Letters of Credit
At Coronation, our expertise in the local and international markets provides our clients with trade advisory services to guide them on the best options for their letter of credit. With our network of correspondent banks in key regions across the globe, we provide security and transparency in the flow of documents and funds which reflects our commitment to ensuring payment on your letter of credits are made promptly your supplier.
Benefits
We offer various types of Letter of credit requests including Cash backed LC, Unconfirmed LC, Confirmed LC, Back to Back LC, Standby Letter of Credit, Transferrable LC.
Other International Trade Products
Bills for Collection
At Coronation, we pride ourselves in our efficient process of handling regulatory forms for collections and payments to suppliers. With our structured trade products, we can assume your risk through bills avalization and bills refinancing to help you bridge your trade cycle financing gap. Our trade team possess a rich experience in documents handling and thus, ensures efficient and timely acceptance of your bill of exchange and payments to suppliers.
Structured Finance
Our structured finance products are designed to provide liquidity and bespoke solutions to help our clients match each trade transaction cycle in a manner that improve business volumes and eases cashflows constraints. Our flexibility, expertise and deep understanding of the international market allows us simplify the most complex trade transactions and in turn, create wealth and value for our clients.