Sectors Eligible for Trade Finance and FX Liquidity

Agriculture - sugar, grains, pulses and oils
Healthcare - equipment and materials
Manufacturing - equipment and materials
Industrial - equipment and materials
Energy - Gasoil, gasoline, fuel oil and petrochemicals

Trade finance tenure must cover 6 months (180 Days) to a maximum of 1 year with the option to refinance after maturity of the first lend.
The interest rate is the SOFR (Secured Overnight Financing Rate) market rate as at the time of the transaction plus 2%-3%, with a one-off processing fee of between 2%-3%.

This financing solution is suitable for clients with other bank financial obligations that have maximised credit limits and are seeking alternative financing.

How It Works.

ENQUIRY AND CONSULTATION

Please complete the form below to get our team to contact you. Please note that the information you provide will help us prepare adequately for a productive consultation call.

1

2

DUE DILIGENCE AND ONBOARDING

After consultation, thorough due diligence is carried out on your company as part of our Know-Your-Business (KYB) and Anti-Money Laundering (AML). You will be guided on which documents are required for this process.

3

TRANSACTION PROCESSING

For FX transactions, you will be onboarded to a digital platform and assigned a unique User ID, which you will use for every transaction following a clearly defined process. For trade finance, our Trade Finance Team will be on hand to support.

TURN-AROUND-TIME – For FX liquidity, it takes 24 hours to effect or complete a transaction. It is therefore prudent to ensure that clients complete the process promptly to avoid unnecessary delays. For trade finance, upon successful completion of the KYC/AML process and acceptance of the deal structure, funds are disbursed into the client's designated bank account in 14-21 days less fees.

Value to Clients.

ADVANTAGES OF OUR TRADE FINANCE AND FX LIQUIDITY SERVICE

• Access to various international currencies

• Payments made to multiple corresponding banks

• Settlement of cross-border payments in over 25 currencies

• Access to ANY amount of USD for daily business needs, unlike using banks which impose limits on daily amounts clients can access

• Rates are competitive; on par with prevailing international currency rates

• Minimum Ticket for FX: starting from $100K

• Minimum Ticket for Trade Finance: starting from $500K

• Clients who transact FX regularly receive optimised rates

• Quick turn-around-time for all transactions subject to successful completion of KYC and AML checks

• Simple structures, that facilitate additional credit to enable clients to match their cash conversion cycles

Request a Callback.

Interested in our Trade Finance and FX Liquidity solutions? Please complete this form in as much detail as possible so our team can prepare for a productive consultation with you. If you need both Trade Finance and FX Liquidity, please complete all the fields that apply.

After the consultation, you will be required to provide the following documentation for KYC (Know Your Customer) and AML (Anti Money Laundering) checks and onboarding:

FX Liquidity

• Company profile

• Certificate of Incorporation / Business Registration from the country of registration

• Up-to-date company shareholding

• Company tax certificate

• Company proof of address (Lease agreement or utility bill no older than 3 months)

• Tax certificates for only Director or any 2 directors with more than 25% shareholding

• Proof of address of only Director or any two Directors with more than 25% shareholding

• Receiving account details for USD or any other currencies required

• Any regulatory license that may apply to your sector (if any)

Trade Finance

• Company profile

• Certificate of Incorporation / Business Registration from country of business registration

• Memorandum and Articles of Association (MEMARTS)

• Up-to-date shareholding structure

• Proof of registered business address (Utility Bill, Bank Statement, Lease Agreement)

• ID of each Director and Shareholder (Front & back copy of National ID OR biometric page of passport)

• Company tax compliance documents

• Copy of tax ID of each Director & Shareholder

• Supporting documents for underlying trade transactions (E.g. LPO, contract, Invoice, shipping documents)

• Description of the trade transaction

• Any regulatory license that may apply to your sector (if any)