Our international trade specialists partner with you to ensure you receive payment when selling to a foreign buyer.
In addition to offering traditional services such as letters of credit and documentary collections, we regularly analyse export finance trends to ensure we are at the forefront of new developments and services in the world of trade finance.
Scotiabank’s financing solutions are individually designed and tailored to support your import and export sales.
Export Letters of Credit
Ship merchandise and present your documents with an export letter of credit and set up a guarantee of the receipt of payment from the issuing bank.
Reduce processing time and accelerate payment with a direct collections approach.
Ensure buyers can collect a sum of money from the issuing bank in the event of a breach of contract.
Standby Letters of Credit
Meet the requirements of the U.S. market with this cross-border guarantee alternative.