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Products Suite

  • Establishment of import letters of credit denominated in all major foreign currencies.
  • Negotiation, Collection, Confirmation Discounting of LC Bills.
  • Negotiation and Collection of clean / documentary bills / instruments drawn on any centre in the world and denominated in any of the major international currencies
  • Issue of Guarantees, Bid / Performance Bonds.
  • Forex Dealing in all major currencies.
  • Money market operations. Acceptance of overnight placements and Deposits at call and for longer tenors at competitive rates.
  • Deposit accounts of all types of Institutions, Close Corporations, Companies and Individuals.
  • Syndicated and other loans both in ZAR and other major foreign currencies covering short, medium and long term requirements.
  • Remittances in Rupee and other foreign currencies.
  • Assist Non-Resident Indians to open accounts with the branches of SBI and other banks in India.
  • Credit / Status reports and trade information relating to entities based in South Africa for our Indian Clients
    and that relating to entities based in India for our South African Clients.
  • Arranging foreign lines of credit to finance import of capital goods by Indian companies.
  • Online banking.
  • ATM Debit cards.