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Trade Finance Products
Even the simplest transaction poses a risk. Buy a dozen eggs with one that's broken, and you are down more than 8%.
When the transaction spans an ocean, a continent or both, the risks are greater, and chances are you're not buying just a dozen eggs.
The principle is clear: only do business with people you know in countries with solid governments that have stable currencies. Unfortunately, your brother-in-law in Manitoba doesn't need a boatload of textiles.
The solution is clear. It's called experience, and you can find it in the International Division of City National Bank along with responsiveness, ingenuity, energy and expertise.
And convenience. With City National Bank's Online Letters of Credit Service your company can keep pace with the speed of international business from your Internet-ready computer. Fast online preparation, electronic notifications, real-time reports and comprehensive transaction histories are just a few of the benefits you'll enjoy as you execute or view:
- Applications for Import Letters of Credit
- Applications for Standby Letters of Credit
- Amendments to Import Letters of Credit
- Amendments to Standby Letters of Credit
- Copies of Export Letter of Credit Advices
From customized application templates to online confirmations and advices, City National's Online Letters of Credit Service is designed to streamline your operations and boost productivity. You'll enjoy quick access to the actual text of your issued letters of credit, amendments and correspondence, including all negotiation and debit/credit notices. And you can submit real-time, online applications anytime, day or night.
From importing metals, to exporting motherboards or acting as a middleman/trading company, the Foreign Trade Bankers at City National know how to reduce your risk, expedite your transactions and find you funding all around the world. Scroll down to find out how we do it.
Getting Started
Our capabilities are extensive. We invite you to put them to the test. To learn more about our International Banking services, contact us or call (888) 488-9700.
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