Ranked Number One in France in terms of volume and number of Letters of Credit processed, BNP Paribas is a leader on bank guarantees. As one of the top Five worldwide leaders on Trade Finance and e-Trade Finance, we have been chosen by more than 40% of French exporting companies to assist them on their international transactions.
A presence in more than 85 countries through branches, affiliates, joint ventures, and a large network of correspondents, has allowed BNP Paribas to develop a real expertise in Global Trade Services.
BNP Paribas introduces a global network of 90 Trade Centers. This new style of service offers responsive teams of advisors, specialised in all aspects of International commerce and industry.
For all your documented operations, you can rely on the quality commitment of ISO 9001 accreditation in France and other parts of the world.
In BNP Paribas Global Trade Services, our mission is to support your trade transactions by providing either traditional services or tailored solutions to your financing needs :
Finance your operationsEnsure payments are receivedMitigate political riskManage your liquidityMinimize exchange rate riskSave money and time. Through the Trade Centers network, our clients enjoy a privileged relationship with the BNP Paribas Group throughout the world, thereby facilitating their global trade business.
In Egypt
As a subsidiary of BNP Paribas, one of the world's largest financial institutions, you can count on receiving expert advice and assistance from more than 60 Trade Centers around the world. That can only come from a regional bank with global reach.
BNP Paribas Egypt's international trade experts provide your company with a diversity of vital resources that can help you operate and compete worldwide. Our team of experienced trade specialists offers importers, exporters and service-based international companies a broad range of competitively priced innovative financial solutions.
BNP Paribas Egypt provides excellent products tailored to the cash flow needs of companies importing and exporting goods. As your needs differ from domestic businesses, we have tailored these products to effectively serve your special needs.
Export Services
By relying on BNP Paribas Egypt to assist you in your exporting activities, you can easily obtain buyer credit information, explore overseas markets and develop an export risk management program tailored to your specific needs. Your relationship manager can sculpt an Expert Risk Management program based on your trade cycle by using the global network of our parent company BNP/Paribas. And, our Trade Managers help you develop export sales leads, advise you on establishing overseas subsidiaries, and assist you in setting up bank accounts and credit facilities overseas.
With BNP Paribas Egypt Trade Center, you can:
- Track incoming letters of credit issued by the foreign buyer's bank.
- See and review all the amendments and appropriate cover letter.
- Review and respond to incoming transactions quickly and easily.
- Make informed business decisions quickly based on accurate advice from our trade experts.
- Receive advice on different structures of export letters of credit and documentary collections to enhance timeliness of payment.
- Receive advice on using different payment instruments to extend promotional facilities to overseas buyers while maintaining risk control.
- If you are a middle-man you may use our expertise to advice you on different payment mechanisms for your suppliers that matches your financing needs (examples are Authorization to pay, Back to Back Letter of Credits ... etc)
Export Trade Finance As an international enterprise, you can turn to BNP Paribas Egypt for lines-of-credit tailored to your needs. These lines are based on supporting your transactional trade cycle from the time the line is issued through receipt of your export proceeds.
If your business is international, your need to tap and not your need funds quickly to cover cash flow, payroll, inventory or any other operational expenses is vital. Because of our unique network and expertise in international markets, BNP Paribas Egypt can serve your credit efficiently and cost-effectively. For more details, contact our Head of Trade Center at +(202) 2792-1827.
Advisory Services : Maximize success in overseas expansion
When you're ready to expand your business overseas, there is no more knowledgeable resource than the professional advisors at BNP PARIBAS Egypt. We are here ready to assist you in expert consulting, including country risk reports, credit reports on companies in virtually any country, counseling on international trade financing, and technical advice on solving specific international business and trade problems. Use the vast knowledge base of our Advisory Services to insure that your expansion is smart and profitable.
Import ServicesLetter of Credit
When you need financial support for a foreign transaction, BNP Paribas Egypt can provide you with an Import Letter of Credit. We provide a range of commercial letters of credit including sight, and usance deferred payment credits.
Documentary CollectionThese cost-effective alternatives to letters of credit add security to transactions by allowing you to retain control of title documents to goods and can be processed on either a sight or usance (delayed payment) basis. BNP PARIBAS Egypt can direct foreign banks to release title documents after payment is made by your client, or against your client's written promise to pay at a future date.
International Letter of GuaranteesBNP Paribas Egypt through the use of its parent global network also issues Letter of Guarantees in other markets that function as financial guarantees for your international trade business, or act as bid, advance payment or performance bonds. We can assist you in developing language that best meets your specific needs.
Connexis TradeConnexis Trade is a worldwide solution for the whole BNP Paribas group.
An Internet based tool mainly dedicated to importers/ exporters to optimize the management of their international trade transactions.
- Main characteristics:
A wide range of products and functions to simplify international trade deals
A wide range of powerful and accurate reporting tools
A dedicated interface with international trade specialists
News concerning international trade from the bank and from various Internet news agents
A flexible and fully secure work environment
- Trade modules:
Import Letters of Credit: request to initiate or amend, notification of discrepancy or payment
Stand by Letter of Credit: initiation, amendment, notification of stand by received