Trade
At Commercial Bank, you can benefit from a complete range of products and solutions that integrate liquidity, trade financing, foreign exchange, and services to fully address all your Trade Finance and transaction requirements.
Online Trade Portal
The Corporate Trade Portal offers a smooth and intuitive user experience. It allows you to request Letters of Credit, Letters of Guarantee, and Acceptances of Bills and Claims with ease. Additionally, you can submit Trade Refinance applications online. The portal also enables you to generate both customized and standard reports to fulfill your MIS requirements.
Guarantees
We issue as well as advise wide range of Guarantees and Standbys, covering both your local and international needs. This includes Tender Guarantees, Advance Payment Guarantees, Performance Guarantees, Payment Guarantees, Retention Money Guarantees, and more. We also offer shipping guarantees and co-sign goods release indemnities/delivery orders to help you get the possession of goods arriving prior to the receipt of Title / Transport documents
Letters of Credit
We issue, advise on, transfer, and confirm both Documentary Credits and Standby Credits, both locally and internationally. Our services ensure that your credits are handled efficiently and securely, offering reliable support for your documentary trade needs. Our all-encompassing approach helps you to streamline and enhance your business requirements.
Documentary Collection
We manage the documentary collections – both available by payments and acceptance for both sellers and buyers. Additionally, we provide avalisation - co acceptance -services to enhance the security and reliability of the collection trade.
Funding for Trade
We offer credit facilities for Letters of Credit (LC), Collection Bills, and Open Account transactions ie fund the payment. Additionally, prepayment options are available for accepted LC Bills, avalised collection bills, and approved invoices for Open Account transactions. We also offer prepayment facilities in the form of Usance Payable At Sight (UPAS)
Trade Advisory
We offer specialized consultancy, trade expertise and professional support to customize our trade finance solutions, to suit your needs, focusing on optimizing risk management and mitigation at competitive rates. By integrating a range of instruments, services, and products, we could develop tailored structure that meet your unique needs.
Training
Our experienced and knowledgeable officials provide tailored advice and training on various aspects of trade products and services. This expert guidance is aimed at helping you navigate intricate trade requirements, enabling you to make informed decisions and enhance your risk mitigation in a more efficient way.
Door to door service
Our Corporate Premium services offer comprehensive door-to-door trade support, including the collection and delivery of documents and instructions. This ensures a seamless and efficient handling of your trade transactions from start to finish, providing added convenience and reliability for your business operations.
Track your transactions
Our "Track Your Transactions" feature offers real-time visibility into your trade activities, enabling you to efficiently monitor and manage your transactions. With this tool, you can effortlessly track the progress of your trade operations from start to finish, ensuring transparency and control over your financial activities. Designed to improve your trade experience, this feature helps you stay informed and make timely decisions to meet your business needs