Trade Finance
Navigating International Trade with Confidence
International trade is a dynamic and ever-evolving landscape involving multiple stakeholders with diverse and sometimes unpredictable behaviors. It facilitates the exchange of goods and services across borders, governed by a contract of sale, with payments flowing securely from buyer to seller. Before engaging in international trade, businesses and individuals must carefully evaluate potential risks and explore effective mitigation strategies.
At Imperia Bank, our Trade Finance team—working alongside world-class international partners—ensures seamless and secure transactions for our clients. We are committed to making your import and export processes effortless, efficient, and risk-managed so you can focus on growing your business globally.
PAPSS Money Transfer
The Pan-African Payment and Settlement System (PAPSS) is a cross-border payment platform that is designed specially for the settlement of payments between African countries.
Correspondent Banks
Our correspondents in foreign countries allow you to fund your Imperia Bank account in these currencies: United States Dollar, Euro and British Pound Sterling...
Documentary Credit (Letter of Credit)
It is an irrevocable undertaking given by a bank that offers certainty of payment to the seller and delivery of goods to the buyer provided a number...
Documentary Collection
With this arrangement, the seller will dispatch the goods and send the documents via the banking system for collection of the sales proceeds as well as the delivery of the documents to the buyer...
Advance Payments
With this arrangement, the buyer pays for the goods or services in advance. The seller, on receipt of the payment, then arranges for the goods to be shipped...
Open Account Payments
This arrangement is when the seller ships the goods to the buyer and sends title documents to the buyer for payment on a specified future date...