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.