Trade Finance

We undertake advising of LC’s issued by reputed Indian and International Banks to beneficiaries located in South Africa and other parts of the World.‭ ‬LCs are advised directly to the beneficiaries anywhere in South Africa or to their bankers.‭

For LC Advising Enquiry and Support Desks do call us on‭ ‬0027‭ ‬11‭ ‬778‭ ‬4512‭ ‬or‭ ‬778‭ ‬4500‭ ‬Extension‭ ‬4512‭

Confirmation by SBI South Africa‭ ‬reduces significantly the Credit Risk for Beneficiary and their Bankers.‭ ‬We add our confirmation to LCs issued by branches of SBI and other reputed Banks at a nominal charge.‭ ‬For enquiries do call our us on‭ ‬0027‭ ‬11‭ ‬778‭ ‬4512‭ ‬or‭ ‬778‭ ‬4500‭ ‬Extension‭ ‬4512

We handle Transferable LCs against the original LC received by the beneficiary.‭ ‬The beneficiary can make partial‭ or‭ full‭ transfer to the‭ ‬2nd beneficiary through our bank.‭

Transferable LCs issued by reputed Banks is transferred by us to‎ ‏2nd beneficiary and can be negotiated under the security of Master LC or Standby LCs issued by reputed Banks subject to credit arrangement. For enquiries do call our us on‭ ‬0027‭ ‬11‭ ‬778‭ ‬4512‭ ‬or‭ ‬778‭ ‬4500‭ ‬Extension‭ ‬4512