Trade Finance Solutions for your business

Trade Finance

UGT Bank Ltd offers a wide range of Structured Trade Finance Solutions to its Global Clients assisting them in mitigating risks associated with Global Trade Exposures. We also provide Trade Instruments allowing our clients to bridge their working capital requirements.

Guarantees

Financial guarantees are key part of international trade. UGT Bank being trusted partner helps in facilitating financial transactions.

Investments

UGT Bank Ltd offers long term and short term working capital finance with instruments like LC , Trade Guarantee , Capex Finance. We have relationships with AAA rated insurance companies for securing the credit .The credit lines are offered after an extensive KYC and Financial strength check at our end .

Trade Finance:

Letter of Credit : A Letter of Credit is a very important method of payment in international trade. It is specially important in trade where the buyer and seller may not know each other personally and where the buyer and seller are based in different countries having different trading customs.

Standby Letter of Credit : A standby letter of credit helps facilitate international trade specially where the buyer and seller do not know each other and have different laws and regulations. A standby letter of credit is issued on request of client. A SBLC guarantees payment for goods or services as specified by an agreement.

Guarantees : A financial guarantee or a bank guarantee helps create trust between the seller and buyer. A guarantee is issued by a financial institution or bank on request.