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.
