A selected network of reliable banks abroad supports our foreign trade activities on behalf of our customers. Most of our correspondent banks look back on a long co-operation with Sparkasse Krefeld.
Latest technologies are used for funds transfers by SWIFT in cooperation with our correspondent banks, in EUR as well as in foreign currencies.
We take care of all procedures regarding your Documentary Letters of Credit, ranging from advising and negotiating an L/C to bank guarantees and documentary collections. Additional financing is effected based on an L/C. As an additional service we take over country risks for our customers.
In international trade risks are usually greater than in domestic business activities. The type of guarantee you require will depend on whether you are an importer or an exporter.
Our customers benefit from attractive factoring and forfaiting options and thus become even more competitive in the global market place.
This central service provider of the Savings Banks Finance Group supplies our customers with qualified information on international markets and practical assistance like financing abroad and opening of foreign accounts.