At United Bank UK we take a consultative, personalised, boutique approach to Trade Finance. We are committed to understanding your needs and responding quickly to all requests for letters of credit.
When it comes to Trade Finance, we know that time is of the essence. That’s why we handle your documentary business with efficiency and speed. Checking and processing credit documents within a reasonable timeline, rest assured you will receive the support and information you need to advance your trade venture.
On the import side, we establish letters of credit and issue guarantees on our customers’ behalf. If you are looking to import goods from around the world or bid for contracts in key industries – for example, defence or construction – we will provide the performance bonds you need to confirm your financial credentials. We also offer an inward documentary collections service and can open import letters of credit in GBP as well as foreign currencies. Our staff will be happy to speak with you, so please do not hesitate to get in touch.
On the export side, United Bank UK has a unique appetite for, and understanding of, emerging market business – particularly for small and medium-sized businesses. With presence and expertise in countries like Ghana, Nigeria, Bangladesh and Pakistan, we can help you export to emerging markets and do business more easily and efficiently in these areas. We have excellent working relationships with many overseas financial institutions, and can quickly resolve any issue relating to your payments, correspondence and other documentary credit related matters.
By confirming letters of credit and processing export documentation, we’ll help initiate your trading relationship with overseas banks, buyers and markets. We can also hedge your venture against the risk of non-payment, and can discount bills under letters of credit to ensure you get paid immediately upon presentation of compliant documents. Other key export services include:
We are now members of the International Trade and Forfaiting Association (ITFA) and very active in the forfaiting market, for both primary and secondary. Please feel free to contact us regarding any forfaiting opportunities you may have.
UBL are also active in the Syndicated Loan market, participating in both Primary and Secondary markets.
For more information, contact :
David Locking, Head of Institutional Banking, David.Locking@ubluk.com or +44 (0)20 3326 9965
Sunita Mehta, Manager, FI & Trade , email@example.com or +44 (0)207 290 8078