At SCB we understand that trade finance clients come from various backgrounds with different needs.
Get StartedThe instruments that clients require can be differentiated in their instrument size, instrument duration, payment structure, rating of issuing or advising bank and the relationship the client maintains with their banks.
We are also aware that the arena of Trade Finance can be complicated for clients who are more focused in their manufacturing/commodities/etc business. In turn SCB also works with appointed brokers and representatives of those clients to best arrive at a dynamic solution. Ultimately, SCB always maintains a client-focused vision to arrive and provide the best solution for the client.
All Letters of Credit issued/advised by SCB follow the rules pursuant to UCP 600, URDG 758 or ISP 98. SCB does not advise or issue instruments that do not meet the regulations in the codes advised above.
SCB Trade Finance division focuses to provide clients with the best solution to their unique needs. This involves providing issuance of, but not limited to, the following:
is a type of financial backstop offered by a lending institution. The bank guarantee means that the lender will ensure that the liabilities of a debtor will be met.
is a type of letter of credit in which the payment is required to be made on the date of maturity in accordance with the terms of credit.
is a legal document that guarantees a bank's commitment of payment to a seller in the event that the buyer–or the bank's client–defaults on the agreement.
Soleil Chartered Bank is proud to offer its banking network and relationship to its esteemed clients. Having built solid correspondent banking relationships and an international community, SCB is able to offer many avenues for its clients.
All Letters of Credit issued/advised by SCB follow the rules pursuant to UCP 600, URDG 758 or ISP 98. SCB does not advise or issue instruments that do not meet the regulations in the codes advised above.
***There are cases where others have pretended to represent and issue instruments in the name of SCB. SCB is not responsible for these issuances and bears no responsibility for those that are not authorized directly from SCB. Clients are urged to verify the authenticity of any documentation before paying fees/commissions. SCB is not responsible for any fees/commissions not paid directly to SCB. If you suspect fraudulent activity please contact us immediately.***
