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Trade Services

Trade Services

Facilitating International Trade through Import and Export financing is one of the key activities of the Bank. The environment in Banking industry has become highly competitive and banks are now exposed to various types of financial and non-financial risks. Risks have become multidimensional especially in Foreign Exchange business. Bangladesh Bank as a central bank has been issuing guidelines on management of various types of risks involved in foreign Exchange dealings. Modhumoti Bank is very much concerned about the fast- changing environment, which is becoming uncertain and risky due to integration of international markets. Bank is taking all possible steps to properly address the issues, developing tools and techniques for effective management of Trade Service activities.

Regular Trade Services Products:
• Letter of Credit (Documentary Credit)
• Back to back letter of credit
• Shipping guarantee
• Packing Cash Credit
• Export LC (Advising & Transfer)
• Letter of Guarantee
• Import Bill Handling
• Export Bill Negotiation/Collection
• Import Loan
• Letter of Trust Receipt (LTR)
• Time Loan

Specialized Trade Services Products
• EDF Loan
• Cash Incentive Financing
• Demand Loan

Other Trade Services Products
• IMP Reporting
• EXP Reporting
• Web Based Reporting to Bangladesh Bank
• Return & Statements
• Matching Bill of Entry with IMP, TM, From-C reporting
• SWIFT Operation