 |
|
Trade FinanceDZ BANK offers its customers abroad traditional short-term commercial business products within the scope of "Trade Finance", short-term trade financing and general purpose facilities.
Short-term commercial transactions
 | L/C cover |
| L/C follow-up financing |
| L/C advances |
| Reimbursement protection commitments |
| Guarantees |
| Collection |
| Forfaiting |
Short-term trade financing
This is understood as short-term financing in connection with commercial transactions. As a rule, reference is made in the documentation to the individual commercial transactions. However, this is not compulsory. The term amounts to no more than 1 year as a rule.
DZ BANK maintains – above all also in its function as central cooperative bank – correspondent bank relationships world-wide with a number of institutions in industrial countries and emerging markets. It has mostly long-standing contacts to our contacts in the foreign banks, but also to companies and institutions which are frequently supported by our local presence via our foreign branches or representative offices.
Adequate internal credit lines under which the transactions can be recorded as well as standardised loan agreement documentation with numerous international banks secure the efficient and rapid processing of the loans.
|
|
|
