ADITYA TRADE FINSERV AND EXPORT

Contact Us:

Address: 205 Gera Park View, Behind EON IT Park Kharadi, Pune: 411014

+91 20 48613395 +91 9881 274 488

tradefin@adityatfe.com

All you need to know about Trade Solutions

OUR SERVICES

LETTERS OF CREDIT AT SIGHT

USANCE LETTERS OF CREDIT

STANDBY LETTERS OFCREDIT

ADITYA TRADE FINSERV AND EXPORT GUARANTEES

PERFORMANCE GUARANTEES

READY, WILLING AND ABLEMESSAGES

POF MESSAGES

PRE ADVISED MESSAGES

COMFORT LETTERS

DEMAND GUARANTEES

Aditya Trade Finserv and Export provides a comprehensive

approach to structuring complex trade transactions for a variety

of stakeholders including importers, exporters, and trading

companies. Aditya Trade Finserv and Export’s experienced team

understands that providing trade finance in today’s volatile global

markets demands creativity and flexibility. As such, Aditya Trade

Finserv and Export utilizes an array of trade and export finance

instruments to mitigate unnecessary credit risks while increasing

clients’ access to working capital. Aditya Trade Finserv and Export

provides specialized supply chain finance facilities, tailored to the

specifics of each deal.

Whether you are an importer, trader, broker, introducer, or

consultant, if you have business that you think might interest us,

give us a call or write us an email. We would be very happy to

speak with you about your transactions. If we aren't the right

address, maybe we can point you in the right direction.

OUR VISION

We provide the trustworthy and complete trade finance

solutions to our customers by combining the best expertise

in each area of service with the lowest servicing cost.

OUR MISSION

To provide our Clients with Integrated Trade Finance Solutions.

To create a respectful work for our people.

To deliver superior services and results to our

Clients.

What is a Letter of Credit? A Documentary Letter of Credit is a guarantee from the issuer (i.e. issuing bank) to the beneficiary that the issuer will pay the beneficiary money when the beneficiary provides certain documents to the issuer in a certain manner, time and place. A documentary letter of credit is issued by a bank or a financial institution. The letter of credit assures the supplier (beneficiary) that they will receive payment up to the amount stated in the letter of credit, provided that the beneficiary makes a compliant document presentation. Documentary letters of credit are mostly used in international transactions, where the buyer and seller have yet to establish a strong relationship and/or operate in different countries.

OUR ISSUERS

BNP Paribas- SINGAPORE

Citibank- Hong Kong

HSBC- SINGAPORE

UOB-SINGAPORE

BANK OF BARODA-SINGAPORE

Standard Chartered Bank- SINGAPORE

China Construction Bank- SINGAPORE

OCBC Bank- SINGAPORE

Dah Sing bank-SINGAPORE

DBS Bank-SINGAPORE

UCO bank-HONG-KONG

IDB,NewYork-USA

Hanmi Bank-USA

Stern Bank-USA

U.S.Credit Corp-USA Standard Commerce Bank

Point Bank

Europa Bank Public Limited BANK WINTER - AUSTRIA AMARA BANK – BAKU

STANDARD COMMERCE BANK - USA

STERN INTERNATIONAL BANK - USA

AZERIGAZ BANK - BAKU

PLG CAPITAL BANK LTD - USA

When an applicant takes advantage of a documentary letter of credit,

he frees up capital that would otherwise be tied up with the

beneficiary in the form of a security deposit. Due to this ability to

boost an applicant's cash flow, documentary letters of credits are a

very important aspect of international trade for deals of all sizes.

OUR ISSUERS

BNP Paribas-SINGAPORE

UOB-SINGAPORE

BANK OF BARODA SINGAPORE

Standard Chartered Bank-SINGAPORE

China Construction Bank-SINGAPORE

OCBC Bank- SINGAPORE

Dah Sing Bank-SINGAPORE

DBS Bank-SINGAPORE

UCO Bank-HONG-KONG

IDB, New York-USA

Hanmi Bank-USA

Stern Bank-USA

U.S. Credit Corp-USA

AMARA BANK

STANDARD COMMERCE BANK-USA

Point Bank

Anametrics

Europa Bank Public Limited

BREAKDOWN OF SBLC TYPE

PERFORMANCE STANDBY backs the commitment to perform other than to pay money/funds and includes an obligation to pay for loses occurring from a default of the buyer in the process of completing an underlying transaction.

