International Trade
Domestic and cross-border trade finance solutions.
Your Complete Trade Finance Solutions.
With over 180 years as a leader in international trade finance, Scotiabank is uniquely suited to be your end-to-end supply chain financier. Our representatives in more than 55 countries and network of more than 3,000 branches enable us to provide seamless domestic and cross-border trade finance solutions. Put our first-hand knowledge, skills and local market presence to work for you and take advantage of fast and efficient global trade services.
We can establish:
- Bid Bond/Guarantee- supports the obligation to execute a contract once a customer is awarded a bid
- Performance Bond/Guarantee- for the undertaking of payment if contract terms are unfulfilled
- Advance Payment Bond/Guarantee – provides protection for an advanced payment made for a contract
- Warranty Bond/Guarantee –supports the satisfactory performance of goods and services during the warranty period
Click here for more information on Types of Guarantees
Importing
Help to reduce the risk of unfulfilled orders with Scotiabank import letters of credit.
Exporting
Supplement traditional payment methods, such as open account and cash-in-advance, with Scotiabanks export trade services.
TRADEXPRESS elite
Learn about our fully automated TRADEXPRESS elite service, which provides a full range of import letter of credit services, from application submission through to expiry, and provides all related data transactions electronically for your reports.
SBLC
Scotiabank can help by issuing a Standby Letter of Credit
on your behalf in any country where we have a local presence.