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| HOME > LOAN PRODUCTS > TRADE FINANCE |
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Center Bank has been serving the trade financing needs of its customers for more than two decades. Our International Department has earned a strong reputation for providing expert knowledge and personalized services tailored to the individual needs of our clients. We offer competitive pricing and a wide range of services such as opening L/Cs, import financing, clean and documentary collection, revolving lines of credit and more.
Professional advice, attention to detail, and superior account management helped build trust and strengthen relationships among customers both new and old. Center Bank is proud to be an integral part of the growth and success of the import-export industry in the greater Los Angeles area. Our banking will continue to capitalize and support the trade activities throughout the Pacific Rim. |
For Importers
- Issuance and settlement of commercial letters of credit, transfers, back-to-back and revolving.
- Incoming documentary and clean collections.
- Wire transfers.
- Trade finance lines of credit (for issuance of letters of credit and subsequent trust receipt financing of the documents, allowing the importer time to sell the goods and repay the loan).
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For Exporters
- Advising, negotiation and payment of incoming commercial letters of credit.
- Transfers, back to back issuance and assignment of proceeds of incoming letters of credit.
- Issuance of standby letters of credit to guarantee payment or performance.
- Outgoing documentary and clean collections
- Pre-export lines of credit (straight or SBA/EWCP guaranteed) financing domestic purchases for export under existing letters of credit.
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Other Services
- Credit verification/inquiries of local and foreign companies.
- Expert consulting on international trade financing.
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