Financing Trade flows and managing Trade Risk.
To maximize your company's international trade opportunities, it is important to align yourself with a strategic global partner that can help you achieve your business goals.
BankMed is one of the leading banks with an extensive network of branches
and correspondent banks that stretch across the globe. As an applicant for a Letter of Credit you will be able to track its progress right up till the actual issuance upon which a copy of the swift message is electronically sent to you.
BankMed has the market coverage, technology and expertise to streamline a mix of products and access channels to help you attain your goals.
To find out how BankMed can help you conduct your trade activities locally and internationally contact your Relationship Manager (RM) or inquire on line.
In an exporting or importing transaction there are several risks that should be thoroughly scrutinized before signing a contract with a third party. BankMed offers the solutions that mitigate the associated trade risks and offer protection to your business.
The risks you want to evade:
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Payment Risk : The risk that payments are not received from the buyer or their bank.
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Delivery Risk : The risk that the buyer does not obtain delivery of the goods after effecting payment to the seller.
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Performance Risk : The risk that either the buyer or the seller in a contract may not perform their obligations.
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| Foreign Exchange Risk : The risk of fluctuations in the exchange rates between the signing of the contract and the delivery date. |
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| BankMed can help you mitigate the above risks through the issuance of the following Trade Risk Instruments : |
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Bank Guarantees |
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Standby Letters of Credit |
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Documentary Credits - Sight or Acceptance |
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Performance Bonds |
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Forward Exchange Contracts |
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Foreign Currency Options |
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