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Our team brings a world of expertise to importers and exporters.
- Import Documentary Collection
- Export Documentary Collection
- Post Shipment (Import) Finance & Discounting
- Export Letters of Credit Advising
- Letter of Credit Confirmation
- Discounting of Bankers Acceptances (BA)
Documentary Collection: HAB Bank offers international collection services related to import and export in accordance with the ICC Uniform Rules for Collections URC522.
Post Shipment (Import) Financing: Correspondents' of HAB Bank can take advantage of our post shipment finance or discounting facilities following mutual agreement.
Export Letters of Credit: HAB Bank works closely with the exporters in USA through its dedicated team in Manhattan. Throughout the process of advising, confirming (if needed), negotiation or discounting (if requested), HAB Bank will extend its expertise to the entire satisfaction of the exporter.
Discounting of Bankers Acceptances (BA): HAB Bank offers a discounting window to its Correspondent banks to be able to obtain liquidity against their portfolio of deferred payment export documents drawn under LCs of reputable banks. Thus, eliminating the delay in accessing the funds.
Certain restrictions apply to each of our products and services.