We'll help you manage risks and negotiate credit terms to enhance your business’ ability to trade globally.

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Service excellence

Enjoy advice and support from a dedicated team of experts.

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Free up cash

Improve your daily cash flow with our overdraft facilities.

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Range of solutions

Specialised finance options for suppliers and buyers.

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Recognised worldwide

Deal internationally through our reputable global network.

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Give your business a working capital injection

Fund your short term financing needs with our range of working capital facilities. Choose the loan best suited to your business needs and trade with confidence.

Overdraft and Short-Term Loans
  • Manage day-to-day expenses with ease and convenience
  • Instant access
  • Available in local or major foreign currencies
Trade Loans
  • Get financing solutions to import or export goods and services.
  • Get financing that's tailored to manage funding gaps in your “Working Capital Cycle” and enhance your cash flow. 
  • Both Pre-Shipment and Post-Shipment financing is made easy and convenient.
  • Get Finance in local or major foreign currencies.
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  • A convenient way of paying locally or when abroad
  • No need for business cheques or petty cash
  • Closely manage your business expenses
  • Set credit limits for each cardholder

Give your business a boost

Please note: Fields marked with an asterisk (*) are mandatory

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Solutions structured around your trading requirements

Enjoy structured financing solutions that's tailored to suit the specific trading needs of your business.

Supplier Finance
  • Makes managing the cost of finance easier. With extended payment terms, you have the ability to manage working capital gaps caused by the difference between payables and receivables
  • Mitigates the impact of extending supplier payment terms by offering your suppliers access to convenient and cost effective financing
  • Provides tangible support to develop your suppliers
Structured Trade and Commodity Finance
  • Improves working capital and effectively manages your inventory
  • Solutions tailored to your business needs
  • A comprehensive range of structures to manage the financing of inventory and trade receivables
  • Financing structures can be offered on a full-recourse, limited-recourse or non-recourse basis based on certain conditions
  • Financing is offered in local currency or major foreign currencies
  • Selective Invoice Finance allows you to choose which invoices you would like to fund, and when you would like to fund them

Give your business a boost

Please note: Fields marked with an asterisk (*) are mandatory

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Run your imports and exports with peace of mind

As a buyer or supplier, you need the financial security of guaranteed payments. Let’s help you do it.

Letters of Credit

Secure your trade transactions.

Documentary Collections

We help you ensure that your suppliers present import documentary collections.

Avalisation of Bills of Exchange

By endorsing bills of exchange, we can assist you when your exporters require payment guarantees.

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Pre- and Post-Shipment Financing

Enhance your cash flow by getting access to finance before shipments takes place.

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Specialised Forfaiting Facility

Expedites payment and cash flow to eliminate export credit risk.

  • Explore our options

    Export Letters of Credit

    Advised within 24 hours of receipt. Upon request, our confirmation may also be added.

    Confirmation eliminates the risk of default by the beneficiary to the bank and can facilitate access to a wide variety of finance solutions, both before and after actual shipment has taken place.

     

    Import Letters of Credit

    Your overseas supplier may require you to provide an irrevocable letter of credit in their favour to secure a trade transaction.

    Our network of branches and correspondent banks enables us to issue letters of credit to beneficiaries in virtually all countries worldwide and in all freely convertible currencies.

    Subject to fulfilment of all our requirements, our policy is to ensure the beneficiary's bankers receive our letters of credit within 24 hours of our receipt of your application.

    Revolving Letters of Credit

    Useful for buyers and sellers who have a long-standing trading relationship.

    They involve our conditional undertaking to reinstate a letter of credit either after the occurrence of a specific event or after a specific time period has lapsed.

    Depending on your needs, We’ll undertake to reinstate these instruments automatically and without the requirement of any further amendment from you.

    The number of times within which this can take place will be agreed upon and specified in the credit documentation.

    Standby Letters of Credit 

    Whereas payments under regular letters of credit are generated by the performance of the exporter under a specified trade contract, payments under standby letters of credit are generated by the default of the importer under a specific trade contract. Standby letters of credit are irrevocable and payable on demand.

