International Trade forms the major business activity undertaken by Dhaka Bank Ltd. The Bank with its worldwide network of correspondents and close relationships with key financial institutions provides an extensive trade services network to handle your transactions efficiently.

Our key branches in Dhaka, Narayanganj, Chittagong and Sylhet are staffed by personnel experienced in International Trade Finance. These offices are the focal point for processing Import and Export transactions for both small and large corporate customers.

We offer a complete range of Trade Finance services. Our professionals will work with you to develop solutions tailored to meet your requirements, through mobilising our full range of trade services locally, and drawing on our global resources. We can offer you professional advice on all aspects of International Trade requirements, namely:

	Issue, advising and confirmation of Documentary Credits.
	Arranging forward exchange cover.
	Pre-shipment and post-shipment finance.
	Negotiation and purchase of Export Bills.
	Discounting of Bills of Exchange.
	Collection of Bills.
	Assist customers to insure all risks.

Documentary Credits

Having a worldwide network of correspondents and a team of experienced trade professionals, Dhaka Bank Ltd. is uniquely poised to establish Documentary Credits in most currencies and can provide for drawings at sight or at a term to suit your financing requirements. The Bank can also arrange confirmation of Documentary Credit - an additional undertaking given by our correspondent banks providing for payment to the exporter 'without recourse' for documents presented in strict compliance with the terms and conditions of the Documentary Credit. 

The Bank also deals in all types of Export letters of credits. Each day, the Bank advises a large number of export credits, and arranges opening of back to back letters of credit. 

SWIFT is used for all our documentary credit operations.

Forward Exchange Cover

The Bank can arrange forward exchange cover to provide protection against fluctuation in exchange rates. Supported by REUTERS Dealing System, our FOREX Dealers are able to provide you the most competitive solution for your foreign exchange requirements.

Pre-shipment and Post-shipment Finance

The terms of payment desired by the importer/exporter may differ at times, e.g. sight payment required by exporter, but 180 day terms required by importer. Dhaka Bank Ltd. can tailor provision of finance to suit the importers needs.

Pre-shipment Finance can be made for export of goods for the period between receipt of orders and the time of shipment. Post-shipment Finance is available from the time between the shipment date and receipt of payment. These forms of finance preserve the importers and exporters working capital.

Negotiation / Purchase or Discounting of Bills

Dhaka Bank offers negotiation, purchasing or advancing funds against shipping documents drawn on the overseas buyer and crediting the exporter immediately with the proceeds, less bank charges and interests.

The exporter has the option of receiving the proceeds in local currency or in the currency of the bill of exchange. The Bank offers facility to open Exporters' Retention Quota account to retain export proceeds in a foreign currency account as permissible under regulations. 

If shipment is being effected under a Documentary Credit calling for a term or sight bill of exchange with charges for account of the beneficiary. Dhaka Bank Ltd, upon request, will discount the bill of exchange and credit the exporter immediately, provided documents presented are in strict compliance with all stipulated terms and conditions of the Documentary Credit.

Full recourse is preserved against the drawer of a bill of exchange and in the event of non-payment the Bank will look to the exporter to reimburse the full amount of the transaction.

Bills for Collection

We arrange the forwarding of documents on your behalf and collection of proceeds being received following payment by the overseas party. 

Insurance Cover

Our Trade professionals assist customers to satisfy that the goods have been insured to cover all the risks involved. This is a complimentary service provided by our Trade Team.