Trade Finance 

Enhance your trading status and achieve your domestic and international trade objectives with our Trade Finance solutions. You will have access to an extensive range of Trade Finance services along with the expertise of our Trade specialists, underpinned by our global network across various markets.

We provide a number of services to support your business activities between Asia and Africa. Our Head Office, The Access Bank UK Limited, has Confirming Bank status for the International Finance Corporation as part of their Global Trade Finance Programme, thereby strengthening our Trade Finance capabilities further. The Access Bank UK Limited, is the first Nigerian Bank in the UK to be appointed as correspondent bank to the Central Bank of Nigeria to undertake infrastructure work on behalf of the Nigerian Government. 

We offer an extensive number of Trade Finance services including:

• Export Letters of Credit – our strong reputation helps us to advise and confirm to beneficiaries together with discounting across our identified markets.
• Import Letters of Credit – we can issue stand-alone letters of credit in favour of your suppliers.
• Standby Letters of Credit – to support open-account trading and to mitigate payment risk.
• Payment Guarantee – providing financial security to the beneficiary if a buyer fails to pay.
• Risk Participation – improving management of foreign trade exposure.

Is this service right for you?

Yes, if you are currently doing business with Africa or planning to do so in the near future or if you are a bank interested in diversifying its portfolio of trade exposures.