    Upon your request as an importer, we can provide this form of conditional undertaking on your behalf to the beneficiary.

    Should you fail to make settlement, we will settle on your behalf upon the presentation of specific documents by the beneficiary required under the credit agreement.

     

    Transferable Letters of Credit

    Can be transferred from the first beneficiary to one or more additional beneficiaries by the transferring bank.

    We’re currently actively involved in issuing and advising transferable letters of credit on behalf of and in favour of our customers.

    Given the risks inherent in these instruments, our trade specialists are available to further discuss the implications and terms and conditions under this type of credit.

    Import Letter – Credit Refinancing

    This is usually applicable in instances where certain unfavourable market conditions exist on the due payment date and for one reason or another, the applicant is not willing to make settlement.

    We can arrange to settle import letters of credit on your behalf and refinance you locally, up to 180 days after payment date, depending on your requirements.

    This arrangement can be applied in various instances and ultimately provides you with flexibility to manage your cash flow.

    Import Documentary Collections

    Under documentary collections, your overseas suppliers present appropriate documentation to their bankers, which are then forwarded to us to facilitate collection on their behalf.

    We ensure that you are advised promptly and that their instructions are carried out exactly as per their requirements.

    Different forms of financing can be arranged based on the presentation of appropriate documentation.

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    Bills of Exchange

    Exporters may require a third-party, usually a bank, to guarantee payment of a bill of exchange drawn on an importer under a trade contract.

    This action is known as "avalisation" and can be provided on behalf of the exporter upon request.

    By endorsing the bill on the back, the bank commits itself unconditionally to pay should the drawee default.

    An "avalised" bill substitutes the bank's risk for the importer’s risk, which provides the exporter with the assurance that the payment will be made.

    This bill can subsequently be discounted or used to negotiate better credit terms, which can enhance the trading relationship with the importer.

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    Forfaiting

    This is a transaction-based facility and is generally evidenced by the use of negotiable instruments such as bills of exchange and promissory notes guaranteed by a third-party  – usually a bank.

    Traditionally used in financing of exporters, forfaiting has evolved to also suit local traders/sellers and we have been at the forefront of this.

Apply now

Please note: Fields marked with an asterisk (*) are mandatory

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Boost your cash flow and let your business grow

Improve liquidity and get working capital when you need it.

Increased cash flow

Discounting a trade instrument such as an export Letter of Credit and Bill of Exchange is convenient and offers a cost-effective method of financing for your business. We offer options to discount bills drawn in local currency and major foreign currencies.

Added security

Enjoy the added comfort of a positive balance through our non-recourse discounting on avalised bills and confirmed Letters of Credit. 

Advance against your receivables

Obtaining an advance against your trade debtors allows your business to meet its commitments and sustain its growth.

Apply for your discounting solution now

Please note: Fields marked with an asterisk (*) are mandatory

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Trade more securely with our bank guarantees

Our bonds and guarantees are accepted globally and will help protect you from the risks of international trade.

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Accepted worldwide

Standard, internationally-agreed format.

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Tailored to your needs

Can be created in the name of individuals, corporate entities or trust structures.

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Variable terms

Guarantees for any period up to a year, with longer terms available on request.

Explore our solutions:

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Key benefits
  • Secured against your company’s assets
  • Clear international format
  • Tailored to your needs
  • Lasts up to one year (longer periods available on request)
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The guarantees we offer include:
  • Standby letter of credit
  • Tender guarantees (bid bond)
  • Performance guarantees
  • Advance payment guarantees
  • Retention money guarantees
  • Facility guarantees
  • Rent guarantees
  • Trade debt
  • Indemnities
  • Maintenance guarantees

Apply for your bank guarantee now

Please note: Fields marked with an asterisk (*) are mandatory

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Need more help?

Call:

Tel: +258 21 344 400
(Customer Care)

Email:

linhacliente@barclays.co.mz

Talk to us