Trade Financing

Trade Financing

Almet Trading, CIS Steel Trading, Long Steel Products

Our excellent relationship with prime banks and financial institution ensure our strong financial position and capability to structure the trade finance.

Our scope is not limited to buying and selling but we can provide a wide range of added value services, off take arrangements with eventual JIT deliveries, door to door logistics with inland transport, inspections, clearing goods through customs, handling VAT or duty regulations and consignment stock.

Bank Guarantees
A Bank Guarantee is a written instrument issued by a bank to a party (beneficiary) on behalf of the customer (principal), stipulating payment by the bank to the beneficiary in case of default, against the submission of a written demand and/or other documents specified in the guarantee text.

Standby Letter of Credit
Standby Letters of Credit are often used in international trade transactions, such as the purchase of goods from another country.

Documentary Collection
A Documentary Collection is one of the forms of payment for the goods supplied, mainly used in international trade transactions.