Trade Services

Our Trade Services provide comprehensive support for international trade, including import/export documentation, letters of credit, and trade financing solutions.

Export Facilities

Export facilities ensure smooth international trade.

Advising Letters of Credit & Amendments

We verify the authenticity of Letters of Credit and any amendments received, promptly advising beneficiaries to ensure smooth transaction flow.

Adding Confirmation to Letters of Credit

Upon request, we add our bank’s confirmation to Letters of Credit, providing beneficiaries with enhanced payment security and peace of mind.

Bill Negotiation

Our trade experts expertly handle document processing to ensure swift and compliant submission to issuing banks, supporting exporters with timely liquidity through negotiation of documents under deferred payment terms.

Bill Discounting

Convert your trade receivables into immediate cash flow. We offer bill discounting services on bills of exchange backed by confirmed orders or Letters of Credit, advancing funds upfront while managing collection from the buyer.

Forward Exchange Contracts

Protect your export earnings from currency fluctuations with our tailored Forward Exchange Contracts, designed to safeguard your foreign currency proceeds.

Secondary Market Bill Discounting

We provide specialised discounting solutions for trade bills available in the secondary market. This service supports institutions and entities looking to optimise liquidity or manage portfolios by accessing early payment options for accepted trade bills.

Export Bills for Collection

We efficiently manage export shipping documents on a collection basis, ensuring prompt crediting of proceeds upon receipt from the buyer’s bank.

Transfer of Letters of Credit

We facilitate the secure transfer of Letters of Credit and proceeds to alternate beneficiaries as per client instructions, adhering to regulatory standards.

Pre-shipment & Post-shipment Financing

Our pre-arranged facilities support your working capital needs throughout the export cycle, providing financial assistance at both pre-shipment and post-shipment stages.

Import Facilities

Issuance of Letters of Credit

We issue Letters of Credit and related amendments to banks in Sri Lanka and regional markets on behalf of our clients. All credit facilities are subject to internal approval processes.

Import Collections

We manage import collections by notifying clients upon receipt of shipping documents from the exporter’s bank and releasing them as per client instructions. Our collection services cover:

All investments involve some level of risk. BOC UK does not provide investment advice and It is important before deciding to purchase any product or services to seek advice from suitably qualified sources. BOC UK will try to understand your requirements and ensure you are aware of the risk associated with it and that you understand the risks you may enter into. This understanding will form the basis of the recommendations that we make.