From the simplest to the most sophisticated needs, we provide products that suit your exports business
Export Letters of Credit
Banco Oceanico has a range of products to support your export needs. Our Trade Service Centre handles LC Advising, Transferable LCs, Adding Confirmation, Document Checking, Negotiation, Assignment of Proceeds, among others, with experts providing guidance in document preparation.
Banco Oceanico expert advice can be given on your Export Letter of Credit and it may also support import transactions, thanks to our holistic approach to trade deals.
Export Bills Discounting
Export bills collections, whether at bank or client risk, are discounted at attractive rates—subject to internal approvals—with or without recourse basis.
Export Finance
Loans against Invoice
We finance post-sales invoices after assessment to purchase or discount the bills.
Tasdeer (Export Finance)
We provide a flexible suite of end-to-end financing to support sellers by facilitating immediate financing needs through Pre-shipment Finance, subsequently by Post-shipment Finance and linked to Acceptance Discounting. From traditional trade products to bespoke finance solutions we can assist your import and export activity and help maximise your international and domestic trading potential while improving cashflow.
Is it right for you?
Trading overseas can be profitable, but it also involves risk. Exporters must ensure they are paid for the goods they provide. We can offer a range of Trade Finance solutions to help you manage risks, negotiate credit terms, win business and trade confidently.
◉ You can benefit from the expertise of our experienced Trade specialists based in the Ivory Coast and overseas
◉ We understand the importance of Trade Finance in both reducing pressure on your cashflow and in
enhancing your ability to trade globally or domestically.
How it supports your business
◉ Enables you to quickly receive payments for your exports
◉ Offers you the ability to potentially enhance your negotiating position with your trading partner
◉ The funding period can be based on your individual trading needs
if the Prime rate rises and earn interest rates in line with 12 month deposit rates...
to facilitate the transaction and can evaluate opportunities and present multiple sources of equity...
Access up to 30% of your savings, three times over a 12-month period, if required. With interest earned on your account directly linked to Prime, stand to gain
Our Structured Acquisition Finance team guides our clients through the nuances of the merger and acquisition process. We have a network of resources available
PrimeGrow & PrimeAccess
Acquisition Finance