Assistance in Trade Finance Services

Our Firm shall assist the Customer with trade finance tools, techniques, and instruments that facilitate trade and protect the Customer from trade-related risks. 

The duties of our Firm, within the frame of the Trade Finance Assistance shall include: 

• reviewing, advising on and processing letters of credit, ensuring compliance with terms and conditions of credit both on Import and Export transactions; 
• collaboration with suppliers and clients of the Customer and the banks to agree on the terms of the letter of credit and bank guarantees, resolving possible discrepancies and facilitating smooth negotiations; 
• ensuring clean negotiations of export letter of credits, proactively advising for potential discrepancies and suggestions for mitigating the same; 
• negotiating cost of funding with different banks for export LCs; 
• initiating internal approvals for import/export LCs;  
• handling and processing documentary collections, ensuring accurate presentation of shipping and financial / commercial documents; 
• optimizing the interest / bank charges by carefully analyzing the available credit lines with the banks / treasury and utilizing them; 
• assessing and managing risks associated with trade, including currency exposures, forex risks, and credit risks; 
• valuation and recommendation of appropriate financing options to meet the working capital needs of the Customer; 
• staying updated on international trade regulations / INCO terms and compliance requirements;