Trade Finance

Expert, efficient, personal
Facilitating international trade has always been a core mission of GHIB. Over 50 years we’ve built up impressive expertise and an extensive range of connections. We use these assets to help you minimise risk and complete transactions with one of the fastest turn-arounds in our industry. Typically, we complete transactions in 1.5 days or less.

We maintain strong market intelligence networks in Ghana at the highest levels. Our sources keep us well informed of any issues that may affect our clients’ trading and ensure that our pricing is always competitive.

You deal regularly with the same people who get to know you and your business. By understanding your needs we’re able to offer superior service.

Comprehensive range of services
Our portfolio spans the full range of trade finance services including:
· Documentary letters of credit
· Collections
· Bonds and guarantees
· Bank-to-bank reimbursements.

More information
Contact our International Trade Finance team:
Ph +44 (0)20 7653 0350
Email ITF.Dept@ghanabank.co.uk

Download Letter Of Credit application form

Documentary letters of credit
Our services include:
· Acceptance
· Deferred payments
· Negotiable instruments
· Red Clause, Green Clause, Advance Payments
· Standby
· Transferable payments.

Our extensive network of first class correspondent banks based in all the world’s major financial centres helps ensure seamless and efficient transactions.

By adding our confirmation we can take on the risks that your customers or suppliers may perceive in doing business with you. This can help cut the costs and facilitate transactions where other parties would otherwise involve their own bank or another major global institution.

Collections
We offer both Documentary and Financial collections.

We can offer attractive financial packages, particularly for Documentary collections with reputable and creditworthy counterparties. We may even be able to arrange for you to receive payment ahead of the buyer’s settlement to help you maintain cash flow when the terms of a transaction specify deferred payment.

Bonds and guarantees
Our services include:
· Bid bonds
· Performance bonds
· Advanced payment bonds
· Customs bonds. 

Bank-to-bank reimbursements
GHIB offers a range of creative, without-recourse international trade solutions including: Discounting Proceeds of Deferred Documentary Letters of Credit
· Discounting acceptable bank or trade bills
· Forfaiting.

These solutions eliminate cross-border risk for you and your supplier or customer and help you maintain liquidity.