Our wide network of correspondent banks in more than 150 countries enables us to facilitate international financial business between banks in the local and international markets. We aim to provide cross-border services seamlessly to our customers in a range of services.
On your behalf we deal in Forex (Spot, Forward and Swaps) and Money Market contracts.
Issuance and confirmation of letters of credit, provide Inward and Outward guarantees, negotiate trade finance contracts, provide Post Import Finance facilities, conduct Irreversible reimbursement undertaking and Risk Participation.
The Vostro account is a local account, established in a foreign country for holding that country’s currency for foreign entities.
