Trade Services

Today, Commerzbank is Germany’s leading trade finance bank – the exporters’ partner of choice with a global network of correspondent banks. We are primarily a relationship-driven Bank, and our focus is on developing trade solutions to the mutual benefit of all involved parties.

What we offer

  • LCs are processed within 24 hours (confirmed LCs subject to credit limits)
  • Processing of LC business 18 hours per day, five working days a week in three dedicated trade processing centres in Europe and Asia
  • 70% of export markets covered by our local presence

Documentary collection

It’s a common scenario: Your customers ask you for a cheaper way of handling their international business, as they have already known the other party for quite a while. The importing country of the drawee fulfils certain criteria. Nevertheless, your customers do not want to do the business on an open account basis.

Documentary collection might be a good solution for your customer. It provides more security than selling on open account, but not as much as documentary credit.

It is important to choose the right partner for this solution. Commerzbank offers all kinds of collection services such as documents against payment and documents against acceptance. With our large customer basis, our extensive branch network in Germany, and our sophisticated electronic settlement systems, we support you with our easy, fast, and efficient collection services.

Guarantee

The complexity of foreign guarantee business with all its country-specific features and diversity of bank regulations and practices can represent a really challenging operation for your customers. It involves risks and requirements that do not arise in domestic trade, meaning that your customers' primary need is for risk protection.

Commerzbank is at your disposal, offering you and your customers a full range of guarantee instruments and acting as your supporting partner with decades of experience and extensive expertise in guarantee and standby letter of credit business. This is supplemented by a large and continuously updated information pool of country and bank-related data concerning more than 70 countries worldwide.

Our aim is to provide you and your customers with highly professional, worldwide and tailor-made solutions - irrespective of whether your clients are importing or exporting - to cover possible performance and financial risks arising from business transactions. These solutions endeavour to achieve the greatest benefit to all parties concerned according to the latter's needs and expectations.

In any case, when Commerzbank is involved in the issuance of a guarantee or issuance / confirmation of a Standby Letter of Credit, we provide our customers with the individual service of checking, commenting and drafting guarantee conditions or complete wordings in line with international standards and practice for specific cases.

Trade Faciliation Programmes

Trade Facilitation Programmes (TFPs) are programmes which were launched by supranational development banks, such as the EBRD (European Bank for Reconstuction and Development, London), ADB (Asian Development Bank, Manila), the Inter-American Development Bank (Washington) and IFC (International Finance Corporation, Washington) to support the international flow of goods and services with certain markets, mainly emerging markets. In the respective countries, banks are carefully selected by these multinational development banks.

Forfaiting

The complexity of foreign guarantee business with all its country-specific features and diversity of bank regulations and practices can represent a really challenging operation for your customers. It involves risks and requirements that do not arise in domestic trade, meaning that your customers' primary need is for risk protection.

Commerzbank is at your disposal, offering you and your customers a full range of guarantee instruments and acting as your supporting partner with decades of experience and extensive expertise in guarantee and standby letter of credit business. This is supplemented by a large and continuously updated information pool of country and bank-related data concerning more than 70 countries worldwide.

Our aim is to provide you and your customers with highly professional, worldwide and tailor-made solutions - irrespective of whether your clients are importing or exporting - to cover possible performance and financial risks arising from business transactions. These solutions endeavour to achieve the greatest benefit to all parties concerned according to the latter's needs and expectations.

In any case, when Commerzbank is involved in the issuance of a guarantee or issuance / confirmation of a Standby Letter of Credit, we provide our customers with the individual service of checking, commenting and drafting guarantee conditions or complete wordings in line with international standards and practice for specific cases.

top@doc

Subscribe to the Commerzbank newsletter for documentary business.