Wing Bank understands the pivotal role international trade plays in economic growth and business expansion. Our Trade Finance services are designed to support your business with secure, customized solutions that facilitate both imports and exports with confidence.

 

Key Benefits

  • • Secure and reliable payment mechanisms
  • • Enhanced confidence in cross-border transactions
  • • Working capital support tailored to trade cycles
  • • Flexible structuring to suit your commercial agreements

Key Benefits

  • Secure and reliable payment mechanisms
  • Enhanced confidence in cross-border transactions
  • Working capital support tailored to trade cycles
  • Flexible structuring to suit your commercial agreements

 

We provide a comprehensive suite of trade finance instruments tailored to match your business needs:

 

Letter of Credit (LC)

  • Import LC: For paying foreign suppliers securely.
  • Export LC: For ensuring timely receipt of payments from international buyers.

 

Trust Receipt Loan (TR)

Short-term financing where Wing Bank legally owns the goods and releases them to the buyer under trust, enabling immediate resale and repayment.

 

Bank Guarantee

Ensures payment in case of default on contractual obligations. Wing Bank offers all types of guarantees, including:

  • Bid/Tender Guarantee
  • Performance Guarantee
  • Advance Payment Guarantee
  • Warranty Guarantee
  • Payment Guarantee
  • Standby Letter of Credit (SBLC)

 

Documentary Collection (Inward/Outward)

Wing Bank acts as the seller’s bank to send documents and collection instructions, or acts as the buyer’s bank to release documents under the following conditions:

  • Documents Against Payment (D/P): Buyer must pay before receiving documents.
  • Documents Against Acceptance (D/A): Buyer accepts bill of exchange and pays on agreed date.

 

Structure Trade Finance Loan

A short-term, working capital loan for importers/exporters to fund specific trade transactions, backed by appropriate trade documents. Available for both pre- and post-shipment needs.

 

Application forms

 

Application for Bank Guarantee 

Application for Letter of Credit

Application for Documentary Collection

How to Apply

 

For more information or to get started with Wing Bank’s Trade Finance solutions: