Are you an Indian Corporate looking at expanding your horizons beyond India and to the technologically advanced Germany/ Europe?
Are you a European Corporate looking at expanding your horizons beyond Germany/ Europe and to the fastest emerging economies of India / Asia?
Come, join our Fold
We, at SBI Frankfurt, are privileged to offer Trade Finance Solutions for both.
Our Trade Finance Team is always ready to provide you with the following services to your satisfaction, at most competitive rates
- Advising and adding confirmation to Letters of Credit (LCs) established by State Bank of India ( having the largest network of commercial branches in India), all other scheduled and acceptable private Banks in India and our international branches and selected banks elsewhere.
- Discounting, negotiation and payment of documentary Export Bills under LCs established in all major currencies viz. Euro, US Dollars, Pound Sterling, Japanese Yen besides other European Currencies.
- Supplier's/ Buyers Credits in the form of Short Term Foreign Currency Loans under LCs, at competitive market related interest rates.
- Collection of Import Bills, relating to exports from India to Importers in Europe / other countries
Mr. Vishal Saroj
Ms. R. Dornieden
- We provide bank guarantees on behalf of European/German companies in connection with projects and materials exports to India. Our clientele consists of German corporates which are amongst the largest.
- We also issue trade related guarantees to European/German companies on behalf of Indian companies.
- We are active in both the markets for decades and can help communication between large/ medium Indian corporates and their German or European trade partners.
- Our dedicated service desk is always prompt.
- Our charges are most competitive.
Ms. I. Botzum
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