Trade Products Information

Soneri Bank Ltd has been offering its expertise and experience in Trade Finance to its customers since its inception. It is one of the leading Trade Finance bank of Pakistan. The bank maintains a global network of correspondent banks in addition to its network of local offices;

Soneri Bank provides its customers with a range of products, efficient services and solutions for international and domestic trade based on SBP’s defined regulations, which include:

• Import L/C and Contract Issuance
• Financing against Imports

-FIM-in-Transit (Finance against Imported Merchandise in-Transit

-FIM (Finance against Imported Merchandise)

-FATR (Finance against Trust Receipt)

-FCIF (Foreign Currency Import Finance/FLATR)

• Export LC advising
• Negotiation of Export documents
• Handling of Export documents under LC, Collection & advance payment.
• Pre & Post Shipment Financing facilities through SBP’s Refinancing Scheme to exporters
• Finance against Exports (Trade Finance/Discounting)

-FAFB (Finance against Foreign Bills-Post Shipments)

-FAPC (Finance against Packing Credits-Pre-Shipments

-FCEF (Foreign Currency Export Finance-Pre/Post)

-FBP (Foreign Bill Purchase)

-FBD (Foreign Bill Discounting)

-E-EFS (Exim Bank Export Finance Schemes)

-E-LTFF (Exim Bank Long Term Financing Facility)

 

Facilitation on account of Export to Afghanistan against surrendering foreign currency, in terms of SBP applicable regulations, is available to the customers at the designated branches. In addition, facilitation on account of PSW system to the exporters and importers at the designated branches is also available.