Trade Finance

This arena is one of EXL PB core skills

The life-blood of companies is their ability to trade. And it doesn’t matter how large are your assets, if you don’t have the liquidity to put funds on the table, or a financial instrument acceptable to the counterparty, then the deal will pass you by…

This is especially frustrating when you have valuable, uncommon asset classes, which are often unacceptable to other banks.

EXL PB will help you.

How? By becoming part of the EXL PB family you will be able to access the following at the click of a button:

  • Banker’s Draft (BD) This is a cheque provided by EXL PB to you that can be drawn on by another bank.
  • Letter of Credit (LC) This is issued by EXL PB on your behalf to another bank that serves as a guarantee for payment.
  • Bank Guarantee (BG) A pledge by EXL PB that if you default on a payment, then we will cover the loss.
  • Stand by Letter of Credit (SBLC) Similar to a BG, this guarantees EXL PB commitment of payment to your counterparty in the event that you default, provided that certain conditions are met beforehand.
  • Documentary Letter of Credit (DLC) This is issued by EXL PB on your behalf to another bank that serves as a guarantee for payment, only once the terms specified in the DLC are completely fulfilled.

Alternatively, you may be seeking to generate liquidity from an existing asset (monetize it), such as:

  • Medium Term Note (MTN), BD, LC, BG, SBLC, DLC
  • Tangible assets (such as real estate, precious, semi-precious stones and metals and valuable artefacts). In this instance, a viable valuation from a third party will be required.

In such monetization cases a Financial Surety Bond may be required, but this is something that we can organize for you.

EXL PB helps you meet your financing needs through our innovative tools, platform and methods.

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