Trade Solutions
Reducing your trade risks
Rabobank helps you to improve management of your international supply chains with a full range of integrated cross-border trade management solutions. At a time of heightened credit risk, you can use Rabobank’s balance sheet strength and relationship banking approach to reduce your trade risks.
We work with you to improve the management of your international supply chains through an integrated range of trade solutions, backed by our versatile technology platform. By developing strategic relationships with our clients, we help them to use our full resources to limit your trade risks and reassure your trading partners.
Our trade experts, online trading modules, extensive range of products and services, and balance sheet strength enable you to increase the efficiency of your supply chain.
We give you expert advice about trade issues, put you in control of your operations and streamline your trade finance. You can also have the comfort of using our balance sheet strength to guard against non-payment.
Import/export solutions
The trade instruments described below can help you to reduce the risk in your supply chain and improve cash flow.
Trade Services
Through Rabo Trade Access – as part of the Rabo Financial Logistics Portal - you gain full visibility into your supply chain. You can deliver, authorise, modify and view transactions – monitoring the progress of goods through stages of the supply chain. The portal’s full range of solutions makes managing transactions faster and easier. Templates improve your efficiency. Additionally, electronic delivery and built-in control mechanisms minimise the number of errors.
How do you export goods to a distant country and ensure payment by the purchaser? What do you do if you are about to import goods and your supplier requires a form of security. In such cases a letter of credit is your solution. The exporter will be paid for goods shipped/services rendered only upon presentation of documents that have been pre-described in a letter of credit. Once it has issued a letter of credit, the importer's bank then acts as guarantor for payment. Payment that rests on a letter of credit depends on the documents presented at the bank and not on the quality of the goods delivered or the services rendered.
Would you like to make sure that your foreign customers pay for the goods before they are entitled to them? Or are you an importer unwilling to tie up your liquid assets? Then documentary collection is your solution. Here’s how it works: the exporter, upon shipment, presents the relevant documents to their bank. That bank then sends the documents to the importer's bank which in turn contacts the importer. In order to receive the documents that represent the goods, the importer must initiate payment. In this way, both parties are assured that a transaction will be completed satisfactorily.
A bank guarantee, also known as a bond, obligates the bank to pay a sum of money if applicants fail to fulfill their obligations. The beneficiary may claim the guarantee by presenting copies of unpaid invoices and or other documents relating to the transaction. There are many different kinds of guarantees such as; advance payment guarantees, performance bonds, maintenance bonds, etc.
