Trade Finance is a long-established area of business which Sonali Bank (UK) Ltd has concentrated its efforts over the years to facilitate export and import transactions, primarily with Bangladesh.
We handle Bangladesh’s global import payments under Letters of Credit from Asia, Europe and Africa . Our experienced team handle the various aspects of documentary credit transactions and bank-to-bank reimbursements in all major currencies.
Located in the
UK we are in a prime position to facilitate trade finance transactions between the banking sector in Bangladesh and our global network of correspondents.
Services we provide
Advising of Letters of Credit
Confirmation of Letters of Credit
POST-IMPORT RE-FINANCING FACILITIES
NEGOTIATION OF DOCUMENTS UNDER LETTERS OF CREDIT
Assignment of Proceeds
Bank to Bank Reimbursements
Transfer of Letters of Credit
BILLS DISCOUNTING DRAWN UNDER LETTERS OF CREDIT
Taking care of your transactions since 1973.
SBUK is authorised and regulated by the Prudential Regulation Authority.
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Our Bangladesh Taka rates may now be updated numerous times a day to provide you with the best possible competitive rates.