The world's local bank

Internet Trade Services

With the increased demands in trade, we understand the importance of providing you with efficient and effective tools to manage your trade business. Which is why we have developed Internet Trade Services, an Internet-based system that allows you to initiate trade transactions and enquire on your facilities in addition to your outstanding Documentary Credits (DCs) and collections.

With Internet Trade Services, you can apply for issuing DCs, transfer DCs and access an electronic copy of your DC online. You can also arrange bill settlement instructions and enquire on your trade account status all online, from anywhere, at any time.

The tools available through Internet Trade Services include:

Account information
This tool allows you to work with applicants / beneficiaries to be used when creating a DC application. It allows you to: view, change, delete, create, save and discard applicant and beneficiary details.
Authorisation
Lets you to authorise transactions that exceed the agreed transaction limits of the User who initiated the instruction.
Clauses
This allows you to create, view and maintain a variety of clause lists that are used in conjunction with DC applications.
Creating a DC Amendment
This enables you to request an amendment to a DC that has been issued by the Bank. If you have sufficient authority to process the transaction, the DC amendment will be sent to the Bank for processing.
Creating a DC Application is now even easier
You can now create a new DC document or amend an existing one using pre-defined clauses.
DC transfer
This allows the user to apply for the transfer of an export DC.
Facilities
Enables you to view the current utilisations and availability on your existing trade facilities.
Importing Bill Instructions
Allows you to view the summary of import bills that are awaiting further instruction from you.
Searching
Various information.
Settlement Instructions
Offers a variety of different ways to settle transactions.
Templates
Enables you to create a new template. You may save the template for use with future DC applications saving you the effort of having to do it again.

Should you have any questions?

Call us on: ( + 421 2 ) 58 264 103

Helpful Information:

Table of Fees for Corporate clients (valid from February 1st, 2010) (PDF, 125KB)