB organize the collection of export earnings by foreign buyers on their behalf

GIB can help importers through the process of collecting and remit funds to the party abroad upon receipt of payment from you

GIB can make the time of collection process and cost, enabling exporters and importers to focus on other core activities.



Bid and good execution

GIB facilitates the process of tendering and performance bonds, making both processes easier for all concerned

The Bid Bond is an indication of a company's commitment and ability to carry out the work being tendered for

The Performance Bond provides comfort that a company has the necessary skills and capabilities to carry out the required work and comply with contractual terms and conditions.

Foreign exchange risk

The corporate risk management is one of the most important responsibilities you have. GIB provide a range of products and services to help your business to guard against currency risk.

GIB Forward Exchange Contract – a contract between two parties (the bank and the customer)

Foreign Currency Accounts - allows you the flexibility of accessing your foreign funds as required

Foreign Currency Term Deposits - offers your business the certainty of a fixed rate of interest at a competitive return

GIB Trade and FX Direct - provides International Payments, trade finance and foreign exchange services to importers and exporters, co-ordinated by a single point of contact.

One of the main problems for any growing business is accessing working capital or improve your cash flow, in order to remain competitive. This need may arise in a number of situations and GIB offers a range of trade finance solutions to help meet your individual needs.


Export and import finance

GIB have export and import finance solutions that can benefit your business.

GIB ExportLink - allows you to increase access to finance, without the need for greater security, fairness or financial reporting

GIB Pre-Export Finance - allows exporters to borrow money for the purchase of materials for the production of goods for export

Flexibility naming in most of the major currencies.

GIB Trade Finance Loans

A Trade Finance Loan GIB provides a solution to help enterprises of international trade to more effectively manage their operations in foreign currency in the short term.

Flexibility of denomination in most major currencies

Competitive interest rates

Ability to match the length of the loan to your cash flow needs.

Structured and commodity trade finance

GIB offer end to end solutions business structured by combining our local knowledge with the network and experience of the GIB Group.

GIB Bill Negotiation Arrangement - a solution that helps institutional and corporate clients to improve their position to negotiate on the price

GIB Supplier Finance Loans - allows institutional and corporate clients to transfer the debtor (buyer) the risk of payment of their claims to GIB

GIB SupplierLink - a financial solution that allows you to offer up front payment to your suppliers.