There are a number of solutions that aim to mitigate the risks involved when entering into a contract of sale with another party or help to provide assurance and protection for your business. Every business is different, so using the table below, if you can identify with a risk for your business, then one of the listed products could be your solution.
- Payment Risk - The risk that contracted payments are not received from the buyer or their bank.
- Delivery Risk - The risk that the buyer does not obtain delivery of the goods after making payment to the seller.
- Performance Risk - The risk that either the buyer or seller in a contract may not perform according to their agreed undertakings.
Products and services to help
- Documentary Credits (exports)
- Documentary Credits (imports)
- Bid Bonds & Performance Bonds
- Standby Letters of Credit
- Bank Guarantees
Whatever your business requirements are, you can always find out more by speaking to a trade representative closest to you. All our professional and experienced personnel are chosen for their knowledge and understanding of the challenges you face. We look forward to helping you.