No matter what the financial need, Bank of Baroda has a solution.
Choose our Corporate Banking services.
International Trade Finance
Trade Credit through Stand By Letter of Credit / Buyers Credit & Suppliers Credit
Trade Credit through SBLC is one where the advance is made to the Importer against an SBLC (MT 760) issued by a bank for making payment of Import Bill & on due date the SBLC issuing bank will make the repay to the funding bank.
Trade Credit under RA Financing
The Reimbursement Authorization financing is a funding mechanism wherein the financing is made to the Suppliers & Bank
Purchase of Trade Finance Assets
Purchase of trade finance loan / portfolio of other banks from secondary market. Banks are extending trade finance to its customers by way of Bills discounting, suppliers credit, Trade credit, Banker Acceptance and other trade lines such as issuance and confirmation of Letter of Credit, advance payment guarantees etc.
BOB, IBU in providing Trade & Forex Services which include an array of products for both - Importers and Exporters.
Working Capital Facilty
Bank of Baroda offers corporations working capital finance to meet their operating expenses, purchasing inventory, receivables financing, either by direct funding or by issuing letter of credit.