Our international trade specialists understand the dynamics of the global business environment and leverage our financial resources, technology, and global correspondent banking network to help you manage and build your international business.
Letters of credit
Letters of credit are versatile trade instruments used to insure international payments while reducing risk for both buyers and sellers. We provide a full range of letter of credit services, covering a variety of needs, including:
- Export letters of credit
- Import letters of credit
- Standby letters of credit
Expedite international transaction processing and lower the sale and transfer costs of goods and funds worldwide. We'll help you create direct collection instructions and drafts, request document amendments online, and accelerate delivery of shipping documents.
Open account programs
As an alternative to traditional letters of credit, open account programs managed through our TradeXchange online platform allow importers to reduce costs and increase efficiency on cross-border trade transactions. Open account trade is a win-win for importers and their suppliers because it streamlines the complete procure-to-pay transaction cycle and automates the document review and approval process.
TradeXchange online trade platform
Reduce costs and increase efficiency on letters of credit, documentary collections, and open account transactions through our industry-leading TradeXchange online trade platform, conveniently accessed through the Commercial Electronic Office® (CEO®) portal.
Best Trade Finance Bank in the United States
Best Bank Trade Services Provider 2013
Best Trade & Supply Chain Finance Bank in North America