Trade Finance
Trade Finance
Prominence Bank has a strong regional presence and an expanding global correspondent network. This footprint—built on a proven track record—creates real advantages for your cross-border transactions and cash-flow needs.
We design solutions around each client and transaction. Offerings include letters of credit (issuance, advising, confirmation), standby LCs & guarantees, documentary collections, import/export loans, pre-/post-shipment finance, and supply-chain finance. All transactions are executed under recognized ICC rules (e.g., UCP 600/URC 522/ISP98) and applicable KYC/AML requirements.
What are the Benefits of Trade Finance?
Quick access to short-term working capital for purchases, production, or shipment.
Improves cash flow so you can focus on growth targets and delivery.
Reduces risk—facilities are typically secured by goods, documents, or trade-credit insurance.
Enables cross-border trade with flexible instruments (LCs, SBLCs, collections) connecting buyers and sellers across regions.
What is Trade Finance?
Trade finance comprises banking solutions that fund and de-risk domestic and cross-border trade, bridging the gap between shipment and payment so exporters are paid and importers receive goods on agreed terms.
Using instruments such as letters of credit, standby LCs/guarantees, documentary collections, credit-insured open-account terms, and pre/post-shipment or receivables financing, it reduces payment and delivery risk while improving working capital—subject to KYC/AML and applicable ICC rules.
These parties can be involved in trade finance
Need a Bank Account?
Please do not hesitate to ask us. Please also call us or email us to make sure that you will be served with our best services.
- +44 20 8895 6493
- helpdesk@prominencebank.com