UOB Trade Finance & Services deliver comprehensive solutions to companies engaged in international and domestic trade transactions. We offer a suite of trade finance solutions including Letters Of Credit, Documentary Collections, Banker's Guarantees, Standby Letters Of Credit and Open Account transactions.
You can obtain working capital financing on any underlying trade transaction. Where exporters undertake risks such as sovereign, cross-border and commercial risks, UOB’s extension of adding confirmation to your Export Letter of Credit will help you mitigate the risks of dealing with less familiar counterparties, financial institutions or higher risk countries. With the assurance of payment upon your fulfilment of underlying trade transaction and documentary requirements, you will now have the confidence to expand to new markets and focus on growing your business.
UOB can further enhance acceptability of your business propositions and financial obligations by our issuance of Banker's Guarantees or Standby Letters of Credit to back up your financial and performance obligations between your good company and your counterparty.