Documentary Requirements for

Standby Letters of Credit

1. Application form

Download

2. Verbiage (if any)

3. Trade license of your company

(In English)

4. Share Holders List (in English)

5. Passport copy of main applicant

6. Three years audited balance sheet

7. Six months latest bank

statements

ADVANCE PAYMENT STANDBY Supports an obligation by the supplier to the buyer to fulfill the contractual obligation after buyer makes an advance payment. BID BOND or TENDER BOND STANDBY backs an obligation of the buyer to execute a contract if the buyer is awarded a bid.

COUNTER STANDBY backs the issuance of another, separate standby letter of credit or other undertaking by the supplier of the counter standby. FINANCIAL STANDBY supports an obligation to pay funds, including any instrument evidencing an obligation to repay borrowed money.

INSURANCE STANDBY supports an insurance obligation of the applicant.

COMMERCIAL STANDBY backs the commitment of a buyer to pay for goods or services in the event of nonpayment by other methods.

DIRECT-PAY STANDBY intended to be the primary method of payment. It may or may not be linked to a default in performance or payment.

What is a Bank Guarantee

A Guarantee is a promise of payment from the Guarantor to the Beneficiary that the Guarantor will pay the beneficiary when the beneficiary submits certain documents or makes a specific demand to the Guarantor in a certain manner, time or place.

Guarantees provide comfort to the beneficiary; in case the applicant fails to meet his obligations (either financially or by performance) as per the contract made between the applicant and the beneficiary, the beneficiary will have the guarantee of the payment.

Having a guarantee issued in support of a client’s transaction can help the client grow and expand their business by postponing current payments for goods and/or services to a later date. It also provides comfort to buyers and allows clients to bid for the transaction without blocking their available cash.

OUR ISSUERS

BNP Paribas- SINGAPORE

Barclays bank-France

BANK WINTER - AUSTRIA

STANDARD COMMERCE BANK - USA

STERN INTERNATIONAL BANK - USA

AZERIGAZ BANK - BAKU

PLG CAPITAL BANK LTD - USA

SUISSE CREDIT CAPITAL LTD - LONDON

CITI COMMERCIAL BANK – USA

TRADE BANCORP – CANADA

POINT BANK – LONDON

BANK OF WEST INDIES – USA

PANPACIFIC BANK – LONDON

SUISSE CREDIT BANK CORP LTD – HONG KONG

CIBCAG NEWZEALAND – NEW ZEALAND

FORTRESS BANK – CYPRUS

PANPACIFIC BANK – USA

ISRAEL DEVELOPMENT BANK – ISRAEL

BANK LEUMI –USA

WELLS FARGO BANK – USA

SBLC/BG/MONETIZINGLIMITS/DISCOUNTING CREDIT

FACILITIES/LIMITS WITH TOPPRIME BANKS IN

SINGAPORE

CITIBANK HSBC BANK STANDARD CHARTERED BANK UOB BANK

Documentary Requirements for

Bank Guarantees

1. Application form

Download

2. Verbiage (if any)

3. Trade license of the

company (In English)

4. Share Holders List (In English)

5. Passport copy of the

major shareholder

6. Three years audited

balance sheet

7. Six months latest

bank statements

SWIFT

MESSAGES

PROOF OF FUNDS

Proof of Funds is a document or bank statement

that demonstrates that a person or a company has

the ability and the money to finalize a transaction.

Its purpose is to ensure that the financial ability

required for the transaction is procurable and

legitimate.

It is often used for funding projects that require large

amounts of money to invest in, specifically real estate

transactions.

By issuing a proof of funds, the bank approves that

the entity or person has the quoted funds or facilities

available with him/her. During the finalization of a

transaction, the applicant presents the Proof of Funds

to the beneficiary, assuring him that the buyer has

the where- with all to participate in the transaction.

READY, WILLING AND ABLE MESSAGES

We provide ready willing and able (RWA) letters to our clients,

usually via MT799 message. It is a document issued by banks or

financial institutions on behalf of clients, demonstrating intent

and capability (both financially and legally) to enter into a

financial transaction.

RWA’s are often also referred to as bank comfort letters.

Downloadable Forms

DLC Application Form

SBLC Application Form

BG Application Form

PROOF OF FUNDS Application Form

READY WILLING ABLE Application Form

Pre Advised Application Form

Performance Bond Application Form

Tender Bid Application Form

Aditya Trade Finserv and Export programs & procedures