Trade Finance

If you intend to conduct or are already conducting cross-border business, including importing/exporting and/or undertaking overseas projects, Trade Finance services can facilitate these activities efficiently. Bank of Sydney provides a range of relevant services.

There are a number of trade risks involved with dealing overseas, including and not limited to the following:

• Payment risks: eg. “How do I get paid?”
• Delivery risks: eg. “Will I receive the goods/services I ordered?”
• Performance risks: eg. “Will the Supplier produce the goods/services I ordered?”
• Foreign exchange risks: eg. “How do I manage a foreign exchange risk?”
• Cross border and country risks: eg. “How do I manage sovereign risk?”

Trade Finance helps businesses manage the cash flow and payment risk associated with buying and selling goods – locally and internationally. Whether you need to pay domestic or international suppliers for stock, Trade Finance can provide the working capital and risk mitigation solutions needed to support business.

How Trade Finance works: Business purchases goods → supplier requires payment → Bank of Sydney provides Trade Finance → goods delivered or supplied → client sells goods → business repays Trade Finance facility.

The benefits of Trade Finance solutions include:

• Trade Finance facility helps you smooth out the cash flow fluctuations in your business and improve liquidity.
• Tailored short-term working capital facility aligned to your business cash conversion cycle.
• Ability to pay suppliers early if required or offer extended credit terms to buyers.
• Manage supplier payment terms and reduce trade risks.
• The ability to free or unlock the funds tied up in debtor receivables
• Access to a dedicated local trade finance relationship manager, ensuring your support through the entire transaction.

We have a suite of Trade Finance services available for Importers and Exporters including but not limited to:

• Pre and post shipment financing (Trade finance loans) Whether you're buying or selling goods, trade finance helps bridge the gap and provides valuable working capital for your business.
• Irrevocable Letters of Credit (Export and Import)
• Documentary Import and Export Collection services
• Export Confirmation capability.
• Bank Guarantee Facilities.

Please email us at au-tradefinance@banksyd.com.au.

Industries that benefit from Trade Finance include:

• Manufacturers
• Wholesalers
• Distributors
• Importers and Exporters