With a wide network of branches spanning across all time zones, we cater to the needs and requirements of Offshore as well as onshore clientele. SBI’s international presence is supplemented by a group of Overseas and domestic branches in India and correspondent links with leading banks of the world. SBI offers the trusted financial solution to all your complex Trade finance related fund needs (both in Bahraini Dinar and foreign currencies)
The gamut of our services includes the following:
Letter of Credit: SBI offers Letters of Credit to facilitate your purchase of goods in trading operations, both domestic and international. Backed by SBI’s strong reputation, you will be able to build better trust in trade and forge business relationships faster. The bank’s vast network of branches and correspondent banks enables your enterprise to sustain a seamless flow of business on a wide platform.
Import Loan: Import Loans available to pay for the goods imported under LC of for direct payments (on production of commercial invoice and B/L). The goods are usually released on a Trust Receipt (TR). This is a working capital limit and is usually for a specific period as sanctioned by the Bank.
Export Bill Negotiation under LC : We offer bills discounting facility for accepted bills drawn under LCs of first class banks of India and selected foreign/domestic banks. The discounting rate is competitive and the process flow is simple.
Non LC export bills collection / negotiation: We offer bills discounting facility for export bills as a part of company’s overall working capital requirement.
Bank Guarantees: Through our financial and performance guarantees the creditworthiness, or the business capacity of the client is guaranteed. We have products like Bid Bonds/Tender Bonds/Financial Guarantees/Performance Guarantees to cater the need of our trade clientele.
For Trade related queries, our esteemed customers can contact us vide email to firstname.lastname@example.org or call +973-17548033 (Ext.253/214)