BankCom’s Trade Services cater to a vast range of product solutions to fit every company’s needs. BankCom embraces the growing trade environment and continues to enhance its offerings for customers with innovative trade finance and supply chain solutions, with the aim to provide an efficient process for both domestic and international markets. IMPORTS Payment solutions provided for trade settlement of your Importation transactions. Import Letter of Credit Documents Against Payment (DP) Documents Against Acceptance (DA) Advance Payment/Open Account/Direct Remittance Customs Duties and Taxes (PAS6) Advance Custom Duties/Taxes Final Duties/Taxes Export/Documentary Stamp Fees EXPORTS Payment solutions provided for your exportation requirements. Export Bills Purchased Export Bills for Collection GUARANTEES The Issuance of these instruments serve as the Bank’s commitment to pay or provide security to the Beneficiary/Seller in the event of Buyer’s default on the Agreement/Contract (eg. payment of goods and services, performance contracts, etc.) Standby Letter of Credit Bank Guarantees The Issuance of the below instrument serves as the Bank’s undertaking addressed to a Carrier indemnifying the carrier to release the goods in the absence of the shipping documents. Shipping Guarantee/Shipside Bond TRADE FINANCING Financing used for short-term liquidity requirements. Loans Against Trust Receipt (LATR) Export Advances/Pre-shipment Loans TRADE FINANCE RECEIVABLE Trade Finance Receivable is a Supply Chain financing that provides a facility allowing BankCom to purchase the receivables of Suppliers at a discount from their Buyers. CONTACT US For inquiries on BankCom Trade’s products and services, please do not hesitate to contact us at tbgtrade@bankcom.com.ph.