Corporates & Institutions

About Trade Finance

Trade Finance

A simple payment order is the most common method of settling accounts in import and export transactions. International trade, however, presents its own set of risks when it comes to clearing accounts.Read more

Documentary collections

The seller's bank acts as an intermediary between the seller and the buyer's bank, but banks have no obligation to effect payment.Read more

Documentary credits

A Documentary Credit is an undertaking by the issuing bank on instructions from the buyer to pay the seller at sight or at a fixed date in the future a specified sum of money within a prescribed time limit.Read more

Guarantees

A bank guarantee is an instrument that can be used by business partners to strengthen their contractual commitments.Read more

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Location: Riga
Telephone: +371 7215634